With the new licensee, there are now six authorized companies offering consumer microfinance solutions in Saudi Arabia.

UNCDF launches the Cash-in/Cash-Out (CICO) project in Addis Ababa, Ethiopia, bringing together key stakeholders from Ethiopia's banking sector, MNOs, Fintechs, MFIs, development agencies and other digital financial services ecosystem players.

The world's first Iris-enabled payment platform and a leading provider of innovative Government digital services collaborate for more efficient, inclusive and trusted distribution social protection payments.

Through a strategic partnership, UNCDF and Google aim to digitize micro, small and medium enterprises in the Eastern and Southern Africa Region by providing technical assistance, training, and business advisory support.

Saudi Venture Capital Company, in partnership with the Capital Market Authority and the Financial Sector Development Program has launched a new product designed to support the growth of the fintech industry in Saudi Arabia.

COVID-19 has created many disruptions in Ethiopia this year, impacting both merchants and consumers.

Up to 77 percent of consumers in the Kingdom spending more money online since the onset of the pandemic.

The solution offers customers a convenient and simple method for Savings Groups’ habit.

The decision of the National Bank of Ethiopia followed the chronic foreign currency shortage the country has been facing for many years.

The collaboration enables UNFCU members to transfer money to mobile wallets in select countries in local currencies.