Citi and Mastercard Launch Partnership with Grameen America
Today we are proud to announce our partnership with Citi and Mastercard to introduce several new financial technology platforms to improve our organizations digital financial technology solutions. These solutions include a new cloud-based management information system that will allow staff to more efficiently manage data and analyze the impact of our services. The program also includes the ability for our members to use reloadable disbursement Mastercard cards issued by Citi Prepaid Services to deliver microloans. Overall, this partnership is a significant step in integrating our 86,000 low-income women entrepreneurs with digital banking practices.
“Connecting people to the networks that power the modern world – like financial services – will unlock their economic potential and continue a cycle of equitable economic growth and poverty reduction,” said Shamina Singh, President of the Mastercard Center for Inclusive Growth. “Working with Grameen America, we are glad to join a partnership that will advance economic mobility through entrepreneurship in the United States.”