Microfinance Industry Newswire

Egypt, Tunisia discuss cooperation in Non-Banking Microfinance Regulation

Egypt’s Financial Regulatory Authority (FRA) is keen on strengthening cooperation with Arab and African countries prioritizing the exchange of expertise and knowledge-sharing, FRA Chairman Islam Azzam said. FRA chairman made the remarks during a meeting …

Bard Santner secures microfinance bank licence

Harare-based financial services group Bard Santner Inc has secured a deposit-taking microfinance bank licence from the Reserve Bank of Zimbabwe (RBZ), paving the way for the establishment of a diaspora-focused banking platform targeting Zimbabweans and …

Bard Santner secures microfinance bank licence, targets diaspora market

HARARE - Bard Santner has secured a deposit-taking microfinance bank licence from the Reserve Bank of Zimbabwe (RBZ). The Harare-based financial services group now has a regulated foothold in a market it says no-one in Zimbabwe, or the wider region, has …

Bard Santner Secures a Deposit-Taking Microfinance Banking Licence

79 BARD Santner Inc, a Harare-based financial services group, has secured a deposit-taking microfinance bank licence as it moves to establish a diaspora banking and investment platform designed to serve Zimbabweans and other Africans living and working …

DavoDani Microfinance Bank Strengthens Client Base With Free Cancer Screening To Mark Customer Service Week

DavoDani Microfinance Bank Limited has restated its commitment to its dual mission of economic empowerment and social wellbeing with a free cancer screening for its customers to mark the 2026 Customer Service Week. The health outreach, which was held on …

N$4.4m recovered for consumers as complaints rise

The Namibia Financial Institutions Supervisory Authority helped 81 consumers recover N$4.4 million from financial institutions in 2025, as complaints about insurance claims, funeral benefit payments and micro-loan interest continued to trouble the sector …

Akola Farmer Alleges Microfinance Recovery Pressure, Wife’s Photos Clicked

Impact Entrepreneurship During the Polycrisis: An Interview with Laurie Lane-Zucker

The impact sector has proven that business can do good. But how can it make those impacts last: designing ownership, governance and capital to sustain the mission even when founders leave, companies are sold or markets shift? And how can it address the …

Microfinance agent chases robbers after Rs 1 lakh loot, two held

Bank of Ghana deepens public trust with regional stakeholder forum in Techiman

As part of its strategic commitment to inclusive central banking and nationwide financial literacy, the Bank of Ghana (BoG) has held a high-level Regional Stakeholder Engagement Forum in Techiman. The meeting which was on the theme: Strengthening …

Online money lending tricks leave citizens restless

SPECIAL REPORT  KAMPALA - Once a payment is delayed, the pressure becomes worse. The collection agents have since adopted debt-shaming antics through rogue WhatsApp groups. From borrowing just sh50,000, you later bear the ignominy of assuring family …

Ascendus Expands Get Ready Program With $1 Million Grant From MetLife Foundation

NY, UNITED STATES, October 15, 2026 /⁨EINPresswire.com⁩/ -- Five-year expansion will reach 480 entrepreneurs and increase the program’s graduation line from $5,000 to $25,000. Ascendus is expanding Get Ready, its credit-building program for …

Egyptian fintech tycoon Mounir Nakhla's IPO draws 11 times demand from institutions

Egyptian fintech entrepreneur Mounir Nakhla has drawn heavy demand for the initial public offering of MNT-Halan's Egyptian business, with the institutional portion of the deal covered 11.2 times as investors from more than 10 countries placed orders …

IIFL Finance Q2 profit nearly doubles to Rs 805 crore; AUM rises 38%

IIFL Finance reported a 93% rise in profit after tax to Rs 805 crore for the quarter ended September 30, helped by stronger operating leverage and lower loan losses and provisions. It reported net profit of Rs 417.9 crore in corresponding quarter last year …

85% Maharashtra talukas now drought-hit, cultivators to be given ₹5k aid: CM

The state government on Wednesday added 39 talukas to its list of 265 affected by drought, raising the total number to 304 – this means 84% of the state is now drought-hit. The state will also advance ₹5,000 to each farmer before Diwali to bring them …

Women entrepreneurs seek collaboration, digital skills and better market access at NNEW summit

KEY POINTS Women entrepreneurs have called for stronger collaboration, improved digital skills, better access to markets and policies that support small businesses. SACFruits CEO Afie Braimoh urged women-owned businesses to pool resources and production …

Canada-Kashf partnership promotes women’s economic, social inclusion in Pakistan

ISLAMABAD  -  High Commission of Canada (Is­lamabad) and Kashf Foundation Pakistan’s first specialised mi­crofinance institution marked the conclusion of a successful 10-year partnership to support the economic and social inclusion of women. With funding …

MFI constitute the largest share of lending portfolio in June 2026

Lending from microfinance institutions constituted 43 per cent of the ₹3.3 lakh crore of the loan portfolio balance in June 2026. | Photo Credit: iStockphoto Lending from microfinance institutions constituted 43 per cent of the ₹3.3 lakh crore of the loan …

Navy MFB named ‘Uniformed Personnel Banking Leader of the Year’ at BAFI 2026 awards

Nigerian Navy Microfinance Bank Limited (Navy MFB) has won the Uniformed Personnel Banking Leader of the Year Award at the 14th BusinessDay Banks and Other Financial Institutions (BAFI) Awards 2026, recognising its specialised financial services for …

Expat US Tax Issues Guidance for Americans Abroad After October 15 Deadline

Americans abroad can still file after October 15, but unpaid taxes, late-filing penalties, and foreign reporting obligations may bring additional consequences. AUSTRALIA, October 16, 2026 /⁨EINPresswire.com⁩/ -- The October 15 extended US federal …

Grocapitus CEO Neal Bawa Gives AI One Job on Apartment Deals: Argue Against Buying

Bawa tells investors to stop asking chatbots "should I buy this?" He has AI play a skeptical investment committee instead, and he publishes the prompt he uses. FREMONT, CA, UNITED STATES, October 15, 2026 /⁨EINPresswire.com⁩/ -- Neal …

Automotive Investment Group Expands Funding and Growth Support for Service Businesses

Jason Garrido’s Automotive Investment Group expands into HVAC, pest control, and landscaping with equipment funding, marketing, and business guidance. PHOENIX, AZ, UNITED STATES, October 15, 2026 /⁨EINPresswire.com⁩/ -- Automotive Investment Group, led by …

10 Months After Washington Wholesaling Law Takes Effect, Better Off Home Buyers Reports Positive Results

Portland-based home-buying company reports that the impact of Washington's wholesaling law has been overwhelmingly positive 10 months after implementation. PORTLAND, OR, UNITED STATES, October 15, 2026 /⁨EINPresswire.com⁩/ -- Portland-based …

Knowles-Rowland House Opens with Investment from AIC CEI-Boulos Opportunity Fund

Adaptive reuse development in Midtown Houston features 31 permanent supportive housing units for individuals experiencing chronic homelessness HOUSTON, TX, UNITED STATES, October 15, 2026 /⁨EINPresswire.com⁩/ -- The AIC CEI-Boulos Opportunity Fund …

CHES, Inc. Opens New Kansas City, Kansas Office

CHES brings HUD-certified housing counseling and financial education to families at El Centro’s Kansas City, Kansas location, beginning October 2026. KANSAS CITY, KS, UNITED STATES, October 15, 2026 /⁨EINPresswire.com⁩/ -- Credit & …

Rocket Doctor AI Announces Strong Q3 2026 Patient Visit Growth and Expects Record Quarterly Revenue

Rocket Doctor AI completed 53,348 patient visits across the U.S. and Canada in Q3 2026, including 6,101 U.S. visits and 47,247 Canadian visits. Rocket Doctor AI Inc. (CSE:AIDR) VANCOUVER, BRITISH COLUMBIA, CANADA, October 15, 2026 /⁨EINPresswire.com …

Kolibri Global Energy Inc. Announces Operations Update

Kolibri Global Energy Inc. (NASDAQ:KGEI) THOUSAND OAKS, CA, UNITED STATES, October 15, 2026 /⁨EINPresswire.com⁩/ -- Kolibri Global Energy Inc. (the “Company” or “Kolibri“) (TSX: KEI, NASDAQ: KGEI) is pleased to provide an operations update on its …

Vaultavo Launches Institutional Digital Asset Custody Raise Through Deal Box

Biometric, hardware and governance controls designed to tie each authorization to a verified person. NEW YORK, NY, UNITED STATES, October 15, 2026 /⁨EINPresswire.com⁩/ -- Vaultavo Inc., a Delaware corporation developing institutional digital asset …

Midwest Cards x VeeFriends 24-Hour Fundraiser

Midwest Cards and VeeFriends Team Up for 24-Hour Live Stream and In-Store Fundraiser Benefiting The Kids Mental Health Foundation COLUMBUS, OH, UNITED STATES, October 15, 2026 /⁨EINPresswire.com⁩/ -- Midwest Cards, Columbus' premier sports …

Spitfyre, Inc. Welcomes Brandon Snyder as its First VP of Sales

Spitfyre, Inc. continues growing its leadership team in anticipation of its upcoming innovation program launch. LYNNWOOD, WA, UNITED STATES, October 15, 2026 /⁨EINPresswire.com⁩/ -- Spitfyre continues its hiring streak this month, adding Brandon …

US Power Adds Propel Prepaid Solar Lease, Bringing Back Tax Credit Savings

New prepaid program passes the commercial solar tax credit to homeowners as an upfront discount, with $0-down financing and ownership after year five. LOS ANGELES, CA, UNITED STATES, October 15, 2026 /⁨EINPresswire.com⁩/ -- US Power, a factory-direct …

Concierge Auctions: October Auction Lineup Ahead of London Global Sale with More Than US$185M in Marquee Properties

Coveted collection spanning six US states and the British Virgin Islands comprises this month’s auction lineup NEW YORK, NY, UNITED STATES, October 15, 2026 /⁨EINPresswire.com⁩/ -- Concierge Auctions presents more than US$185 million in luxury …

Chariot Claims Raises $10M Series A to Build AI-Powered Infrastructure for Consumer Justice

Silverton Partners leads the round as the platform combines AI and law firms to pursue corporate wrongdoing at scale and arm itself to champion privacy rights. NEW YORK, NY, UNITED STATES, October 15, 2026 /⁨EINPresswire.com⁩/ -- Only four percent of …

Symple Lending Chief Data Officer Jordon Wolfram Recognized Among CIOReview’s Top 10 Chief Data Officers of 2026

CIOReview highlights Wolfram’s leadership in data-driven innovation, artificial intelligence, and the importance of human judgment in financial technology. TAMPA, FL, UNITED STATES, October 15, 2026 /⁨EINPresswire.com⁩/ -- Symple Lending, a …

Aasi Siddique Calls for Historic Property Tax Exemption for 35-Year Senior Homeowners in Cook County

Earned Tax Freedom: Eligible seniors who hit the 35-year residency milestone in a single-family home will receive a 100% future exemption from property taxes. CHICAGO, IL, UNITED STATES, October 15, 2026 /⁨EINPresswire.com⁩/ -- Today, Aasi …

Oregon UAS Accelerator to Showcase 17 Autonomy, Counter-UAS & Defense-Tech Startups at Portland Investor Event on Nov 13

Fall 2026 UAS Innovation Showcase at Big Pink brings investors, defense & government stakeholders together with the Accelerator's 17 Member Fall Cohort. PORTLAND, OR, UNITED STATES, October 15, 2026 /⁨EINPresswire.com⁩/ -- The Oregon UAS …

Ascendus Expands Get Ready Program With $1 Million Grant From MetLife Foundation

NY, UNITED STATES, October 15, 2026 /⁨EINPresswire.com⁩/ -- Five-year expansion will reach 480 entrepreneurs and increase the program’s graduation line from $5,000 to $25,000. Ascendus is expanding Get Ready, its credit-building program for …

CalcFocus Launches Curate, a Governed Data Foundation for Life and Annuity Insurers

New product brings continuously updated, governed data with natural-language analytics to illustration, administration, billing, and claims. PHILADELPHIA, PA, UNITED STATES, October 15, 2026 /⁨EINPresswire.com⁩/ -- Following this month's …

EPC Group Publishes a Four-Control Governance Standard for Microsoft-Decision-1 Deployments

Within a week of Microsoft's decision-scoring model release, EPC Group sets out the identity, Purview, approval and evidence controls a tenant must own first. HOUSTON, TX, UNITED STATES, October 15, 2026 /⁨EINPresswire.com⁩/ -- EPC Group, the …