Tag : financial inclusion

FinVolution Secures Increased Financing Facility for AdaKami Through Strengthened Cooperation with PT Bank Jago
Finance News

FinVolution Secures Increased Financing Facility

Fintech News Desk
FinVolution Group (“FinVolution,” or the “Company”), a leading fintech platform, announced that its Indonesian subsidiary, AdaKami, obtained a fivefold increase in its financing facility with PT Bank Jago Tbk (“Bank Jago”). The increase from 100 billion Rupiah to 500 billion Rupiah (US$34.9 million) will enhance AdaKami’s ability to expand credit access to broader......
Sopra Steria and Algoan Strengthen Their Partnership to Accelerate Financial Inclusion
Banking News

Sopra Steria and Algoan Strengthen Their Partnership to Accelerate Financial Inclusion

Fintech News Desk
Sopra Steria, via Sopra Steria Ventures, has invested in Algoan, the leading French fintech in API-based credit scoring. Sopra Banking Software (SBS), a key technology partner to more than 1,500 financial institutions worldwide, will leverage this industrial partnership to accelerate its own capacity to offer more inclusive and responsible access to credit.......
Global Financial Inclusion Index from Principal Develops Benchmark for Financial Security and Inclusion Across Global Economies
Fintech News Security

Global Financial Inclusion Index from Principal Develops Benchmark for Financial Security and Inclusion Across Global Economies

Fintech News Desk
Singapore is the world’s most financially inclusive market, alongside the U.S., Nordic Europe, and Hong Kong, according to the inaugural Global Financial Inclusion Index (Index) sponsored by Principal Financial Group. The research, conducted by the Centre for Economics and Business Research and released today, examines how well a market’s respective government, financial system,......
Tricolor Closes $100 million Credit Facility with Fifth Third Bank to Support Scale
Banking Finance News

Tricolor Closes $100 million Credit Facility with Fifth Third Bank to Support Scale

Fintech News Desk
Additional financing increases Company’s revolving capacity to $650 million Tricolor announced the closing of a $100 million warehouse facility with Cincinnati-based Fifth Third Bank, National Association, secured by loans originated across its growing footprint, which spans five states, 20 markets and 55 retail hubs. “The addition of Fifth Third Bank to......
Bitget Launches Zero Trading Fee Campaign Along With 1M BGB Prize Pool
Cryptocurrency News

Bitget Launches Zero Trading Fee Campaign Along With 1M BGB Prize Pool

Fintech News Desk
Available for all spot trades, coupled with additional bonuses Leading global crypto exchange, Bitget, announces its Zero Trading Fee campaign for all spot trading pairs on the Bitget platform. The initiative aims to tackle recent unfavourable market conditions, rewarding loyal users and encouraging new entrants to trade crypto with zero trading......
Visa Welcomes Jeff Navarro as Country Manager for the Philippines and Guam
Digital Payments News

Visa Welcomes Jeff Navarro as Country Manager for the Philippines and Guam

Fintech News Desk
Visa, the world’s leader in digital payments, is pleased to announce the appointment of Jeff Navarro as its new Country Manager for the Philippines and Guam, succeeding Dan Wolbert, who has moved to a new role in Visa’s North American operations. Jeff is a seasoned leader who is passionate about......
Moove Signs MoU with MUFG and Suzuki to Promote Financial Inclusion for Mobility Gig Workers Globally
Fintech News

Moove Signs Agreement with MUFG and Suzuki to Promote Financial Inclusion for Mobility Gig Workers Across Africa

Fintech News Desk
Moove, the world’s first mobility fintech, today announced the signing of a Memorandum of Understanding [MoU] with MUFG, one of the world’s leading financial groups and Suzuki, one of the world’s leading suppliers of vehicles to mobility businesses. Through this MoU, Moove, which provides revenue-based financing to mobility entrepreneurs, aims to advance......
A Mobile-Led Risk-Based Approach Is Crucial to Achieving Financial Inclusion
Banking Digital Payments Guest Posts

A Mobile-Led Risk-Based Approach Is Crucial to Achieving Financial Inclusion

Sandy Rheeder
Fintechs that are innovating, operating and growing throughout Africa have moved on from the broad academic concept of financial inclusion to the practical onboarding and walking hand in hand with under-served people along a financial journey. The first port of call is understanding that serving the under-served is not just......
Georgia Tech Financial Services Innovation Lab and Fiserv Partner to Advance Insight into Consumer Finances and Further Financial Inclusion
Finance News

Georgia Tech Financial Services Innovation Lab and Fiserv Partner to Advance Insight into Consumer Finances and Further Financial Inclusion

Fintech News Desk
The Financial Services Innovation Lab (FSIL), which serves as an interface between the financial services industry and faculty and students at the Georgia Institute of Technology, and Fiserv (Nasdaq: FISV), a leading global provider of payments and financial services technology with a flagship presence in Georgia, are partnering on a new initiative......
Nigeria’s Economy Reaps Benefits of Real-Time and Digital Banking Transformation
Banking News

Nigeria’s Economy Reaps Benefits of Real-Time and Digital Banking Transformation

Fintech News Desk
Nigeria is Africa’s undisputed real-time payments and digital payments leader, recording 3.7 billion real-time transactions in 2021 and ranking 6th in the league table of the world’s most developed real-time payments markets, according to the third edition of ACI’s Prime Time for Real-Time report The widespread uptake of new digital and......
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