All News and Announcements

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News

Vietnamese Fintech Startup Trusting Social Raises $65m Series C

Trusting Social is an AI fintech company aspiring to democratize financial services through AI-based consumer insights and embedded finance.

News

$60+ Million in Commitments for UN-Affiliated Impact Investment Vehicle Announced at the Finance for Development Forum

The funding was committed from six member states to the BUILD Fund, a blended impact investment vehicle, as well as its associated technical assistance facility, to finance small and medium-sized businesses in the world’s least developed countries to help achieve the Sustainable Development Goals.

News

Strategic Impact Advisors Launch a New Digital Financial Literacy Campaign

This learning content, made up of 22 short lessons, is open and available for use and adaptation by anyone, anywhere.

News

Deadline Extended to 8 May: UNESCAP Call for Expressions of Interest to Unlock Investment Capital for Women Entrepreneurs

Deadline to submit applications is ongoing, with priority given to eligible institutions that submit before 8 May 2022.

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Early Bird Pricing for 24th MFC Annual Conference Ends on 6 May!

The event will provide a perfect opportunity to make new connections and deals, and lay ground for exciting partnerships.

News

Digitizing Payments Can Add $6.2 Billion to Bangladesh’s Annual GDP

The Government of Bangladesh, in partnership with the UN-based Better Than Cash Alliance, just launched its 2022-2025 National Digital Payments Roadmap – a call to action for key public and private sector actors to speed up responsible payment digitization to leave no one behind.

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ADA to Promote Financial Inclusion in Niger via Improved Product Design, Supervision, Funding Framework

The initiative is part of a larger LuxDev effort in Niger that has a total budget of EUR 145 million (USD 156 million).

News

Nigeria: Firms Announce $3M Partnership to Drive Financial Inclusion Among Independent Commercial Drivers

Through this partnership, more than 5,000 MAX drivers will also gain access to digital financial services offered by VFD Microfinance bank.

News

Wave Mobile Money Becomes the First Fintech Operating in Multiple WAEMU Countries to Get an E-money License

The new E-money license allows Wave to directly offer its current suite of financial products to customers.

News

Catalyst Fund to Incubate Six "Inclusive" Fintechs Serving Africa, Latin America

Catalyst will provide each firm with an investment as large as GBP 80,000 ($105,000) and arrange non-financial support from the staff of BFA and various partner investment and consulting firms.