News

Member News: Mastercard Partners with Unilever on SME Lending in Kenya

MSMEs need loans and grants to thrive in emerging economies. Mastercard's and Unilever's CEOs have a solution. SME Finance Forum member Mastercard is working with Unilever on new lending models for micro merchants in Kenya.

News

News

CEB Joins 140 Other Financial Institutions to Promote SME Finance
Washington, D.C., July 11, 2018 – The Council of Europe Development Bank (CEB) became the newest member of the SME Finance Forum, a global membership network that brings together financial institutions, technology companies, and development finance institutions to share knowledge, spur innovation, and promote the growth of SMEs. “200 million...
Fintechs Wanted: Invitation to the Fintech Marketplace at the MFC-EMN Annual Conference
Fintech companies and tech providers working in the field of innovative solutions for financial institutions are invited to participate in the Fintech Marketplace during the MFC-EMN Annual Conference . The Fintech Marketplace will provide an opportunity to present its business and services and facilitate networking with financial institutions,...
Member News: Ant Financial Invests $185M In Parkistan’s Telenor Microfinance Bank
Telenor Group has reached a strategic partnership agreement with Ant Financial Services Group (“Ant Financial”) in Pakistan, where Ant Financial will invest USD 184.5m for a 45% stake in Telenor Microfinance Bank (“TMB”), a subsidiary of Telenor Group, to further develop TMB’s mobile payment and digital financial services. The strategic...
Orabank SME
OraGroup, the holding company of the African banking group Orabank, has received EUR 40 million following the financing agreement signed with the Islamic Corporation for the Development of the Private Sector (ICD) - a SME Finance Forum member - in December 2017. These funds will enable Oragroup, through its subsidiary and branches in Côte d'Ivoire...
Member News: BPI Looking to Raise P50B from Rights Offer
SME Finance Forum member Bank of the Philippine Islands (BPI) said it looks to raise P50 billion through a stock rights offering to finance expansion. According to the Manila Times, BPI said in a disclosure that the proceeds from the stock rights offer would finance a plan to accelerate lending activities across the consumer, small and medium...
Raisin Closes Another Round of Financing
Raisin, Europe’s top financial marketplace that enables savers to access the best deposit rates across Europe, has closed another round of financing. Raisin’s most recent fundraise closed in mid- December is a strategic investment from digital payments platform PayPal (NASDAQ: PYPL), and the investment is intended to accelerate the growth of...
TEB Invests in Capacity Building for Turkish Women Entrepreneurs
Türk Ekonomi Bankası (TEB) Women Banking recently expanded its strong non-financial services offering to include two capacity building programs for Turkish women SME owners: TEB Star Cluster and TEB Grow-up Academy. With TEB Star Cluster, its Women Banking program is partnering with a coaching firm to train branch managers on business coaching...
Opportunity Network And SME Finance Forum Announce Partnership
The partnership will accelerate the growth of small and medium businesses worldwide. IFC's SME Finance Forum and Opportunity Network (ON) have agreed to collaborate to help small businesses form B2B partnerships, grow their business and expand to new markets. The SME Finance Forum will invite its member banks catering to small businesses to join...
Facebook's #SheMeansBusiness Launched in Vietnam
Facebook has launched #SheMeansBusiness in Vietnam. The initiative will run in partnership with the Vietnam Women Entrepreneur’s Council (VWEC) and the Vietnam Chamber of Commerce and Industry (VCCI), which supports women entrepreneurs through investment and technology development, training and capacity building. Through a series of workshops,...
Unkapt - Capital Mobilisation Challenge 2017
The Capital Mobilisation Challenge (Challenge) is a competition targeting small to medium size enterprises (SMEs) with a strong sustainable development focus and located in Cambodia, Indonesia, Philippines, Myanmar or Vietnam. The Challenge, which opens in September 2017, is being organised by SME Finance Forum member Unkapt in partnership with...