financial inclusion

FDIC to Unveil Bank Fund to Invest in Underserved Communities
FDIC to Unveil Bank Fund to Invest in Underserved Communities
September 15, 2021  |  Investments

The Federal Deposit Insurance Corp. plans to unveil a new investment fund to give stakeholders a way to channel capital for banks and support minorities,...

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Grow Credit Raises $106M, Targets Financial Inclusion Via Subscription Model
Grow Credit Raises $106M, Targets Financial Inclusion Via Subscription Model
September 15, 2021  |  Investments

Grow Credit, which is a Black-owned financial platform for credit building, has raised $106.3 million in a seed funding round, according to a press release....

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Facebook Expands Invoice Fast Track Program To Allow SMBs To Get Paid Right Away
Facebook Expands Invoice Fast Track Program To Allow SMBs To Get Paid Right Away
September 14, 2021  |  SMBs

Facebook said this week it’s ramping up its support for small and medium-sized businesses (SMBs) owned by women and minorities with an expanded program that offers...

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Fractional Stock Purchases Will Be ‘Holy Grail of Financial Literacy’ DriveWealth CEO Says
Fractional Stock Purchases Will Be ‘Holy Grail of Financial Literacy’ DriveWealth CEO Says
September 14, 2021  |  Investments

The ability to dabble in the stock markets was traditionally seen as the preserve of what we might call “grownups,” or professional investors with fat...

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Consumer Lender Koyo Raises $50M to Help ‘Near-Prime’ UK Borrowers
Consumer Lender Koyo Raises $50M to Help ‘Near-Prime’ UK Borrowers
September 10, 2021  |  Investments

Open banking-powered lender Koyo has raised $50m (£36.1m) in a Series A funding round to support its growth plans, Peer2Peer Finance News reported on Thursday...

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NayaPay FinTech Gets License to Operate in Pakistan
NayaPay FinTech Gets License to Operate in Pakistan
September 02, 2021  |  Mobile Wallets

NayaPay has become the first electronic money institution (EMI) in Pakistan, after the company was granted commercial approval to operate by the country’s central bank,...

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Paytm, FinTechs Play Leading Role In Furthering India’s Financial Inclusion Agenda
Paytm, FinTechs Play Leading Role In Furthering India’s Financial Inclusion Agenda
August 25, 2021  |  Digital-First Banking

A new Financial Inclusion Index (FI-Index) created by India’s central bank shows that progress has been made toward bringing banking services to the country’s 1...

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i2c, KEO And PAYBACK Team To Offer Mexican Consumers Prepaid Amex Cards
i2c, KEO And PAYBACK Team To Offer Mexican Consumers Prepaid Amex Cards
August 11, 2021  |  Financial Inclusion

I2c, which provides digital and banking technology, is partnering with lending company KEO and Mexican customer loyalty program PAYBACK, with the goal of providing financing...

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JPMorgan’s Global Head Of Diversity, Equity And Inclusion Shares Vision, Inspiration For Bank’s Path Forward Program
JPMorgan’s Global Head Of Diversity, Equity And Inclusion Shares Vision, Inspiration For Bank’s Path Forward...
August 05, 2021  |  Financial Inclusion

“Who inspires you?” is a question often asked of key executives – particularly those whose remit is to reshape corporate norms and recommit corporate resources...

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