The investment aims to strengthen financial assistance for micro, small and medium scale enterprises (MSMEs), particularly those owned by women in Côte D’Ivoire.

The five-year initiative aims to advance digital financial inclusion for 20 million people, especially women, small holder farmers, and nano, micro and small enterprise owners across low- and middle-income countries in Africa, Asia and Latin America.

By addressing the need for improved access to financial services and support for MSMEs in agriculture, the project aims to contribute to the creation of jobs and the sustainable and inclusive economic development of the sector.

This partnership is poised to significantly narrow the financial inclusion gap, streamlining the processes of money transfer, savings, and credit accessibility for individuals.

The acquisition of the fintech startup paves for Carbon to launch a new banking platform targeting Nigerian businesses.

BRAC International has recently expanded its microfinance operations in Liberia, marking a significant milestone in its mission to empower women in rural and remote areas.

The AI-driven nature of Crendly’s API will extend new capabilities to financial institutions by adapting and growing with new data to allow them transcend traditional boundaries in credit provision.

Blockchain plays a pivotal role in the success of this microfinancing model, from transparency, security, and efficiency to serving as a strategic tool in capital markets and global financial inclusion.

The $10 million funding will enable Nithio to extend its financing to distributors of solar home systems and solar appliances for productive use, such as lighting, communication, irrigation and cooling systems for households and businesses.

Under this agreement Garagaara will provide an expandable shariah compliant line of financing to KIMS for use by the institution to increase its provision of financing of MSEs across the Somalia.