The World Bank Group's International Finance Corporation has launched a risk sharing initiative providing up to USD 700 million in guarantees to help banks, fintechs and other financial institutions in emerging markets expand digital payment services. The guarantees will cover part of the credit settlement risk, addressing financial requirements that can limit institutions' participation in global payment ecosystems and restrict access for consumers and small businesses. The International Finance Corporation estimates that participating institutions will increase digital payments by about USD 280 billion, issue 360 million additional cards and add 90 million active users, including 39 million women. The initiative is also expected to increase competition and improve the accessibility and quality of payment services.
2026-09-10World Bank
World Bank Group's International Finance Corporation launches USD 700 million digital payments risk sharing initiative
The World Bank Group's International Finance Corporation has launched an initiative offering up to USD 700 million in guarantees to help financial institutions in emerging markets expand digital payments. It estimates the program will increase digital payments by about USD 280 billion and add 90 million active users, including 39 million women.