Nelito gains Myanmar microfinance win
Alliance for Microfinance in Myanmar has taken Nelito’s FinCraft core system plus the mobile and lending tech.
Alliance for Microfinance in Myanmar has taken Nelito’s FinCraft core system plus the mobile and lending tech.
Companies will be able to digitally self-serve their clients’ accounts.
Round led by Japanese firm Showcase Capital.
Finca Impact Finance Tajikistan looks to replace Oracle FSS’s Flexcube with new tech.
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Oradian is a Software-as-a-Service (SaaS) banking technology provider based in Croatia.
Riby has developed a cloud-based core banking system for African co-ops and credit unions.
Bringing the Nordic model to Europe.
Founded by André Mohamed and Adam Dodds.
It claims to be the first Islamic fintech start-up to reach a valuation of $100 million.
The first fully digital non-bank microfinance company in Pakistan.
VisionFund Myanmar will be the first site in the Musoni’s tech roll-out across VFI.
MFIs must “go digital” to thrive, but what steps they have to take to achieve this?
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Philippines’ largest telco moves into micro-lending space.
A sublime eternal tune to the rhythms of fintech.
Multiply is ready to take off spurred by £1.75m investment.
Canada’s TD bank opens its Ready Challenge to “world-changing” solutions.
Partnership aims to reduce rural poverty in China and other developing countries.
Pakistan bank has signed for the Adams system.
You sought symmetry. And fintech came to you.
The Confédération des Institutions Financières d’Afrique de l’Ouest (CIF) in tech revamp with SAB.
Ant Financial now owns a 45% stake in Pakistan’s Telenor Microfinance Bank (TNB).
Creating inclusive banking for remote communities.
Cross-border mobile payments network TransferTo and banking software provider Fern Software have both been awarded a grant as a part of the United Nations Capital Development’s Shaping Inclusive Finance Transformation (Shift) Challenge Fund, reports Julie Muhn at Finovate (Banking Technology’s sister company). The goal of the fund is to use remittances to improve the economic power of women […]
Utkarsh Small Finance Bank, a microfinance institution in India, has rolled out Intellect Design Arena’s core banking system. The bank received its licence last year, and according to Intellect, one of the key requirements for Utkarsh was to have a joint liability group solution that would enable it to provide group loans to the microfinance […]
Credo Bank, a Georgia-based bank providing sustainable financial services for micro businesses and SMEs, has moved to the latest version of Temenos’ T24 core banking system.
Kenya is leading the way when it comes to digital innovation for financial inclusion in Africa, according to research by the Consultative Group to Assist the Poor (CGAP). Earlier this year, CGAP says it invited firms and organisations to submit proposals for digital innovations they believe have the most potential to advance financial inclusion in […]
Atlas Finance, a microfinance lender in South Africa, has signed for Nucleus Lending Analytics from India-based lendtech vendor Nucleus Software.
Inlaks, a banking software provider in Nigeria and West Africa, has built a core banking solution together with the Central Bank of Nigeria (CBN) for the country’s microfinance sector.
A new microfinance entity in Myanmar, Ruby Hill Microfinance, has signed for the Abacus core banking system, provided by Fern Software.
Microfinance entity Microcred has chosen BankBI’s business intelligence software applications as part of its move into retail banking. As reported last year, Microcred said it plans to become a fully-fledged retail bank and grow its presence from nine to 17 countries by 2020. It has opted to keep its long-standing technology provider, Temenos, and upgrade […]
Innotribe, Swift’s innovation arm, has named the ten firms who will compete in its Start-up Challenge Africa. The start-ups will pitch their products in Abidjan, Ivory Coast, on 17 May 2017 during Swift’s African Regional Conference. Innotribe evaluated close to 100 applications received for the third edition of the Startup Challenge in Africa. The applications […]
Peruvian mobile wallet BIM, described as “the world’s first fully-interoperable national mobile money platform”, will launch new services in H2 2017. It will enable customers to pay electricity, water and telephone bills, as well as have access to micro savings and loans, and micro-insurance.
The Monetary Authority of Singapore (MAS) and the United Nations Capital Development Fund (UNCDF) have teamed up to improve access to digital financial services in the ASEAN region. The partnership is under the ongoing UNCDF’s Shift (Shaping Inclusive Finance Transformations) programme for development in this part of the world. Sopnendu Mohanty, chief fintech officer, MAS, […]
Pakistan-based Khushhali Microfinance Bank is to overhaul its technology with Temenos. The project will be delivered by National Data Consultants (NDC), Temenos’ partner and integrator in the region.
Pakistan-based Mobilink Microfinance Bank (MMBL, formerly Waseela Microfinance Bank) is implementing a new loan origination system, supplied by Path Solutions.
Kenya-based banking tech provider and integrator NLS Banking Solutions has won the bid to supply an integration platform to Madison Finance Company (Mfinance) in Zambia.
Bank of Baroda, a public sector bank in India, has launched a fellowship programme to support fintech, rural, agricultural and financial inclusion start-ups.