Mukuru launches Zimbabwe mobile wallet, enabling secure local and international transfers, safe fund storage, and broad accessibility for underserved communities.

The launch means customers can access US equities, ETFs and soon funds managed by some of the world’s largest asset managers via the nsave app, subject to onboarding and compliance checks.

The program is currently inviting applications from startups working on gender-inclusive financial solutions, targeting those with a demonstrable minimum viable product and having received pre-seed to pre-Series A funding, or generating revenues or traction.

Approving the launch aligns with the Central Bank of Egypt’s efforts to collaborate with more fintechs to provide solutions that advance financial inclusion in line with the Egyptian government’s vision.

Security Bank has partnered with WeFund Lending Corp., operator of the fintech lending app JuanHand, to enhance access to financial services for underserved Filipinos.

The debt funding will be used to fuel the growth of its Nasiya service, which provides Shariah-compliant retail financing for consumers in Uzbekistan

Krishna Venkatraman assesses the AI capabilities that most significantly impact financial inclusion, discusses how fintechs are using AI to empower and boost economies and explains what the future holds for AI and fintech.

IFC and Banco Daycoval, one of Brazil's leading mid-sized banks in the corporate credit market, have just signed a $460 million loan agreement to stimulate credit for female entrepreneurship and micro, small, and medium enterprises (MSMEs), particularly in the Legal Amazon region.

The World Bank and United Nations Interim Damage Assessment updated July 2024 figures estimate $14.2 million in damages to the financial sector in Gaza between October and the end of January 2024.

IFC is establishing the country’s first risk sharing facilities with two Armenian banks and providing a loan to a third for on-lending to micro and smaller businesses.