All News and Announcements
IFC’s First Investment in Banco Atlas to Support SMEs and Women-Led SMEs in Paraguay
The investment will directly support IFC priorities in Paraguay, fostering private investment and competition; encouraging economic formalization through financial resources for local businesses; and directing capital toward solutions that drive gender equality.
Fintechs Transform Banking Landscape in Argentina, Reaching Full Population Coverage
The Argentinian Central Bank recently announced that, with the assistance of non-traditional players such as fintech, the financial system is on the verge of achieving full coverage for the adult population.
Visa and Oxfam America to Explore Bringing Pre-Disaster Financial Support to the Philippines, Kenya, Colombia, and Puerto Rico
Visa recently teamed up with Oxfam America to serve as a payments partner in the Philippines, Columbia, Puerto Rico and Kenya.
Symbiotics Investments Supports Sustainable Agricultural and Climate-Adapted Financing in Ecuador by Arranging a Green Bond for Banco Solidario
With the issuance of this green bond, Banco Solidario will enhance sustainable agricultural and climate-adapted financing.
Fintech DiiMO Closes A $1.2 Million Investment to Drive Financial Inclusion in Central America
El Salvador’s fintech, DiiMO, is promoting financial inclusion in Central America with a successful Pre-Series A financing round.
Fintech Clara Launches Payment Account in Brazil Eyeing $1 B in Transactions
Latin American fintech Clara has launched a payment account in Brazil that it expects will help it reach $1.23 billion in transactions in 2024.
IFC and Protecta Security Announce Issuance of a $25 M Dollars Subordinated Bond to Increase Access to Insurance in Peru
The financing will help Protecta Security focus on lower-income segments through digital channels and the development of exclusive insurance products for women, a milestone in Peru.
Call for Applications: LAC Countries Promoting Income Generation for Financially Excluded People
The organization is looking to enter in up to eight new partnerships in 2024, including with socially-focused microfinance institutions, social enterprises, nonprofit organizations, and cooperatives.
IFC and DFC Invest in Pomona Impact Fund II to Foster Growth of SMEs, Strengthen Private Equity Markets in Central America
IFC and DFC's backing, with $7.5 million in equity investment from each institution, will enhance Pomona's support for SMEs in the agriculture, education, health, and water sectors, among others.
UNI2 Microcrédito Receives $3 Million Loan From Triodos Microfinance Fund and Triodos Fair Share Fund
The debt facility provided by Triodos Microfinance Fund and Triodos Fair Share Fund will enable UNI2 to further expand its loan portfolio in post-conflict areas of the country where poverty rates are high.