Services the bank will offer include accepting deposits from individuals and small businesses, carrying out payment and remittance services within Nigeria, issuing debit and prepaid cards and more. 

The commitments are part of Mastercard’s engagement, as a founding member, in the Partnership for Central America.

The meetings of AFI members in Africa focus on how digitization of inclusive finance can ensure stability, growth and sustainability.

2021 Global Findex finds that three quarters of adults now have a bank or mobile money account; gender gap in account ownership narrows and more.

The theme of the 2022 IF50 competition is “Making Digitalization Count.”

The enactment of the new regulation could majorly update the the Indonesian Financial Services Authority's stated goal of maintaining a stable and transparent financial sector while protecting consumers and society.

The loan is intended to boost its services to micro-, small, and medium-sized enterprises – especially in rural areas – to “improve financial inclusion and contribute to Kazakhstan’s recovery from the COVID-19 pandemic.”

The fintech has now raised $38 million to date and intends to use the fresh capital to launch new financial products in Ghana, expand its customer base throughout the continent.

Designed as a global end-to-end policy and finance platform, the Hub will harness the power of financial innovation to ensure maximum leverage. 

The green projects that will be financed  belong to the renewable energy category, in particular solar kits.