Close Menu
fintechbits
  • News
  • AI
  • Acquisitions
  • Trends
  • Insights
  • Rumors
  • Startups
  • finjobsly

Subscribe to Updates

Get the latest news from Fintechbits.

Trending Now

Technological Strategies Employed by Companies to Capitalize on EP Opportunities During Mergers and Acquisitions

July 10, 2025

Crypto Lobby backs Dev Suite DOJ in ongoing Open Source Code efforts

July 10, 2025

RUVI AI is gaining traction with savvy investors as its audit success and initial bonuses fuel optimistic outlooks.

July 10, 2025

Fintech Startup Targeting NRIs Secures $5 Million in Funding from Elevation Capital

July 9, 2025
Facebook X (Twitter) Instagram
Trending
  • Technological Strategies Employed by Companies to Capitalize on EP Opportunities During Mergers and Acquisitions
  • Crypto Lobby backs Dev Suite DOJ in ongoing Open Source Code efforts
  • RUVI AI is gaining traction with savvy investors as its audit success and initial bonuses fuel optimistic outlooks.
  • Fintech Startup Targeting NRIs Secures $5 Million in Funding from Elevation Capital
  • Gartner Finance Conference 2025: Summit on AI and Autonomous Finance in London
  • Alphalésaka Technologies: The Potential Transformative Impact of Recent Fintech Acquisition
  • Fintech Startup for NRIs Secures $5 Million Funding Round Led by Elevation Capital
  • Fintech Company Catering to NRIs Secures Over RS 43 Crores in Funding Round Led by Elevation Capital
Facebook X (Twitter) Instagram Pinterest Vimeo
fintechbits
  • News

    Unicorn Bank Zero represents the final achievement of his fintech journey.

    July 9, 2025

    Fintech Company Pine Labs Submits Documents to SEBI for IPO Fundraising

    July 4, 2025

    British Fintech Zilch Seeking International Tender Opportunities

    July 4, 2025

    Fintech Company Pine Labs Submits IPO Documents to SEBI for Fundraising, According to Reports

    June 26, 2025

    Breaking News: Initial lineup of demonstrations revealed for FinovateFall 2025

    June 12, 2025
  • AI

    Gartner Finance Conference 2025: Summit on AI and Autonomous Finance in London

    July 9, 2025

    St. Luke’s reduces costs by $13,000 per clinician using AI-driven pre-cartography summaries.

    July 9, 2025

    Understanding Agent AI and Its Significance in Finance

    July 9, 2025

    Exploiting AI for Recruitment and Funding in Terrorist Organizations: A Focus on the Islamic State

    July 8, 2025

    The upcoming major challenge: examining AI accountability in financial services

    July 8, 2025
  • Acquisitions

    African fintech leaders are shaping the industry through worldwide acquisitions.

    June 30, 2025

    Acrisure obtains significant funding to enhance its fintech strategy.

    June 14, 2025

    $200 million IPO SPAC aims for acquisitions in fintech and AI sectors.

    June 1, 2025

    Wealthsimple hires multiple teams to enhance family financial management.

    May 31, 2025

    The HPS of Morocco plans to acquire a Fintech company by 2027, referred to as CEO – TradingView News.

    May 3, 2025
  • Trends

    Overview of the FINCH 2025 Market and Participant Profiles

    July 5, 2025

    Key Trends and Focus Areas in Fintech Payments for 2025

    June 22, 2025

    Overview of the Singapore Fintech Market: Market Size, Trends, and Growth Potential

    June 18, 2025

    Southeast Asia’s Fintech Market: Size, Trends, and Growth Potential

    June 13, 2025

    Irish fintech remains on a remarkable growth trajectory, contrary to global trends.

    June 12, 2025
  • Insights

    Alphalésaka Technologies: The Potential Transformative Impact of Recent Fintech Acquisition

    July 9, 2025

    Surge Continuation Funds in Europe Prepared for the 2025 Records – Fintech Schweiz Digital Finance News

    July 7, 2025

    Schaeffer Investment Research Scholarships Break Through Significant Resistance Levels

    June 27, 2025

    Finance Magnates Reports: XBO Designated as Top Cryptocurrency Payment Gateway. XBO’s core principles of trust and simplicity align with cutting-edge solutions, providing customers access to an award-winning crypto payment option. 16 hours ago

    June 26, 2025

    Fintech Bank competes with HSBC and Lloyds in the current account market.

    June 24, 2025
  • Rumors

    Blackrock XRP ETF Speculation Ignites Interest in the Crypto Market

    July 9, 2025

    PayTM’s Share Price Drops by 10%: Understanding MDR and the Call from FinTech Companies for Government Action.

    July 5, 2025

    PayTM restricts 10% amid rumors of government cancellation of MDR – Is the expansion of UPI in India becoming a challenge for fintech companies? More details here.

    July 2, 2025

    The Giant Fintech Green Point Captivates Investment Capital Interest

    June 25, 2025

    Chinese Ant Group refutes speculation about a partnership with Rwa and Stablecoin.

    June 20, 2025
  • Startups

    Technological Strategies Employed by Companies to Capitalize on EP Opportunities During Mergers and Acquisitions

    July 10, 2025

    Crypto Lobby backs Dev Suite DOJ in ongoing Open Source Code efforts

    July 10, 2025

    RUVI AI is gaining traction with savvy investors as its audit success and initial bonuses fuel optimistic outlooks.

    July 10, 2025

    Fintech Startup Targeting NRIs Secures $5 Million in Funding from Elevation Capital

    July 9, 2025

    Fintech Startup for NRIs Secures $5 Million Funding Round Led by Elevation Capital

    July 9, 2025
  • finjobsly
fintechbits
Home » ADB and Mastercard to close Asia’s $2.5 trillion MSME financing gap
Jobs Market News

ADB and Mastercard to close Asia’s $2.5 trillion MSME financing gap

2 Mins Read
Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
Adb Mastercard To Bridge Us2.5 Trillion Msme Financing Gap In Asia.jpg
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

Free newsletter

Get the latest Fintech Singapore news delivered to your inbox once a month

THE Asian Development Bank (ADB) and the Mastercard Impact Fund have forged a new partnership to address the pressing financing challenges facing MSMEs in Asia and the Pacific.

This collaboration, facilitated by the Mastercard Center for Inclusive Growth, will initially focus on seven countries in the region: Georgia, India, Indonesia, Malaysia, the Philippines, Thailand and Vietnam.

Leveraging a US$5 million grant MasterCardThe initiative will provide financial institutions with de-risking capital, performance incentives and capacity building to encourage lending to MSMEs.

The program will prioritize MSMEs led or owned by women and those engaged in climate finance.

Toppan-iDGate_

This grant is expected to support up to $1 billion in ADB financing over a four-year period.

The partnership aims to address the significant credit gap faced by MSMEs in the region, estimated at US$2.5 trillion.

Despite their crucial role in economic growth and job creation, almost half of all MSMEs in Asia and the Pacific are unserved or underserved by financial institutions.

    Bhargav Dasgupta.
Bhargav Dasgupta

“MSMEs form the backbone of economies across the Asia-Pacific region, but many struggle to obtain adequate financing.

By combining the resources and expertise of the AfDB and Mastercard, this facility will unlock the potential of MSMEs, particularly those led by women or supporting climate finance, by empowering businesses and fostering inclusive and sustainable economic growth in the region.

said Bhargav Dasgupta, ADB Vice President for Market Solutions.

John Huntsman
John Huntsman

“This partnership deepens the work we do in the Asia-Pacific region to support entrepreneurs and small businesses, who are the lifeblood of communities and economies.

By building resilience to climate and economic shocks, we put more people, communities and entrepreneurs on the path to financial inclusion and prosperity.

said Jon Huntsman, vice president of Mastercard and board director of the Mastercard Impact Fund.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

The top five in-demand positions for MBAs by 2025

June 22, 2025

Employment Opportunities in Fintech, Online, and Cryptocurrency from May 29 to 30 – Cape Town FMAS: 25

May 30, 2025

Exploring Fintech, Cryptocurrency, and Online Job Opportunities in South Africa from May 29 to 30 – Cape Town FMAS: 25

May 29, 2025
Leave A Reply Cancel Reply

Latest news

Technological Strategies Employed by Companies to Capitalize on EP Opportunities During Mergers and Acquisitions

July 10, 2025

Crypto Lobby backs Dev Suite DOJ in ongoing Open Source Code efforts

July 10, 2025

RUVI AI is gaining traction with savvy investors as its audit success and initial bonuses fuel optimistic outlooks.

July 10, 2025
News
  • AI in Finance (1,341)
  • Breaking News (155)
  • Corporate Acquisitions (65)
  • Industry Trends (177)
  • Jobs Market News (290)
  • Market Insights (190)
  • Market Rumors (242)
  • Regulatory Updates (149)
  • Startup News (902)
  • Technology Innovations (153)
  • X Feed (1)
About US
About US

FintechBits is a blog delivering the latest news and insights in fintech, finance, and technology. We cover breaking news, market trends, innovations, and expert opinions to keep you informed about the future of finance

Facebook X (Twitter) Instagram Pinterest Reddit TikTok
News
  • AI in Finance (1,341)
  • Breaking News (155)
  • Corporate Acquisitions (65)
  • Industry Trends (177)
  • Jobs Market News (290)
  • Market Insights (190)
  • Market Rumors (242)
  • Regulatory Updates (149)
  • Startup News (902)
  • Technology Innovations (153)
  • X Feed (1)
Happening Now

November 28, 2024

“ Intentionally collaborative ”: how the Rotman school of U of T leads Innovation Fintech

February 6, 2025

‘1957 Ventures’ to Drive FinTech Innovation in Saudi Arabia

September 10, 2024
  • About FintechBits
  • Advertise With us
  • Contact us
  • Disclaimer
  • Privacy Policy
  • Terms and services
  • BUY OUR EBOOK GUIDE
© 2025 Designed by Fintechbits

Type above and press Enter to search. Press Esc to cancel.