financial inclusion
Coverage of financial inclusion in the Nexus archive.
- CIBN, ACAMB push for financial inclusion, women empowerment and sustainable growth for banking industry
CIBN and ACAMB are collaborating to promote financial inclusion, women empowerment, and sustainable growth in the banking industry. Their efforts aim to close the financial gap and support small and medium enterprise (MSME) owners.
- Brazil’s Pix Goes Global as US$660B Monthly Giant
Brazil's Pix payment system has 200 million monthly active users, processes 8.6 billion transactions totaling US$660 billion monthly, and has brought 70 million Brazilians into the formal financial system.
- Scaling health solutions for systems impact: 10 lessons from financial inclusion, By Olu Akanmu
Nigeria's formal financial inclusion increased from 36% in 2010 to 64% in 2023, with digital payments access rising from 22% to 52%, according to EFINA data. The article, authored by Olu Akanmu, discusses lessons from financial inclusion for scaling health solutions.
- Investors at UBA Business Series identify Africa’s Next Billion-Dollar opportunities
Investors and business leaders at the UBA Business Series highlighted financial inclusion and other sectors as Africa's next billion-dollar opportunities. The event brought together entrepreneurs, innovators, and stakeholders to discuss growth potential in these areas.
- Nubank — the company behind Nu banking services — will invest US $4.2B in Mexico
Nubank will invest US $4.2 billion in Mexico over four years to expand operations, strengthen technological infrastructure, and develop digital financial solutions. The investment aims to boost economic growth, financial inclusion, and digitization, with Nubank already serving 15 million Mexican customers and planning to create jobs in tech and finance sectors.
- Zenith Bank expands Delta footprint with new branch in Osubi
Zenith Bank has opened a new branch in Osubi, Delta, to expand its presence and promote financial inclusion by providing accessible financial services to local communities and businesses.
- Former BIS chief softens stance on stablecoins, backs coexistence with fiat
Agustín Carstens stated that stablecoins can enhance financial inclusion and innovation, while emphasizing the necessity of global regulatory frameworks to allow coexistence with fiat money.
- President congratulates PM Modi on becoming longest-serving elected Prime Minister
The President congratulated PM Modi on becoming the longest-serving elected Prime Minister. The President highlighted major sector changes over the past 12 years and the significant participation of women in financial inclusion initiatives.
- African finance goes global
African fintech companies are expanding globally to simplify cross-border payment solutions, aiming to enhance financial inclusion and efficiency across international transactions.