International Financial Corporation (IFC), a member of the World Bank Group, and Ant Financial Services Group (Ant Financial), a China-based tech company and the operator of Alipay, announced on Monday the launch of their new 10×1000 Tech for Inclusion program at the 2018 Annual Meetings… Read More
Read more in: Fintech | Tagged alipay, ant financial, ifc, world bank group
The International Finance Corporation (IFC), part of the World Bank, and the Monetary Authority of Singapore (MAS) have signed a “Memorandum of Cooperation” agreeing to establish and develop the ASEAN Financial Innovation Network (AFIN). AFIN will strive to increase the adoption of Fintech innovation and… Read More
Read more in: Asia, Fintech, Global, Politics, Legal & Regulation | Tagged asean, ifc, international finance corporation, mas, monetary authority of singapore, singapore, sopnendu mohanty, world bank
Remitly, an independent mobile remittance company in the US, announced its receipt of $38 million in new equity and debt financing from IFC, a member of the World Bank Group, and Silicon Valley Bank. The financing will aid in the company’s expansion to deliver international fund transfers… Read More
Read more in: Fintech, General News, Global | Tagged ifc, latin america, matt oppenheimer, p2p, world bank group
On Thursday, Argentina-based peer-to-peer (P2P) lending platform, Afluenta, announced it has secured a total of $8 million during its recent Series B funding round. Funds raised from the round were from International Finance Corporation (IFC) and Elevar Equity (each invested $4 million). Afluenta previously stated that… Read More
Read more in: Investment Platforms and Marketplaces | Tagged affluent, alejandro cosentino, elevar equity, ifc, international finance corporation, latin america, p2p, peer to peer
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