The Fintech Times

SEPTEMBER 27, 2024

Despite its political unrest and economic challenges, Myanmar has shown significant progress in the fintech sector, bringing financial services to underserved populations. Agriculture, however, remains the largest contributor to the economy, accounting for nearly half of the GDP and employing two-thirds of the labour force.

Financial Inclusion 102

Financial Inclusion FinTech Underserved Central Bank 102

Fintech Finance

MARCH 5, 2025

The State Bank of Pakistan (SBP) has awarded Mashreq Pakistan a restricted license for pilot operations as part of the government’s strategy to unlock Pakistan’s digital potential and provide greater access to financial services to underserved consumer groups.

Visa 88

Visa Underserved Financial Inclusion Economy 88

Fintech News

APRIL 3, 2024

The report, titled “Her Fintech Edge: Market Insights for Inclusive Growth”, explores the representation of women within fintech portfolios and the factors influencing, and examines the performance of women customers compared to overall portfolios, considering loyalty, customer lifetime value (CLV), and default rates.

Financial Inclusion 126

Financial Inclusion FinTech Financial Literacy Non-Bank 126

The Fintech Times

NOVEMBER 26, 2024

Cross-border payment hub, Tranglo , has expanded its footprint in Africa, now supporting payouts in Ethiopia, Kenya, Liberia, Madagascar, Mali, Senegal, and Zambia as it continues to aim to boost financial inclusion by providing efficient, affordable cross-border payment solutions to the region. per cent in 2024.

Cross-Border Payments 75

Cross-Border Payments Cross-Border Payment APIs and Integration Financial Inclusion 75

FICO

OCTOBER 25, 2016

That’s why FICO has announced the FICO Financial Inclusion Initiative , a global effort to increase access to affordable credit for consumers and businesses with limited or no credit history. Over the last 27 years, the FICO Score has brought additional gains to the United States economy. For more information: [link].

Financial Inclusion 104

Financial Inclusion Risk Underserved Non-Bank 104

The Payments Association

JANUARY 10, 2024

Advancing Global Economies Through Financial Inclusion Financial inclusion is reshaping the global economy by making financial services accessible to underserved populations. Read more

Financial Inclusion 88

Financial Inclusion Financial Literacy Underserved Economy 88

The Fintech Times

FEBRUARY 4, 2025

Designed to serve the needs of micro and small businesses (SMEs) and freelancers, Yuze offers financial solutions that look to support local businesses and fuel growth in Indias economy. At Yuze, financial inclusion is at the core of everything we do. At Yuze we believe in financial inclusion for everyone.

Micro-Entry 72

Micro-Entry Financial Inclusion Underserved Small Business 72

The Fintech Times

MAY 9, 2024

Paymentology , the global issuer-processor, has joined forces with Diamond Trust Bank , a tier-one East African commercial bank, in a move hoping to help drive financial inclusion in Kenya through the embedding of financial services, and deployment of Cards-as-a-Service (CaaS).

Financial Inclusion 104

Financial Inclusion Embedded Finance Payment APIs and Integration Non-Bank 104

The Fintech Times

OCTOBER 1, 2024

Having originally launched in Mexico in February 2024, inDrive Money improves financial inclusion for gig economy workers. This is particularly impactful as freelancers have traditionally been underserved in Latin America, and Colombia is no different. This will depend on their activity on the inDrive app.

Financial Inclusion 104

Financial Inclusion Underserved Origination Finance 104

Fintech Finance

MARCH 24, 2025

Championed by the Central Bank of Somalia (CBS), the initiative marks a major step in modernising Somalia’s payment infrastructure, promoting financial inclusion and enhancing economic stability. This innovation brings speed and security to daily transactions, empowering businesses and individuals to embrace a cashless economy.

Instant Payments 90

Instant Payments Settlement Payments Central Bank 90

PYMNTS

DECEMBER 1, 2019

The goal is to improve Nigeria’s financial inclusion rate by 20 percent, bringing it to 80 percent by the end of 2020. Nigerians in underserved locations will have access to cost-effective payment services, cash-in and cash-out facilities, and savings products.”.

Financial Inclusion 101

Financial Inclusion Central Bank FinTech Mobile Banking 101

Fintech Finance

JANUARY 13, 2025

This strategic milestone underscores Mastercards commitment to supporting the country’s growing digital economy by providing innovative financial products and services tailored to the market. Mastercard has expanded its operations in West Africa with the opening of its first office in Accra, Ghana.

Visa 98

Visa Financial Inclusion Cross-Border Payments Cross-Border 98

The Fintech Times

NOVEMBER 12, 2024

The teams are developing applications, products, and protocols that focus on consumer fintech solutions, OpenFI, financial inclusion, and DeFi. Consequently, this will provide a scalable and efficient solution for underserved businesses in the region. The selected teams were chosen from applications across the region.

Stablecoins 101

Stablecoins Cross-Border Financial Inclusion Underserved 101

Fintech News

DECEMBER 11, 2024

Since Singapore launched its first digital bank in 2022, five digital banksGXS Bank, MariBank, ANEXT Bank, Green Link Digital Bank, and Trust Bankhave entered the market, challenging traditional banking models and reintroducing fintech innovation to Singapore’s financial landscape.

Underserved 111

Underserved Regulatory Compliance Innovation Financial Inclusion 111

The Fintech Times

MARCH 27, 2025

Today, we process over one billion transactions monthly, with total payment volume exceeding $22billion; enabling businesses and individuals in Nigeria to digitise their operations and thrive in its rapidly evolving economy. What challenges remain to achieving Moniepoints financial inclusion goals?

FinTech 59

FinTech Financial Inclusion Cross-Border Payments Online and Mobile Banking 59

Fintech Review

NOVEMBER 27, 2024

Small and medium enterprises (SMEs) are the backbone of emerging economies. In many regions, they create jobs, drive innovation, and stimulate local economies. Yet, they often face financial challenges, struggling to access credit, manage cash flow, and navigate complex financial systems.

FinTech 105

FinTech Cross-Border Cross-Border Payments Online and Mobile Banking 105

The Fintech Times

FEBRUARY 4, 2025

Senegal is one of many countries across the Middle East and Africa trying to diversify its economy and future-proof itself by hosting financial inclusion by employing fintech solutions. Historically, Senegals economy has centred around agriculture, particularly peanuts.

FinTech 59

FinTech Financial Inclusion Online and Mobile Banking Central Bank 59

Fintech Finance

MARCH 24, 2025

Championed by the Central Bank of Somalia (CBS), the initiative marks a major step in modernising Somalia’s payment infrastructure, promoting financial inclusion and enhancing economic stability. This innovation brings speed and security to daily transactions, empowering businesses and individuals to embrace a cashless economy.

Instant Payments 69

Instant Payments Settlement Payments Central Bank 69

Fintech Finance

JULY 9, 2024

As part of this collaboration, NOW Money customers will be issued a Mastercard payment card, providing them with secure, seamless, and convenient access to their finances and enabling them to reap the benefits of the digital economy. Customers can handle payments, transfers, and other financial operations directly from their mobile phones.

Visa 98

Visa Financial Inclusion Fraud Detection Financial Literacy 98

The Fintech Times

NOVEMBER 14, 2024

Félix Pago uses blockchain and artificial intelligence (AI) to power its chat-based platform which makes financial services more accessible for those in historically underserved regions. The person sending the money tells the chatbot on WhatsApp, either in writing or by voice note, how much money they want to send and to whom.

Visa 64

Visa Financial Inclusion Cross-Border Cryptocurrency 64

Fintech Finance

JUNE 24, 2024

The partnership with Visa is a testament to Pyypl’s mission to democratise access to financial services, its innovative business model and the large market opportunity – as well as highlighting Visa’s trust in Pyypl to accelerate financial inclusion.

Financial Inclusion 98

Financial Inclusion Underserved Agreements Regulations 98

The Fintech Times

JUNE 23, 2024

With the support of local regulators, Pyypl can also provide access to prepaid Visa cards in other markets, fast-tracking financial inclusion across the MEA region. This not only gives them access to the digital economy, but also helps them thrive in this increasingly digital age.”

Financial Inclusion 59

Financial Inclusion Security Underserved Regulations 59

Fintech News

SEPTEMBER 1, 2024

Nikhilesh Goel Nikhilesh Goel, Co-founder and Group CEO of Validus said, “By leveraging Batumbu’s unique position as the largest and only profitable digital SME financing platform in the country, we are committed to unlocking new opportunities for businesses, driving economic growth, and enhancing financial inclusion.

Financial Inclusion 120

Financial Inclusion Underserved Small Business Finance 120

The Fintech Times

JANUARY 27, 2025

Mastercard, in collaboration with Money Fellows and Banque Misr, has launched a prepaid card in Egypt, aimed at enhancing financial inclusion and accessibility. per cent of Egyptians who are formally included in the financial system, offering features like online purchases, ATM transactions and exclusive discounts.

Visa 59

Visa Financial Inclusion Underserved ATM 59

The Fintech Times

JANUARY 23, 2025

The latest to do so is PayJoy , the financial service provider to the underserved in emerging markets, as it reveals how smartphones are enabling working mothers in Mexico to have financial stability. A further 24 per cent work more than 10 hours per day.

Finance 59

Finance Participant Economy Financial Inclusion 59

The Fintech Times

SEPTEMBER 22, 2024

Cambodia is leveraging fintech innovations and strategic reforms to boost economic growth, financial inclusion and international partnerships, positioning itself as a key player in the Southeast Asian digital economy. Cambodia’s economy is projected to grow by 5.8 The country’s GDP now stands at nearly $1,760.

Financial Inclusion 69

Financial Inclusion FinTech Central Bank Online and Mobile Banking 69

Fintech News

DECEMBER 4, 2024

The region has become a hotbed for embedded finance, thanks to its mobile-first economy and digitally savvy population. Financial inclusion will remain a key focus. Southeast Asia Is Blooming With Options Let’s start somewhere close to heart, Southeast Asia.

Embedded Finance 111

Embedded Finance Finance Payment APIs and Integration BNPL 111

Fintech Review

JULY 10, 2024

These platforms leverage blockchain technology to create open, accessible, and secure financial systems that operate without the need for intermediaries like banks. As a result, DeFi is gaining traction rapidly due to its ability to provide financial services to those who have been historically underserved by conventional banking systems.

Finance 97

Finance Financial Inclusion Underserved Blockchain 97

The Fintech Times

APRIL 22, 2024

Codebase Technologies , a UAE-based fintech platform provider, has launched its ‘Digibanc SME Financing’ platform to address the needs of underserved Micro, small, and medium-sized enterprises (MSMEs) across MENA and APAC. Globally the financing gap for formal MSMEs is an estimated $5.2

Underserved 69

Underserved Finance Technology APACS 69

The Fintech Times

DECEMBER 26, 2023

This underserved group encompasses those with minimal or no credit history, small businesses, and emerging demographics, including the youth and female populations. In Kenya, banking apps have driven a significant increase in financial inclusion from 26 per cent in 2006 to 83 per cent in 2021.

Financial Inclusion 59

Financial Inclusion Underserved Small Business Finance 59

The Fintech Times

AUGUST 14, 2024

Al Fardan Exchange, a financial services provider in the UAE, has partnered with the Dubai AI & Web3 Festival 2024 reflecting its commitment to advancing AI integration within the financial sector as well as supporting the UAE’s vision for a digitally advanced economy.

AI 106

AI Finance Financial Inclusion Underserved 106

Fintech News

OCTOBER 21, 2024

Floris de Kort Floris de Kort, CEO of Thunes, said, “Opening our Thunes’ Direct Global Network Membership to the banking community perfectly aligns with our mission to make the global economy accessible to all.

Cross-Border Payments 114

Cross-Border Payments Cross-Border SWIFT Financial Inclusion 114

Fintech News

JULY 1, 2024

With Oikocredit’s support, Batumbu will be better positioned to offer tailored financing solutions to underserved SMEs across multiple provinces of Indonesia, where banking presence is often thin, driving financial inclusion and fostering entrepreneurship. Together, we aim to create a lasting impact on the Indonesian economy.”

Finance 111

Finance Security Underserved Financial Inclusion 111

The Payments Association

DECEMBER 18, 2024

Key trends will include the acceleration of cross-border, real-time and instant payments and the rise of cashless economies. The growing adoption of mobile and internet technology and rising consumer expectations for instant payment experiences will drive financial inclusion forward.

Cross-Border 88

Cross-Border AI Push-to-Card Real Time Payments 88

Fintech News

FEBRUARY 10, 2025

How Agentic AI Can Transform Fintech Operations Potential Use Case Without Agentic AI With Agentic AI Customer engagement Rule-based chatbots provide scripted responses and struggle with context retention AI-driven financial assistants adapt to user behaviour, proactively offer personalised insights, and autonomously act (e.g.,

AI 76

AI FinTech Fraud Detection Fraud Prevention 76

The Fintech Times

SEPTEMBER 19, 2024

Lighthub Asset and WeLab’s venture (the consortium) will improve financial inclusion in Thailand. It will provide localised digital banking services to everyone, including the underserved. Firstly, the consortium aims to provide underserved segments with immediate access to intuitive financial products.

Financial Inclusion 59

Financial Inclusion Underserved Interoperability Multi-Currency 59

Fintech News

FEBRUARY 26, 2024

These include the provision of financial education resources via a mobile literacy toolkit, joint research efforts focused on financial inclusion, the digitisation of smallholder farmers and small enterprises to facilitate their use of digital financial services, and support for financial inclusion among refugees and their host communities.

Financial Inclusion 101

Financial Inclusion Finance Financial Literacy Underserved 101