Investor directory

International Finance Corporation

The International Finance Corporation (IFC) is a member of The World Bank Group that focuses on fostering sustainable economic growth in developing countries through private sector investment. It provides a range of financial services, including loans, equity investments, quasi-equity products, and advisory services aimed at supporting startups and various stages of company development. IFC invests in sectors such as agribusiness, financial services, health, education, infrastructure, global manufacturing, oil and gas, telecommunications, and tourism, with a particular emphasis on projects that promote food security, digital finance, and affordable healthcare. The organization targets investments ranging from $1 million to $100 million, often seeking minority stakes but may also take a majority position in its portfolio companies. IFC aims to create jobs, generate tax revenues, and enhance corporate governance in emerging markets, thus contributing positively to local communities. Established in 1956 and headquartered in Washington, D.C., IFC operates globally with offices across various regions, focusing its efforts on financing projects that align with its mission of improving lives in developing countries.

Focus

Scale StageSeries BAfricaSeries CEarly VentureShow more
http://www.ifc.org
https://crunchbase.com/organization/international-finance-corporation
https://facebook.com/ifcwbg
https://linkedin.com/company/ifclinkedin
https://twitter.com/ifc_org
https://www.capitaliq.com/CIQDotNet/company.aspx?companyId=427392

Hyung K. Ahn

Principal Investment Officer

Irene Arias

Global Director of Financial Institutions Group and Director of Latin America and the Caribbean

Georgina Baker

Vice President, Latin America and the Caribbean, and Europe and Central Asia

Paulo de Bolle

Global Director

Peter Joseph Cashion

Head of Climate Finance FIG and CIO

Andrea Engel

Senior Country Officer, Principal Country Officer and Principal Country Manager

Rapti Goonesekere

Principal Economist

Christian Grossmann

Director for Climate Change

Mandeep Julka

Associate Investment Officer

Rana Karadsheh

Principal Investment Officer and Country Manager

Kyle Kelhofer

Country Manager for Vietnam

Alzbeta Klein

Global Industries Director and Director of Climate Business

Galina Vsevolodovna Klimenko

Principal Investment Officer of Financial Markets

Toshitake Kurosawa

Director

Mouayed Makhlouf

Regional Director of Middle East and North Africa

Paolo M. Martelli

Regional Industry Director of Latin America and the Caribbean

Atul Mehta

Senior Director of Telecom, Media and Tech, Venture Investing and Funds

Vivek Pathak

Director of East Asia and Pacific

Mary Porter Peshka

Director of Cross-cutting Advisory Services

Tomasz Telma

Senior Director of Manufacturing, Agri. and Services

Mary Beth Ward

Principal Syndications Officer and Team Leader

Tracy Washington

Principal Investment Officer for Global PE Funds and Regional and Sectoral Lead of SME Ventures Program

Past deals in Credits and Lending

Mintifi

Series C in 2022
Mintifi Private Limited develops and operates online lending platform that provides unsecured credit to small and medium businesses. Its products include working capital loan, bill discounting limit for invoice financing, and term loans. Mintifi Private Limited caters to hospitality, travel, education, logistics, retail, and computer peripherals industries. The company was incorporated in 2017 and is headquartered in Mumbai, India.

Mintifi

Series B in 2021
Mintifi Private Limited develops and operates online lending platform that provides unsecured credit to small and medium businesses. Its products include working capital loan, bill discounting limit for invoice financing, and term loans. Mintifi Private Limited caters to hospitality, travel, education, logistics, retail, and computer peripherals industries. The company was incorporated in 2017 and is headquartered in Mumbai, India.

Collectius

Private Equity Round in 2020
Collectius Group is a multinational credit management service and asset management company with operations in the Philippines, Singapore, Malaysia and Thailand, with nearly two decades of experience in credit management service and purchase of non-performing loan (NPLs) portfolios of distressed consumer debt. Collectius is funded through its Swiss holding company in Zug, and its largest financier is Stena, which is a Swedish shipping company conglomerate.

CD Finance

Debt Financing in 2019
As the demand for financial services of the rural households becomes increasingly diversified and increasingly urgent, more comprehensive and diversified financial services and capacity building will play a more important role in the future development of rural finance. Rural credit finance is the public network platform of Zhonghe rural credit. It aims to provide small, simple and accessible micro financial services for rural low-income farmers and operating farmers through Internet technology. At present, the micro financial products and services provided by rural credit covers all aspects of credit, financial management, mutual aid and agricultural production and other aspects of public financing.

Raiffeisen UA

Debt Financing in 2019
Raiffeisen Bank International AG, headquartered in Vienna, Austria, offers a comprehensive range of banking services to private individuals, small and medium enterprises, as well as corporate and institutional clients. Its service portfolio includes corporate and retail banking, investment banking, cash management, electronic banking, and payment services. The bank provides various financing solutions such as trade finance, export finance, project finance, and working capital finance, along with credit and prepaid cards. Additionally, it offers investor services, including fund administration and brokerage, as well as specialized products like bank guarantees, letters of credit, and factoring services. Raiffeisen Bank International also assists clients with mergers, acquisitions, and other corporate finance activities. With a significant presence in Central, Southeastern, and Eastern Europe, the bank operates approximately 2,040 business outlets, reflecting its commitment to serving a diverse clientele effectively.

Incomlend

Venture Round in 2019
Incomlend Pte. Ltd operates a lending platform that connects small and medium-sized enterprises (SMEs) with private investors to facilitate financing through the sale of account receivables at a discount. Founded in 2016 and based in Singapore, Incomlend serves importers, exporters, investors, and lenders by offering alternative trade finance solutions, including factoring and supply chain finance. The platform allows businesses to optimize their working capital by accessing a pool of institutional investors and enables live trading of invoices in multiple currencies and countries. Once a company submits an invoice finance application, it can receive funding within 48 hours. To mitigate risks, all transactions on the platform are protected by credit insurance, ensuring that sellers are safeguarded against payment issues while providing investors with a secured return through invoice discounts. Incomlend's proprietary technology supports risk underwriting, fund matching, and transaction processing, enhancing efficiency in trade finance.

PNB Housing Finance

Post in 2019
PNB Housing Finance Limited is a housing finance company based in New Delhi, India, that specializes in offering a wide range of financial products primarily focused on housing-related needs. The company provides housing loans for various purposes, including the purchase, construction, repair, and renovation of residential properties, as well as loans for commercial spaces and against property. Additionally, it offers loans for the purchase of residential plots and extensions of existing dwellings. PNB Housing Finance also caters to non-resident Indians and individuals of Indian origin with specialized home loan options. Beyond housing finance, the company extends its services to include loans for commercial properties, lease rental discounting, and mortgage loans for real estate developers. Founded in 1988, PNB Housing Finance also provides fixed deposit services to its customers.

Lulalend

Series A in 2019
LulaLend is more than a company. It’s a belief in the power of small business, making a difference, building a better solution and striving for excellence. We work hard to empower businesses across South Africa with the funds they need to grow, and we have a great time doing it!

Afluenta

Series C in 2019
Afluenta S.A. operates social network for managing and offering peer-to-peer lending and loans. The company was founded in 2008 and is based in Buenos Aires, Argentina.

Mintifi

Series A in 2019
Mintifi Private Limited develops and operates online lending platform that provides unsecured credit to small and medium businesses. Its products include working capital loan, bill discounting limit for invoice financing, and term loans. Mintifi Private Limited caters to hospitality, travel, education, logistics, retail, and computer peripherals industries. The company was incorporated in 2017 and is headquartered in Mumbai, India.

XacBank

Debt Financing in 2018
Xac Bank is the fourth largest bank in Mongolia with a loan portfolio of 395M USD, serving 298,000 borrowers and savers clients and deriving a yearly ROE of 22%. Xac Bank has demonstrated its ability to adapt to a fast growing and fast changing economic environment in Mongolia, on the back of a booming mining industry, and has re-focused its operations away from microfinance to SME, consumer lending and mortgages. In order to manage the associated risk, the bank has heavily invested in systems and human capabilities in order to serve the increasing need of underserved SMEs and urban as well as rural population. Xac Bank has also built an in-house mobile platform currently under upgrade in order to better serve the needs of its customers. Xac Bank is actively involved in deploying government and developmental funds to provide easier access to low cost housing and environment friendly energy to the lower layers of the Mongolian population. Finally, Xac bank is constantly providing non-financial services to the community under the form of financial literacy programs and business support to its lowest income customers via association with NGOs.

Konfio

Series C in 2018
Konfio is a financial technology company based in Mexico City that focuses on providing online financial solutions for micro entrepreneurs and small to mid-sized enterprises. Founded in 2013, it offers a range of services including fixed-rate loans, short-term business credits, working capital loans, and online payment solutions. Additionally, Konfio provides a corporate credit card, a loyalty program, and business productivity software tools to enhance growth and operational efficiency. The company aims to support the financial needs of its clients through innovative digital banking solutions and has established itself as a key player in the Mexican fintech landscape.

Konfio

Debt Financing in 2018
Konfio is a financial technology company based in Mexico City that focuses on providing online financial solutions for micro entrepreneurs and small to mid-sized enterprises. Founded in 2013, it offers a range of services including fixed-rate loans, short-term business credits, working capital loans, and online payment solutions. Additionally, Konfio provides a corporate credit card, a loyalty program, and business productivity software tools to enhance growth and operational efficiency. The company aims to support the financial needs of its clients through innovative digital banking solutions and has established itself as a key player in the Mexican fintech landscape.

Branch International

Series B in 2018
Branch International Inc. is a digital lending company founded in 2015 and headquartered in San Francisco, California, with additional offices in Mumbai, Nairobi, Mexico City, and Lagos. The company leverages smartphone data to assess creditworthiness, allowing consumers in emerging markets to access personal loans through its Android application. By utilizing data science, Branch aims to reduce the cost of financial services and provide fair access to banking options, particularly for the growing middle class. The platform offers a quick approval process for loans, enabling users to build credit irrespective of their banking history and navigate the barriers posed by traditional financial institutions. Branch is committed to driving meaningful growth in rapidly evolving markets and has raised over $100 million in funding from notable investors in Silicon Valley.

Koin

Series A in 2018
Koin is a developer of a post-pay application that provides instant credit and installment payment options for online purchases. The application enhances consumer confidence by allowing users to make payments only after receiving their products, ensuring a secure transaction experience. This approach not only facilitates online shopping but also helps businesses improve customer satisfaction by reducing the financial risk associated with online purchases.

An Binh Commercial Joint Stock Bank (ABBANK)

Debt Financing in 2017
An Binh Commercial Joint Stock Bank, a commercial bank, provides consumer and corporate banking services in Vietnam. The company offers consumer banking services, such as term and non-term savings, demand, and accumulated savings deposits; and unsecured consumption, home erection/renovation, secured consumption, business and production, car, home, listed and non-listed securities, overseas study, savings account book/account balance mortgage, and business and production supplementary loans. It provides corporate banking services, including commercial financing, import financing, pre-shipment export financing, SME financing, and co-financing loans; supplementary installment loans for business.

Creditas

Series C in 2017
Creditas is a financial technology company based in São Paulo, Brazil, specializing in secured consumer loans. Founded by Sergio Furio, the company operates a digital platform that leverages credit scoring and borrower assets, such as homes and automobiles, as collateral to provide loans. This approach allows Creditas to offer affordable lending solutions by partnering with traditional financial institutions and utilizing investor-backed resources. The platform is designed to enable borrowers to repay their loans in manageable installments, thereby making financing more accessible.

Guiabolso

Series D in 2017
GuiaBolso is a digital platform in Brazil that connects consumers to various financial products through an in-app marketplace, enabling real-time access and origination. By utilizing proprietary bank account aggregation technology, GuiaBolso offers users a comprehensive view of their finances, along with free credit bureau reports. This innovative approach allows users to access a range of fairly-priced loans based on actual credit risk, which is particularly significant in a market lacking a national credit score and characterized by high interest spreads. The platform also streamlines budgeting and financial control, automating processes and helping users select financial products from a curated list of partners. GuiaBolso's mission is to enhance individuals' financial well-being by providing the necessary information for better financial decision-making.

Guiabolso

Series D in 2017
GuiaBolso is a digital platform in Brazil that connects consumers to various financial products through an in-app marketplace, enabling real-time access and origination. By utilizing proprietary bank account aggregation technology, GuiaBolso offers users a comprehensive view of their finances, along with free credit bureau reports. This innovative approach allows users to access a range of fairly-priced loans based on actual credit risk, which is particularly significant in a market lacking a national credit score and characterized by high interest spreads. The platform also streamlines budgeting and financial control, automating processes and helping users select financial products from a curated list of partners. GuiaBolso's mission is to enhance individuals' financial well-being by providing the necessary information for better financial decision-making.

Konfio

Series B in 2017
Konfio is a financial technology company based in Mexico City that focuses on providing online financial solutions for micro entrepreneurs and small to mid-sized enterprises. Founded in 2013, it offers a range of services including fixed-rate loans, short-term business credits, working capital loans, and online payment solutions. Additionally, Konfio provides a corporate credit card, a loyalty program, and business productivity software tools to enhance growth and operational efficiency. The company aims to support the financial needs of its clients through innovative digital banking solutions and has established itself as a key player in the Mexican fintech landscape.

Afluenta

Series B in 2017
Afluenta S.A. operates social network for managing and offering peer-to-peer lending and loans. The company was founded in 2008 and is based in Buenos Aires, Argentina.

Moni

Venture Round in 2017
Moni operates a microloans platform that enables users to receive a cash advance online. Alejandro Estrada and Juan Pablo Bruzzo founded it in September 2013, with its headquarters in Buenos Aires in Argentina.

Creditas

Series B in 2017
Creditas is a financial technology company based in São Paulo, Brazil, specializing in secured consumer loans. Founded by Sergio Furio, the company operates a digital platform that leverages credit scoring and borrower assets, such as homes and automobiles, as collateral to provide loans. This approach allows Creditas to offer affordable lending solutions by partnering with traditional financial institutions and utilizing investor-backed resources. The platform is designed to enable borrowers to repay their loans in manageable installments, thereby making financing more accessible.

Monedo

Series C in 2016
Monedo Holding GmbH specializes in providing credit lending solutions through advanced technology, particularly focusing on the underbanked population. The company employs machine-learning algorithms and big data scoring to enhance credit decision-making and accessibility. Its product lineup includes customized installment loans, microloans through Kredito24, a digital wallet, and a personal finance manager aimed at helping customers manage their finances effectively. Additionally, Monedo offers a "Lending as a Service" model, enabling partners to integrate its credit products via API into their platforms. Founded in 2012 and headquartered in Hamburg, Germany, Monedo operates across multiple markets, including Poland, Romania, Russia, Spain, and Thailand, processing over four million loan applications to date. The company is led by CEO and Co-Founder Alexander Graubner-Müller and is supported by prominent investors.

Guiabolso

Series C in 2016
GuiaBolso is a digital platform in Brazil that connects consumers to various financial products through an in-app marketplace, enabling real-time access and origination. By utilizing proprietary bank account aggregation technology, GuiaBolso offers users a comprehensive view of their finances, along with free credit bureau reports. This innovative approach allows users to access a range of fairly-priced loans based on actual credit risk, which is particularly significant in a market lacking a national credit score and characterized by high interest spreads. The platform also streamlines budgeting and financial control, automating processes and helping users select financial products from a curated list of partners. GuiaBolso's mission is to enhance individuals' financial well-being by providing the necessary information for better financial decision-making.

Monedo

Series C in 2016
Monedo Holding GmbH specializes in providing credit lending solutions through advanced technology, particularly focusing on the underbanked population. The company employs machine-learning algorithms and big data scoring to enhance credit decision-making and accessibility. Its product lineup includes customized installment loans, microloans through Kredito24, a digital wallet, and a personal finance manager aimed at helping customers manage their finances effectively. Additionally, Monedo offers a "Lending as a Service" model, enabling partners to integrate its credit products via API into their platforms. Founded in 2012 and headquartered in Hamburg, Germany, Monedo operates across multiple markets, including Poland, Romania, Russia, Spain, and Thailand, processing over four million loan applications to date. The company is led by CEO and Co-Founder Alexander Graubner-Müller and is supported by prominent investors.

Afluenta

Series B in 2016
Afluenta S.A. operates social network for managing and offering peer-to-peer lending and loans. The company was founded in 2008 and is based in Buenos Aires, Argentina.