The money will "empower local small- and medium-sized enterprises, with a particular focus on underserved segments such as youth and women-owned businesses, agricultural enterprises, and very small enterprises".

Six students from Colombia and Peru are granted scholarships to cover tuition and academic costs for the young students until they finish their studies.

The fresh capital will be used by Jeff App to continue its aggressive expansion into new markets, with India being the next target. 

These forward-thinking fund managers are dedicated to addressing climate change head-on and driving positive impact in diverse regions across the globe.

The company projects it will process around $400 million in payments this year in the five countries in which it operate.

The firm was committed to educating young people about the importance of insurance and financial planning from an early age.

The fund will support and invest in social entrepreneurs working in the fields of agriculture, financial inclusion, supply chain and mobility, with the aim of solving social issues in India through business.

The joint initiative aims to leverage their combined strengths to benefit farmer producer organizations, nano, micro, small, and medium enterprises, Self-Help Groups, women entrepreneurs, start-ups, and similar entities.

This collaboration underscores a significant step towards enhancing digital trust and financial inclusion for Micro, Small, and Medium Enterprises (MSMEs) globally.

VisionFund International has reached 5.2 million children in 25 countries. Majority of those impacted were from the African region, with 4.5 million children.