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Found 33 results in 906 milliseconds.

ComBank, IFC partner to develop supply chain financing

News | Online & Mobile Banking | 01 Apr 2024

Sri Lanka-based Commercial Bank of Ceylon, ComBank, has recently announced a new partnership with the International Finance Corporation (IFC), to develop a supply chain financing (SCF) strategy that will help the bank to lend more to local SMEs.

 

lending, SMEs, SME lending, partnership, banks, financial services, financial institutions, financial inclusion, cross-border logistics, supply chain finance, funding

Visa, GCash to drive financial inclusion in the Philippines

News | Mobile Payments | 09 Oct 2023

Global digital payments provider Visa and Philippines-based super app GCash have partnered in a bid to drive financial inclusion.

partnership, product launch, financial inclusion, mobile payments, digital wallet, digitalisation, paytech, fintech

World Bank partners with IDB

News | Online & Mobile Banking | 01 Sep 2023

The World Bank has partnered with the Inter-American Development Bank to offer customers in Latin America and the Caribbean new opportunities and boots development.

partnership, mobile banking, online banking, digital banking, financial services, financial institutions, banking

IFC partners with Philippine Central Bank

News | Online & Mobile Banking | 21 Jun 2023

The International Finance Corporation has announced its partnership with Bangko Sentral ng Pilipinas and World Bank to launch the Open Finance PH Pilot.

partnership, product launch, mobile banking, online banking, digital banking, banking, Open Banking, Open Finance

Dominican Republic takes first step towards Open Banking

News | Online & Mobile Banking | 10 Jun 2022

The Superintendency of Banks (SB) and the International Finance Corporation (IFC), of the World Bank Group, have signed a letter of commitment for the design and implementation of Open Banking, as a first step for the adoption of this scheme in the Dominican Republic.

 

Open Banking, financial institutions, banks

B2B BNPL platform Mintifi raises USD 40 mln in Series C

News | E-invoicing, SCF & E-procurement | 08 Feb 2022

India-based B2B BNPL platform Mintifi has raised USD 40 million in its Series C round of funding led by Norwest Venture Partners and Elevation Capital. 

funding, BNPL, B2B payments, marketplace, supply chain finance

Brimore ecommerce platform receives USD 25 mln in funding

News | Ecommerce | 31 Jan 2022

Egypt-based social ecommerce platform Brimore has announced it raised USD 25 million in a Series A funding round led by the International Finance Corporation (IFC) and Endure Capital.

ecommerce, online platform, ecommerce platform, digitalisation, merchants

IFC chooses Open Banking Exchange to develop Philippine's Open Finance

News | Online & Mobile Banking | 08 Dec 2021

International Finance Corporation (IFC) has chosen Open Banking Exchange (OBE) to support the development of the industry framework for Open Finance in Philippines.

Open Banking, Open Finance, financial services, digitalisation

Barry Callebaut, IFC, Demica partner on sustainability-linked SCF programme

News | E-invoicing, SCF & E-procurement | 05 Nov 2021

Cocoa manufacturer Barry Callebaut has partnered with the International Finance Corporation (IFC) to roll out a sustainability-linked supply chain finance programme for its ingredient supply base, reports Global Trade Review (GTR).

supply chain finance, sustainability

Voyager raises USD 167 mln for financial services expansion

News | Online & Mobile Banking | 28 Jun 2021

Philippines-based Voyager has raised USD 167 million to fast-track financial inclusion in the Philippines through its financial technology arm, PayMaya Philippines (PayMaya). 

funding, financial inclusion, unbanked, SME lending

MTN South Africa, IFC to help underbanked in South Africa

News | E-invoicing, SCF & E-procurement | 24 May 2021

MTN South Africa has announced a USD 2 million partnership with the International Finance Corporation (IFC), to expand MTN’s Mobile Money (MoMo) business in South Africa.

partnership, unbanked, financial services, compliance

IFC partners with Nigeria-based LAPO for microfinance expansion

News | Payments General | 30 Apr 2021

The International Finance Corporation (IFC) has partnered with the Lift Above Poverty Organisation (LAPO) to help expand banking services to low-income populations in sub-Saharan Africa.

partnership, financial inclusion

Figopara secures USD 1 mln in financing round

News | Online & Mobile Banking | 11 May 2020

Turkey-based fintech Figopara has raised a million dollars in its second financing round.

Turkey, fintech, Figopara, IFC, The World Bank’s International Finance Corporation, Revo Capital, Endeavor Catalyst, SMEs, invoices, lenders, Akbank, Fibabanka, ING Turkey, Yapi Kredi Bank

Flutterwave launches ecommerce portal for SMEs

News | Ecommerce | 01 May 2020

Fintech startup Flutterwave has launched Flutterwave Store, a portal for African merchants to create digital shops.

Flutterwave, Africa, launch, SMEs, Flutterwave Store, merchants, digital shops, inventory, Sendy¸ Sendbox, ecommerce

World Bank Group announces up to USD 12 Billion for COVID-19 country response

News | Payments General | 04 Mar 2020

The World Bank Group is making available up to USD 12 billion to assist countries coping with the health and economic impacts of the global COVID-19 outbreak. 

The World Bank Group, World Bank, COVID-19, coronavirus, IDA, IBRD, IFC, International Finance Corporation, lending, low-interest loan

IFC teams with Coronation Merchant Bank to boost trade finance in Nigeria

News | E-invoicing, SCF & E-procurement | 04 Mar 2020

International Finance Corporation has announced a USD 40 million trade finance guarantee facility to Coronation Merchant Bank under its Global Trade Finance Program.

International Finance Corporation, partnership, trade finance guarantee facility, Coronation Merchant Bank, Global Trade Finance Program, trade finance, Nigeria, access to capital

IFC raises trade finance limits to support firms amid COVID-19

News | E-invoicing, SCF & E-procurement | 24 Feb 2020

The International Finance Corporation has increased trade finance limits for Vietnamese banks to improve their capacity to cover SME payment risks after COVID-19 outbreak.

The International Finance Corporation, IFC, trade finance, payments risk, Vietnam, An Binh Commercial Joint Stock Bank, ABBank, Tien Phong Commercial Joint Stock Bank, Vietnam International Commercial Joint Stock Bank, Vietnam Prosperity Joint Stock Commercial Bank, Asia, APAC

Standard Chartered, IFC create USD 1 billion trade finance facility

News | E-invoicing, SCF & E-procurement | 24 Oct 2019

Standard Chartered and US-based International Financial Corporation have established a USD 1 bln facility to boost trade finance in emerging markets.

International Financial Corporation, Standard Chartered, US, UK, trade finance, partnership, emerging markets, Trade Finance Facility, banking, lending, trade facilitation

IFC, Goldman Sachs launch gender-focused trade finance programme

News | E-invoicing, SCF & E-procurement | 05 Jul 2019

The International Finance Corporation (IFC) and the Goldman Sachs Foundation have launched a first-of-its-kind gender-focused trade finance programme.

IFC, Goldman Sachs, trade finance, Banking on Women-Global Trade Finance Program

IFC credit package boosts SCF for Vietnamese SMEs

News | E-invoicing, SCF & E-procurement | 28 Mar 2019

The International Finance Corporation and Orient Commercial Bank have signed a deal on a USD 100 mln USD credit package to promote supply chain financing.

The International Finance Corporation, IFC, Orient Commercial Bank, supply chain finance, lending, small and medium sized enterprises, SMEs, Co-Lending Portfolio Programme, Vietnam, Asia, APAC