INTRODUCING THE IF50 INVESTORS CIRCLE

18 Jun 2020

New for 2020, the IF50 Investors Circle is a global network of investors that provides members with visibility onto promising early-stage inclusive fintechs. All eligible applicants to Inclusive Fintech 50 have the option to share basic information including contact details with the IF50 Investors Circle. Find out more on the Inclusive Fintech 50’s website.       

HOW SHOULD INVESTORS COORDINATE WHEN TIME IS OF THE ESSENCE?

Deborah Drake
16 Jun 2020

As we navigate the choppy waters of the COVID-19 crisis, various groups within the investor community, including microfinance investment vehicles (MIVs), development finance institutions (DFIs), banks and other private funders, have pledged to coordinate and collaborate their responses in support of microfinance institutions (MFIs) who have been deeply impacted by the crisis. But what does that mean in practice?We have seen multiple efforts happening simultaneously over the past month. For […]

INCLUSIVE FINTECH 50

12 Jun 2020

Inclusive Fintech 50 elevates promising early-stage fintechs driving financial inclusion and resilience around the globe. Application opens June 15th! THE SELECTION CRITERIA • THE JUDGING PANEL • THE PRIZES What is it? The Inclusive Fintech 50 initiative leverages a competitive process led by an independent judging panel of experts to identify 50 early-stage fintechs driving financial inclusion and resilience. looking for early-stage fintechs in advanced or emerging markets that offer […]

DFC ANNOUNCES CALL FOR PROPOSALS UNDER NEW GLOBAL HEALTH AND PROSPERITY INITIATIVE

12 Jun 2020

Agency will invest up to $2 billion to support private sector investment in global health resilience WASHINGTON – U.S. International Development Finance Corporation (DFC) today announced a new Health and Prosperity Initiative, which includes a call for proposals from private sector entities seeking DFC support for health-related investments in developing countries. Through the initiative, DFC aims to mobilize private sector investment in support of global health resilience. “The unprecedented health crisis we […]

DEVELOPMENT FINANCE INSTITUTIONS SCALE UP COOPERATION IN RESPONSE TO COVID-19

Philippe Le Houérou, CEO, IFC
09 Jun 2020

Today, we are facing a health and economic crisis unprecedented in its size and complexity – affecting both supply and demand, developed and developing countries – and disrupting markets, trade, investment-led growth and job creation. The IMF anticipates a global economic contraction of 3% while the World Bank foresees a 35% decrease in FDI flows to developing countries due to the impact of COVID-19. Our group of more than 25 […]

IFC, PROPARCO JOIN EFFORTS TO MAXIMIZE DEVELOPMENT IMPACT AND ACCELERATE COVID-19 RECOVERY

Nadya Nikiforova and Romain Esperon
09 Jun 2020

IFC, a member of the World Bank Group, and Proparco, a subsidiary of Agence Française de Développement (AFD) devoted to private sector financing, have agreed to collaborate more closely to create markets, mobilize private sector investment, and support economic recovery in developing countries in the wake of the COVID-19 global crisis. Seeking to address the need for increased collective action among development finance institutions, the Joint Collaboration Framework Agreement (JCFA) […]

GOING DIGITAL FOR LOAN DISBURSEMENTS AND REPAYMENTS: A SMART MOVE IN THE TIME OF COVID-19

Marina Dimova and Diana Boncheva Gooley
02 Jun 2020

The Covid-19 global pandemic has heightened the strategic importance of integrating digital channels into how financial services providers engage with customers. How can financial services providers respond to the challenge and find opportunities to remain relevant to low-income women, as they navigate the economic consequences of Covid-19? Digital financial services are the new normal, and for good reason. Financial services providers, governments, and civil society see the benefits of digital […]

PRESS RELEASE: AN INTERNATIONAL COALITION TO PROTECT MICROFINANCE INSTITUTIONS AND THEIR CLIENTS IN THE COVID-19 CRISIS

13 May 2020

May 2020–At the initiative of Grameen Crédit Agricole Foundation, a group of microfinance lenders and key players in inclusive finance worked on a set of principles to better support the microfinance sector in the health and economic crisis caused by the Covid-19.Grameen Crédit Agricole Foundation, ADA, Alterfin, Cerise, CIDR Pamiga, Cordaid Investment Management, Crédit Agricole CIB India, CA Indosuez Wealth (Asset Management), Crédit Agricole S.A., European Microfinance Network, FS Impact […]

IN A NO-TOUCH WORLD, TECH CAN’T LEAVE LOW-INCOME PEOPLE BEHIND

Amee Parbhoo
11 May 2020

  Inclusive fintech has always had to find a balance between tech and human touch, but the global pandemic is shifting that balance Tech alone hasn’t been a silver bullet for bringing useful financial tools to low-income people and businesses around the world. That’s why Accion Venture Lab released our 2018 report on the “Tech Touch Balance,” which lays out the continued need for a human touch in delivering financial services to […]

GOODWELL INVESTMENTS AND ASSESSING COVID-19 IMPACT

08 May 2020

Around the world we are confronted with a universal pandemic that does not discriminate. An unusual picture of global equality is emerging, engendered by the coronavirus’ brutal treatment of all humans no matter who they are. However, while countries across the globe implement similar measures to fight the virus, we must acknowledge the inequality between nations’ resources and abilities to overcome the impact of a pandemic. Social distancing is a […]