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4G Capital recognized by the International Finance Corporation (IFC) and the SME Finance Forum as Global Responsible Digital Innovator of the Year

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  4G Capital www 4G Capital com a market leading neobank driving the growth of micro and small businesses in Kenya and Uganda received an honorable mention as Responsible Digital Innovator of the Year at the Forum Awards Global SME Finance 2022 https bit ly 3Soylrh on September 21 Organized by the SME Finance Forum established by the G20 and administered by the World Bank s International Finance Corporation IFC the Global SME Finance Awards celebrate the outstanding achievements of financial institutions and fintech companies that provide financial products and services services to its SME clients to bridge the gap and promote sustainable growth 4G Capital was recognized for its innovation and contribution to the economic advancement of its clients By growing businesses with capital and insight 4G Capital has positively impacted more than 1 5 million people in East Africa Wayne Hennessy Barrett Founder and CEO of 4G Capital said We face many challenges today the rising cost of living and the extraordinary threat to food security in Africa posed not only by climate change but also by the war in Ukraine Our mission is to democratize the equitable creation of wealth through financial inclusion and business training that paves the way for the formality of microentrepreneurs and MSMEs We are humbled and humbled by the recognition and support from the IFC and the SME Finance Forum Matthew Gamser CEO of the SME Finance Forum said This year has seen the largest field of applicants in history as we expand into a fifth award category in the important area of greening SME finance We have more countries with more financial products and approaches than ever before It was a difficult task for the nearly 100 judges whom we thank profusely for their knowledgeable informed and unbiased judgment on who deserved the recognition In this fifth year of the competition entrants continued to illustrate resilience and innovation across all categories from the ongoing work of serving SMEs in the SME Financing of the Year category to institutions channeling the Investor Guidelines responsible https bit ly 3UoXG66 in the Digital Innovator of the Year to creative and holistic approaches in the category of Best Funder for Women Entrepreneurs which is organized each year in partnership with IFC Banking on Women https bit ly 3LzNDHy Initiative Magda Bianco Co Chair of GPFI said The G20 Global Partnership for Financial Inclusion welcomes this latest round of the Global SME Finance Awards which together with our new Database on Digital Finance Innovations for SMEs is helping to raise awareness of all the new possibilities that digitization offers to improve small business access to finance I am very impressed with the number of these SME financing initiatives that are taking place in the world s poorest countries and in fragile and conflict affected areas I congratulate all the winners all the honorable mentions and all those who applied and I really encourage you to share your great work in our new database https bit ly 3f7pPP5
4G Capital recognized by the International Finance Corporation (IFC) and the SME Finance Forum as Global Responsible Digital Innovator of the Year

1 4G Capital (www.4G-Capital.com), a market-leading neobank driving the growth of micro and small businesses in Kenya and Uganda, received an honorable mention as Responsible Digital Innovator of the Year at the Forum Awards.

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2 Global SME Finance 2022 (https:/ /bit.ly/3Soylrh) on September 21.

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3 Organized by the SME Finance Forum, established by the G20 and administered by the World Bank’s International Finance Corporation (IFC), the Global SME Finance Awards celebrate the outstanding achievements of financial institutions and fintech companies that provide financial products and services.

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4 services to its SME clients to bridge the gap and promote sustainable growth.

5 4G Capital was recognized for its innovation and contribution to the economic advancement of its clients.

6 By growing businesses with capital and insight, 4G Capital has positively impacted more than 1.5 million people in East Africa.

7 Wayne Hennessy-Barrett, Founder and CEO of 4G Capital, said, “We face many challenges today; the rising cost of living and the extraordinary threat to food security in Africa posed not only by climate change but also by the war in Ukraine.

8 Our mission is to democratize the equitable creation of wealth through financial inclusion and business training that paves the way for the formality of microentrepreneurs and MSMEs. We are humbled and humbled by the recognition and support from the IFC and the SME Finance Forum.” Matthew Gamser, CEO of the SME Finance Forum, said: “This year has seen the largest field of applicants in history, as we expand into a fifth award category in the important area of ​​greening SME finance.

9 We have more countries with more financial products and approaches than ever before.

10 It was a difficult task for the nearly 100 judges, whom we thank profusely for their knowledgeable, informed and unbiased judgment on who deserved the recognition.”

11 In this fifth year of the competition, entrants continued to illustrate resilience and innovation across all categories, from the ongoing work of serving SMEs in the SME Financing of the Year category to institutions channeling the Investor Guidelines responsible (https://bit.ly /3UoXG66) in the Digital Innovator of the Year, to creative and holistic approaches in the category of Best Funder for Women Entrepreneurs, which is organized each year in partnership with IFC Banking on Women (https: //bit.ly/3LzNDHy ) Initiative.

12 Magda Bianco, Co-Chair of GPFI, said: “The G20 Global Partnership for Financial Inclusion welcomes this latest round of the Global SME Finance Awards, which, together with our new Database on Digital Finance Innovations for SMEs , is helping to raise awareness of all the new possibilities that digitization offers to improve small business access to finance.

13 I am very impressed with the number of these SME financing initiatives that are taking place in the world’s poorest countries and in fragile and conflict-affected areas.

14 I congratulate all the winners, all the honorable mentions and all those who applied, and I really encourage you to share your great work in our new database (https://bit.ly/3f7pPP5).

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