All News and Announcements
SAMA Licenses Fintech Company Loan to Provide Consumer Microfinance Solutions
With the new licensee, there are now six authorized companies offering consumer microfinance solutions in Saudi Arabia.
IrisGuard Partners With Elm to Help Boost Financial Inclusion in the Developing World
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.
SVC Launches New Investment in Fintech VC Funds Product at the Financial Sector Conference 2023
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.
Opportunity International Awarded $2 Million Grant From Visa Foundation to Remove Barriers and Unlock Capital to Women-Led Business
The grant will allow Opportunity International to provide micro and small business loans, digital tools and specialized technical training to women-led small- and micro businesses in the Democratic Republic of the Congo (DRC), Ghana, Nigeria and Uganda.
Opportunity International and Oikocredit Announce $100 Million Impact Investment Agreement to Advance the Education Sector in Low-income Countries
Opportunity International and Oikocredit will mobilize the funds over the next three years with an initial, near-term focus on Ghana, Kenya, Nigeria, Senegal, and Uganda.
Designing Interoperable Agent Banking Business Model for ARB Apex Bank in Ghana
The main objectives of the assignment were to design agency banking business model, map potential agents’ locations throughout the country, and provide technical assistance for branding, advertising, consumer education and industry sensitization on agency banking.
UNCDF Is Boosting Financial Inclusion and Job Creation in Ghana Through Green Innovation Challenge
Applicants can be based anywhere globally, however solutions must focus on youth, women, returning migrants or MSMES in Ashanti and Western regions of Ghana.
New Mastercard Study Reveals Rapid Shift Toward Digital Payments in Saudi Arabia
Up to 77 percent of consumers in the Kingdom spending more money online since the onset of the pandemic.
AFC Strengthens Its Presence in Ghana With Three New Projects in the Financial Sector
AFC started implementing three new projects in fall this year that aim to promote financial sector soundness and access to financial services by individuals.
Saudi Arabian Savings App Hakbah Forms Partnership With Visa
The solution offers customers a convenient and simple method for Savings Groups’ habit.