Tagged: world bank group

Uplinq Partners with the SME Finance Forum, Part of World Bank Group

Uplinq, a global credit & scoring assessment platform for small business lenders, has partnered with SME Finance Forum – an entity that is managed by the International Finance Corporation (IFC), a part of the World Bank Group. SME Finance Forum was established by the G20 Global… Read More

Open Banking Exchange (OBE) Chosen by IFC to Conduct Open Finance Program in the Philippines

As open finance continues to evolve as an international movement, it’s critical for various world  regions to compare different implementation methods before selecting the best or most appropriate system. The Open Banking Exchange, the international unit of Open Banking Europe, has been established to guide… Read More

Ant Financial Teams Up With IFC to Launch Financial Inclusion Program

International Financial Corporation (IFC), a member of the World Bank Group, and Ant Financial Services Group (Ant Financial), a China-based tech company and the operator of Alipay, announced on Monday the launch of their new 10×1000 Tech for Inclusion program at the 2018 Annual Meetings… Read More

US Fintech Platform Remitly Secures $38M, Expands into Latin America

Remitly, an independent mobile remittance company in the US, announced its receipt of  $38 million in new equity and debt financing from IFC, a member of the World Bank Group, and Silicon Valley Bank. The financing will aid in the company’s expansion to deliver international fund transfers… Read More

Hot Off the Press: World Economic Forum’s Global Agenda Council on the Future of Finance and Capital: Symbiotic Relationship between Fintech & SMEs

Fintech companies could provide relief for small to medium-sized enterprises (SMEs) by helping to close a $2 trillion funding gap for SMEs worldwide seeking credit to grow their business, suggests a white paper released by the World Economic Forum’s Global Agenda Council on the Future… Read More

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