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Kenya’s 4G Capital Secures $2 Million Funding to Expand Financial Inclusion Across East Africa
Founded in 2013, 4G Capital blends human customer service with advanced digital technology to deliver small working capital loans and customised business training to micro enterprises that are excluded from the formal financial system.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- financial inclusion, fintech, innovation, lending, MSMEs, scale, startups
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The Myths and Realities of Inclusive Insurance: Lessons from the Field
Across low- and middle-income countries (LMICs), insurance penetration is around 1% of GDP, compared to a global average of around 7%. According to Rehan Butt at Instaful Solutions, policymakers, donors and insurers have increasingly turned to “inclusive insurance” to reach LMIC customers — yet they often mistakenly approach it as a scaled down or charitable version of traditional insurance. He argues that inclusive insurance represents a fundamentally different business model, with distinct product design, processes, distribution and economics, and highlights some misconceptions that can cause these insurance products and programs to underperform.
- Categories
- Finance
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TransFi Inc. Raises $19 Million to Build an Emerging Markets–Focused Global Payments Platform on Stablecoin Rails
The Series A funding will be deployed to accelerate expansion across high-growth emerging market corridors across South-East Asia, South Asia, Middle East, LatAm and Africa, deepen regulatory licensing, and strengthen TransFi’s liquidity network.
- Categories
- Finance, Technology
- Region
- Global
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Divest Launches Money Xchange to Simplify Cross-Border Payments in Africa
One of the main features of Money Xchange is transparency. The platform allows users to see exchange rates before they confirm a transaction.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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ResponsAbility Commits USD $21.5 Million to CDB to Scale Green Lending in Sri Lanka
The transaction strengthens responsAbility’s footprint in South Asia and the Sri Lankan market, supporting CDB in expanding SME lending, advancing gender-focused financing, and scaling investments in energy efficiency and renewable energy.
- Categories
- Investing
- Region
- South Asia
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Designing Finance for the Realities of Youth: Applications are Open for the Newly Renamed Luxembourg Award for Inclusive Finance
Over 1.3 billion people in emerging economies are between 18 and 35, and the median age in some developing countries is in the teens or low twenties. As Sam Mendelson at e-MFP and Tim Nourse at Making Cents argue, young people represent the economic center of gravity in the Global South, yet financial systems were not designed to serve their shifting needs. They explore opportunities to unlock youth-inclusive finance — the theme of this year's Luxembourg Award for Inclusive Finance (formerly known as the European Microfinance Award).
- Categories
- Finance
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CreditAccess Grameen Bolsters its Microfinance Impact with USD $75 Million Social Loan
This move enhances CA Grameen's presence in international markets, with the company raising over USD 300 million in commitments globally this fiscal year.
- Categories
- Investing
- Region
- Asia Pacific
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Western Union and Sasai Fintech Boost Digital Remittance Access for South Africa’s Consumers
Through this app, customers can transfer funds to billions of bank accounts and wallets worldwide, or for cash pick-up at hundreds of thousands of retail locations.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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