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Press Release: DFC Announces $42 Million Guaranty to the Dominican Republic’s Banreservas, Plans to Open New Regional Office in Santo Domingo in October
The new loan portfolio guaranty to the Dominican Republic’s largest bank will increase small business lending with a particular focus on underrepresented entrepreneurs.
- Categories
- Finance
- Region
- Latin America
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Mexico-Based Unicorn Stori Raises $212 Million to Promote Financial Inclusion
Stori launched its first credit card in 2020, aimed at consumers overlooked by traditional lenders.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Nobel Laureate Muhammad Yunus to Lead Bangladesh Interim Government
The microfinance pioneer has been tapped to lead an interim government after the ouster of PM Sheikh Hasina.
- Categories
- Finance
- Region
- Asia Pacific
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Aviva Raises $5.5 Million to Provide Financial Services to Underserved
The company operates a series of kiosks around Mexico that allow users to apply for loans via video call, get approved in real time and receive their funds in under 24 hours.
- Categories
- Finance, Technology
- Region
- Latin America
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Flutterwave’s Ghana Payment License Paves Way for Secure Transactions
The milestone marks a significant expansion of Flutterwave's operations in Africa by enabling the company to offer a comprehensive suite of payment services.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Wema Bank Unveils AlatPay to Enable Instant Payment for Small Businesses in Nigeria
Wema Bank, the financial institution behind Africa’s digital bank Alat, has launched AlatPay, an instant digital payment solution designed to enable businesses of all sizes to digitise their operations.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Fintech for Gig-Workers OCN Raises $86 Million
OCN is the leading Fintech for gig workers across the Americas.
- Categories
- Finance, Technology
- Region
- Latin America
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BranchX Becomes India’s First Neobank to Launch ONDC Loans for Financial Inclusion
This initiative marks a significant step towards financial inclusion for India’s 1.4 billion people.
- Categories
- Finance
- Region
- Asia Pacific
