Microfinance News

Mexican non-bank lender Sofipo joins CoDi pilot
Friday, May 10, 2019

ASP Integra Opciones has become the second of two Sofipos - non-banking financial institutions targeting low-income market segments - to join in the pilot program for the central bank's QR-code-driven CoDi electronic payment platform, with the firm hailing the new tool as potentially providing its correspondents and clients broad, new financial functionality. More

‘We want to democratize consumer finance’
Friday, May 10, 2019

AI-powered is working to help increase financial inclusion in Latin America by bringing together underserved prospective borrowers with lenders such as microfinance firms, CEO Rain Sepp tells BNamericas. More

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