IFC and Santander Brasil to Expand Access to Finance for Smaller Healthcare Providers, Boosting Brazil’s Health System
The $150 million financing package will allow the bank to expand its financing to doctors and healthcare micro, small, and medium enterprises for working capital and purchase of medical equipment.
IFC, Omni Support Truck Drivers, Immigrants, Refugees, and Micro-entrepreneurs in Brazil
The investment will increase Omni's capacity to assist their existing as well as new clients, thus supporting the private sector's recovery in the wake of the pandemic.
Brazil Central Bank Authorizes Tests of Facebook's WhatsApp Pay
Brazil’s central bank has authorized testing of payments via Facebook Inc’s messaging service WhatsApp in the country easing an outright ban on the service imposed last month.
IFC Provides $100M to Daycoval to Support SMEs Facing the Impacts of the COVID-19 Pandemic
This loan to Daycoval is being granted as part of IFC’s global response to combat the economic impacts of the COVID-19 pandemic.
Brazilian Fintech SuperSim, Which Focuses on Microlending, Secures $5.6 Million via Debt Financing
Like microlenders in other parts of the world, the company aims to democratize access to modern financial services, in order to promote financial inclusion.
Brazil: Nubank Partners With SoftBank-Backed Lending Fintech Creditas
Creditas’ products and services will be available on Nubank’s app in Brazil by the end of this year.
IFC, Banco Daycoval Support Smaller Businesses, Including Those Owned by Women, in Brazil
The financing package consists of $130 million from IFC's own-account and a $270 million syndicated loan from a group of 10 banks.
IFC, CRDB Bank Partner to Support Smaller Businesses, Job Creation in Burundi
Under the partnership, IFC has loaned $5 million to CRDB Bank Burundi S.A. for on-lending to smaller businesses, many of which struggle to access financing for growth, especially in the wake of the COVID-19 pandemic.