by Renata Samadova -

MICROCAPITAL BRIEF: IDB Lab Accepting Applications from Entrepreneurs in Latin America, Caribbean for WeXchange Women STEMpreneurs Competition, Partner of Google for Startups, Through March 31

WeXchange, a program of the Inter-American Development Bank (IDB) Group’s IDB Lab, recently started accepting applications from female entrepreneurs in Latin America and the Caribbean for the WeXchange Women STEMpreneurs Competition. The competition targets women whose businesses

by Hasnat Aslam -

MICROCAPITAL BRIEF: Bankingly of Uruguay Raises $11m in Equity Round Led by Dalus Capital to Help Financial Institutions Boost Digital Inclusion in Africa, Asia, Latin America

Uruguay’s Bankingly recently secured an investment package totalling USD 11 million, which it plans to use to expand in Latin America and Africa as well as enter Southeast Asia. Bankingly provides financial institutions with software-as-a-service (SaaS) that helps them serve customers via websites, mobile apps, chatbots and other tools, thus “facilitating the financial inclusion of millions of people…”. Bankingly CEO and Founder, Martin Naor, expressed the hope that

by Harriet Ritchie -

MICROCAPITAL BRIEF: Centraal, Google, IDB Lab Seeking Applicants for LAC Women Founders Accelerator Program Through September 12

Three organizations recently launched the LAC Women Founders Accelerator Program “for STEM [science, technology, engineering and mathematics] startups led by women in Latin America and the Caribbean [LAC]”: (1) Centraal, “a coworking space, a meeting place, and home to a number of startups” in Mexico; (2) US-based technology firm Google; and (3) IDB Lab, a member of the Inter-American Development Bank (IDB) Group. Twenty startups will be selected to participate in the 10-week program, which includes mentorship; a “Demo Day,” during which entrepreneurs can

by Anuhya Tadepalli -

MICROFINANCE EVENT: Foromic: Reinventing Inclusion; October 30 – November 1, 2019; Punta Cana, Dominican Republic

The 22nd edition of Foromic will focus on innovative digital solutions for Latin America and the Caribbean in the financial services, clean energy, agricultural technology (agtech), and water and sanitation sectors. Sample panel topics include: (1) Investing in

by Michelle Fleming -

MICROCAPITAL BRIEF: Belize Credit Union League, IDB Partner on Green Microfinance as Part of Caribbean EcoMicro Program

The US-based multilateral Inter-American Development Bank (IDB) recently signed a four-year deal with the 11-member Belize Credit Union League (BCUL) to provide 380 farmers and fishermen with access to “climate-smart” technologies intended to increase food productivity and reduce greenhouse-gas emissions. The partners