Microfinance


Mambu plans to onboard 50 new clients by year-end

Fintech vendor Mambu says it has added 25 new clients to its portfolio this year and is set to double this figure by the end of 2016. It will also more than double the size of its team by the year-end. “All [of Mambu’s new customers] are focused on servicing consumers and businesses poorly reached by […]

VisionFund International opts for BankBI’s business intelligence solution

VisionFund International (VFI), the microfinance arm of World Vision, has selected BankBI’s cloud-based business intelligence and analytics solution. The Microsoft Azure-deployed solution will be used in 32 countries. VFI plans to centralise its data management and reporting efforts across its operational, social performance and financial data, as it wants to “capitalise” on opportunities in rural […]

Cambodia’s Prasac launches remote banking with Compass Plus

Prasac, the largest microfinance institution (MFI) in Cambodia, has launched internet and mobile banking services using the TranzWare multi-card processing solution from Compass Plus. Its customers can now transfer money between their accounts, pay bills, top-up their mobile phones, manage their cards, check their balances and get a mini-statement by logging on to their internet […]

Interview: Rupert Scofield, founder of Finca International

Rupert Scofield, president and CEO of microfinance organisation Finca International, discusses how it brings banking to the developing world and why people should follow America’s lead in the art of philanthropy. “This is your world. My generation had its shot. We thought our problems were daunting but it’s nothing like the stuff you’re dealing with. […]

Finca Bank Georgia in digital banking system revamp

Finca Bank Georgia, an affiliate of Finca International, a global microfinance organisation, is looking to modernise its online and mobile banking systems. The bank has recently issued a tender to find a new provider and software. Banking Technology understands that the selection is in its final stages at present, with contract negotiations underway. Once the […]