Tag: IFC

Nu given reguatory nod to operate financing company in Colombia

Nu Colombia, a subsidiary under the umbrella of Nubank in the country, has received approval from Colombia's Financial Superintendence (SFC) to operate as a...

Colombian FinTech KLYM nets $27m to expand in Brazil

Colombian FinTech company KLYM, which is on a mission to build a scalable credit system for companies, has reportedly raised $27m in funding.

ProducePay closes Series C on $43m to support the growth of...

ProducePay, which claims to bring transparency and fairness to the produce market, has closed its Series C round on $43m.

Indonesian InsurTech PasarPolis said to raise $5m round

Indonesian InsurTech startup PasarPolis has reportedly raised $5m in funding from the International Finance Corporation (IFC).

SME finance platform Figopara bags $1m in its new funding round

Figopara, which enables businesses to get loans for their invoices, has reportedly raised $1m in its second funding round.

Payments company TerraPay secures $9.6m in funding

Payment product developer TerraPay has secured $9.6m in funding to support its continued growth.

InsurTech startup Roojai bags $7m in its Series A

Digital insurance platform for cars Roojai has netted $7m in its Series A round of funding to boost its technology developments.

Moni said to raise $1.5m in funding from IFC

Moni, a mobile wallet for Mexico and Argentina-based consumers, has reportedly raised $1.5m in its latest investment.

Jungle Ventures sets sights on raising $150m for Fund III

World Bank investment arm IFC is aiming to help plug the Series A-plus funding gap in southeast Asia through a commitment to Jungle Ventures $150m-targeting third fund.

Mahindra raises $100m in funding from IFC to support more loans

Mahindra & Mahindra Financial Services has raised $100m in funding from IFC, a member of the World Bank Group.

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