Fusion Risk will help FINCA Impact Finance ensure regulatory compliance and data management as it continues to implement digital innovations to improve efficiency and better serve its customers.
News & Insights
FINCA Uganda Partners with SafeBoda to Provide Mobile Fintech Product
FINCA Uganda establishes a new fintech innovation partnership with SafeBoda to expand financial inclusion in Uganda. Motorcycle taxi riders will be offered access to mobile savings and credit products.
FINCA Impact Finance, MEF and BlueOrchard Announce USD 20 Million Loan Facility
FINCA Impact Finance has entered into a USD 20 million loan facility with the BlueOrchard Microfinance Fund (BOMF) and Microfinance Enhancement Facility S.A., SICAV-SIF (MEF). The facility will help FIF better manage liquidity throughout its global network of 20 microfinance banks and institutions.
FINCA Impact Finance’s “Rebuilding Kosovo” Video Wins Silver Telly Award
FINCA Impact Finance opened its doors in Kosovo in 2000 to advance the mission of expanding financial inclusion to help individuals, families and communities recover from the war. This year FINCA Impact Finance won the Silver Telly Award for Rebuilding Kosovo: One Loan at a Time, a video highlighting the role of financial inclusion in the country’s recovery.
FINCA Impact Finance and KfW Announce USD 8.5 Million Subordinated Loan Facility for Democratic Republic of Congo
FINCA DRC announced a USD 8.5 million long-term subordinated loan facility with KfW, the German state-owned development bank. The facility will enable FINCA to advance its digital transformation and broaden its offering of innovative financial products and services.
Business Loans for Women Headline Gender-Sensitive Finance Strategy
FINCA provides business loans for women entrepreneurs along with other gender-sensitive finance services to help close the gender gap in financial access. In 2018, the company opened a women-only bank branch in Afghanistan and launched a new loan for women entrepreneurs in Kosovo.
FINCA Helps Launch Global Guidelines for Responsible Digital Finance
Improved risk management is necessary to achieve responsible financial inclusion. That’s why FINCA Impact Finance joined an alliance of over 50 fintech investors and digital finance innovators in launching the Guidelines for Investing in Responsible Digital Financial Services.
FINCA Provided Responsible Finance to 27% More People in 2017
2017 was a turnaround year for FINCA Impact Finance. The company returned to profitability while launching new initiatives in client protection, Fintech, mobile banking and data analytics, among others.
For Responsible Financial Inclusion, We Need to Encourage Saving
When used intentionally, Fintech innovation can help encourage saving. In Tanzania, FINCA launched HaloYako, a mobile banking product that allows clients to open a savings account in minutes–and manage their savings entirely virtually.
FINCA Opens Bank Branch for Women Entrepreneurs in Afghanistan
FINCA Impact Finance officially launched its first women-only bank branch in Afghanistan on April 7. The branch is staffed by an all-female team of financial professionals. Located in Kabul, it will exclusively serve female clientele.
Fintech Innovation Helping Expand Financial Inclusion in Pakistan
FINCA Impact Finance is using Fintech innovation to expand financial inclusion in Pakistan, a country where only 21% of adults have a formal bank account. In 2017, FINCA Pakistan launched SimSim, a free mobile e-wallet that already has more than 170,000 users.
Media Coverage
Woman Rocking Wallstreet
Work and Meaning – Women Rocking Wallstreet with Andree Simon
July 15, 2019