MSME-Champions

Women's World Banking Announces Fintech Innovation Challenge Winners

Retrieved on: 
Tuesday, October 12, 2021

NEW YORK, Oct. 12, 2021 /PRNewswire/ --Women's World Banking announced today Boost Capital and People's Pension Trust as the winners of its Third Annual Fintech Innovation Challenge, part of the organization's Making Finance Work for Women Thought Leadership Series.

Key Points: 
  • NEW YORK, Oct. 12, 2021 /PRNewswire/ --Women's World Banking announced today Boost Capital and People's Pension Trust as the winners of its Third Annual Fintech Innovation Challenge, part of the organization's Making Finance Work for Women Thought Leadership Series.
  • Both companies clearly demonstrate the game-changing potential of fintechs to advance women's economic empowerment on a broader scale," said Mary Ellen Iskenderian, President and CEO of Women's World Banking.
  • "The Fintech Innovation Challenge has established itself globally as a key platform for attracting equity-minded innovators and encouraging bold solutions to financial exclusion for women.
  • The winners of the Female Founder Award will receive a 1:1 marketing and PR strategy consult with Anthemis , a leading fintech investment platform.

Women's World Banking Announces Fintech Innovation Challenge Winners

Retrieved on: 
Tuesday, October 12, 2021

NEW YORK, Oct. 12, 2021 /PRNewswire/ -- Women's World Banking announced today Boost Capital and People's Pension Trust as the winners of its Third Annual Fintech Innovation Challenge, part of the organization's Making Finance Work for Women Thought Leadership Series. Each year, the Challenge provides a global stage for fintechs to present innovative solutions and business models that help build economic security and prosperity for unbanked, underserved women. This year's competition culminated in a live virtual event to honor both recipients and get a deeper look into their fintech solutions, as well as hear from guest speakers to discuss the role of financial technology in the future of women's economic empowerment.

Key Points: 
  • NEW YORK, Oct. 12, 2021 /PRNewswire/ --Women's World Banking announced today Boost Capital and People's Pension Trust as the winners of its Third Annual Fintech Innovation Challenge, part of the organization's Making Finance Work for Women Thought Leadership Series.
  • Both companies clearly demonstrate the game-changing potential of fintechs to advance women's economic empowerment on a broader scale," said Mary Ellen Iskenderian, President and CEO of Women's World Banking.
  • "The Fintech Innovation Challenge has established itself globally as a key platform for attracting equity-minded innovators and encouraging bold solutions to financial exclusion for women.
  • The winners of the Female Founder Award will receive a 1:1 marketing and PR strategy consult with Anthemis , a leading fintech investment platform.

Lendable to Launch $100 million Emerging Market Fintech Fund with Leading Impact and DFI Investors

Retrieved on: 
Tuesday, October 12, 2021

LONDON, NAIROBI, Kenya and SINGAPORE, Oct. 12, 2021 /PRNewswire/ --Lendable Inc. ("Lendable" or the "Firm"), a leading emerging market fintech credit provider, is targeting a ground-breaking $100 million closed-ended fund focused on emerging and frontier market fintech investments.

Key Points: 
  • LONDON, NAIROBI, Kenya and SINGAPORE, Oct. 12, 2021 /PRNewswire/ --Lendable Inc. ("Lendable" or the "Firm"), a leading emerging market fintech credit provider, is targeting a ground-breaking $100 million closed-ended fund focused on emerging and frontier market fintech investments.
  • Backed by leading impact and development financial institution (DFI) investors, the Fund today has soft closed a $49 million investment from DFC , EMIIF (DFAT), Calvert Impact Capital , Ceniarth , BIO , FMO and FSD Africa (FSDAi).
  • The Lendable MSME Fintech Credit Fund is Lendable's fourth fund and with the soft close takes the Firm's overall committed capital to over $200 million.
  • Marnix Monsfort, Director Financial Institutions, FMO, added, "Emerging market fintech investment has a direct and highly important impact on regional development.

Lendable to Launch $100 million Emerging Market Fintech Fund with Leading Impact and DFI Investors

Retrieved on: 
Tuesday, October 12, 2021

LONDON, NAIROBI, Kenya and SINGAPORE, Oct. 12, 2021 /PRNewswire/ --Lendable Inc. ("Lendable" or the "Firm"), a leading emerging market fintech credit provider, is targeting a ground-breaking $100 million closed-ended fund focused on emerging and frontier market fintech investments.

Key Points: 
  • LONDON, NAIROBI, Kenya and SINGAPORE, Oct. 12, 2021 /PRNewswire/ --Lendable Inc. ("Lendable" or the "Firm"), a leading emerging market fintech credit provider, is targeting a ground-breaking $100 million closed-ended fund focused on emerging and frontier market fintech investments.
  • Backed by leading impact and development financial institution (DFI) investors, the Fund today has soft closed a $49 million investment from DFC , EMIIF (DFAT), Calvert Impact Capital , Ceniarth , BIO , FMO and FSD Africa (FSDAi).
  • The Lendable MSME Fintech Credit Fund is Lendable's fourth fund and with the soft close takes the Firm's overall committed capital to over $200 million.
  • Marnix Monsfort, Director Financial Institutions, FMO, added, "Emerging market fintech investment has a direct and highly important impact on regional development.

Outlook on the Consumer Credit Global Market to 2026 - by Credit Type, Service Type, Issuer, Payment Method and Region - ResearchAndMarkets.com

Retrieved on: 
Friday, October 8, 2021

Moreover, the increasing use of social media platforms by consumer credit agencies for better market connectivity and penetration is contributing to the market growth.

Key Points: 
  • Moreover, the increasing use of social media platforms by consumer credit agencies for better market connectivity and penetration is contributing to the market growth.
  • How has the global consumer credit market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global consumer credit market?
  • What is the structure of the global consumer credit market and who are the key players?

ZW Data Action Technologies Inc. Launches its Blockchain Infrastructure Platform for Business Applications on NFT and DeFi

Retrieved on: 
Thursday, October 7, 2021

BEIJING, Oct. 07, 2021 (GLOBE NEWSWIRE) -- ZW Data Action Technologies, Inc. (Nasdaq: CNET) ("ZW Data" or the "Company"), an integrated online advertising, precision marketing, data analytics, and other value-added services company, today announced the launch of its Blockchain Integrated Framework (BIF) platform for business applications of Non-Fungible Token (NFT) and Decentralized Finance (DeFi).

Key Points: 
  • BEIJING, Oct. 07, 2021 (GLOBE NEWSWIRE) -- ZW Data Action Technologies, Inc. (Nasdaq: CNET) ("ZW Data" or the "Company"), an integrated online advertising, precision marketing, data analytics, and other value-added services company, today announced the launch of its Blockchain Integrated Framework (BIF) platform for business applications of Non-Fungible Token (NFT) and Decentralized Finance (DeFi).
  • The blockchain technical advantages owned by BIF Platform ensure that business data will not be tampered during the storage process.
  • Meanwhile, MSMEs can record and supervise data for their business processes and gain more business value based on the trusted data.
  • Leveraging its fully integrated services platform, proprietary database, and cutting-edge algorithms, ZW Data Action Technologies delivers customized, result-driven business solutions for small and medium-sized enterprise clients in China.

ICSB Recognizes First Women's Bank, the first only women-founded, women-owned and women-led commercial bank in the nation with a strategic focus on serving women economy

Retrieved on: 
Monday, September 27, 2021

The Bank will, initially, serve the national lending and deposit market from a single flagship location in Chicago.

Key Points: 
  • The Bank will, initially, serve the national lending and deposit market from a single flagship location in Chicago.
  • Joining the First Women's Bank founders as a strategic investor was tennis legend, Billie Jean King.
  • In attendance were Chicago Mayor Lori Lightfoot, actress Sophia Bush, and entrepreneur Nia Batts, who both serve as strategic advisors.
  • "I am excited to be an investor and founding board member of First Women's Bank," Dr. Winslow Sargeant stated.

The 2nd APEC Cross-Border E-Commerce Training Workshop Concluded Successfully

Retrieved on: 
Sunday, September 26, 2021

The 2nd APEC Cross-Border E-Commerce Training Workshop (APEC CBET II), hosted by Ministry of Commerce, People's Republic of China, supported by DHgate, Hong Kong, China, Indonesia, Peru, and Russia co-sponsoring, was successfully concluded in Beijing.

Key Points: 
  • The 2nd APEC Cross-Border E-Commerce Training Workshop (APEC CBET II), hosted by Ministry of Commerce, People's Republic of China, supported by DHgate, Hong Kong, China, Indonesia, Peru, and Russia co-sponsoring, was successfully concluded in Beijing.
  • View the full release here: https://www.businesswire.com/news/home/20210926005036/en/
    The 2nd APEC Cross-Border E-Commerce Training Workshop was successfully concluded in Beijing.
  • Mr. Billy Deng, Vice President of DHgate, said at the APEC CBET II, "The pandemic-driven e-commerce boom has accelerated the growth of social e-commerce.
  • The project was launched by Ms. Diane Wang who is the Founder, Chairperson and CEO of DHgate at the APEC ministerial meeting in Bali.

Dominica's Climate Agency to Develop Comprehensive Database to Strengthen Small Businesses

Retrieved on: 
Friday, September 24, 2021

LONDON, Sept. 24, 2021 /PRNewswire/ -- In a feat to diligently bolster the region's economy, the Climate Resilience Execution Agency for Dominica (CREAD) is working to create a landmark database to help more than 8,000 small businesses.

Key Points: 
  • LONDON, Sept. 24, 2021 /PRNewswire/ -- In a feat to diligently bolster the region's economy, the Climate Resilience Execution Agency for Dominica (CREAD) is working to create a landmark database to help more than 8,000 small businesses.
  • Established shortly after Hurricane Maria, CREAD intends to streamline the government's commitment to incorporating resilience in various sectors like micro, small and medium enterprises (MSME) in Dominica.
  • Roosevelt Skerrit said, "We are well aware of the potential contribution for growth of these small businesses, and their contribution to household income and the economy.
  • Therefore, we continue to create the enabling environment to facilitate the expansion of the small business subsector," in his 2021-2022 budget address.

Global $7.99 Bn Three-Wheeler Markets, Competition Forecast & Opportunities, 2027 - ResearchAndMarkets.com

Retrieved on: 
Thursday, September 23, 2021

The "Global Three-Wheeler Market, By Vehicle Type (Passenger Carrier Vs. Load Carrier), By Fuel Type (Petrol/CNG, Diesel & Electric), By Region (Asia-Pacific, Africa, South America, Rest of the World), Competition Forecast & Opportunities, 2027" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Three-Wheeler Market, By Vehicle Type (Passenger Carrier Vs. Load Carrier), By Fuel Type (Petrol/CNG, Diesel & Electric), By Region (Asia-Pacific, Africa, South America, Rest of the World), Competition Forecast & Opportunities, 2027" report has been added to ResearchAndMarkets.com's offering.
  • A three-wheeler is a common form of transport, both as a vehicle for hire and for private use.
  • A traditional three-wheeler is powered by an internal combustion engine, runs on fossil fuels, or on alternative fuels.
  • The lockdown resulted in the temporary closing down of all factories, including three-wheeler manufacturing facilities, resulting in production loss of three-wheelers.