Finance

Finca International launches a collaborating platform for African Fintechs and microfinance institutions

Tuesday, 09 October 2018 17:34
Finca International launches a collaborating platform for African Fintechs and microfinance institutions

(Ecofin Agency) - Finca international in partnership with the USAID’s initiative Partnering to Accelerate Entrepreneurship (PACE) announced the launch of a platform named Finca Forward.

The platform is aimed at facilitating collaboration between African fintech companies launching their activities and microfinance institutions that support people on low-revenues around the world.

Finca Forward will allow the microfinance institutions to develop products and services for fintech offering innovative solutions that are attrative to investors.

“By catalyzing support and investment for early-stage fintech enterprises, we aim to help small and growing businesses overcome the pioneer gap and to enable microfinance institutions to bring much-needed financial services to at-risk populations of women, youth and the rural poor”, Rupert Scofield, president of FINCA International, indicated.

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