International Finance Corporation news and trends

Citi: FIs’ Role In Creating Resilient Global Trade Finance Initiatives
Banking // July 14, 2020

When Citigroup and the International Finance Corp. (IFC) teamed up more than a decade ago, the world remained in the midst of an economic crisis that hit small and medium-sized businesses (SMBs) in emerging markets especially hard. Their tie-up led to the creation of the...

IFC Places Confidence (And $10 Million) In Power2SME
B2B Payments // September 06, 2017

Months after first signaling plans for the investment, the International Finance Corporation (IFC) has placed $10 million in group buying site Power2SME. Reports Tuesday (Sept. 5) said the IFC, a member of the World Bank Group, had announced the equity investment in the company, which provides...

Turkish Iyzico, the Stripe of the Region, Raises $6.2 million
Acquiring // May 28, 2015

Iyzico, a Turkish payment service provider for apps and e-commerce, has just raised a $6.2 million Series B, bringing up its total to $9.4 million since launched in May 2012, Techcrunch reports. The round was lead by International Finance Corporation (IFC- of the World Bank...

Interviews & Exclusives
Citi: FIs’ Role In Creating Resilient Global Trade Finance Initiatives

July 14, 2020
When Citigroup and the International Finance Corp. (IFC) teamed up more than a decade ago, the world remained in the midst of an economic crisis that hit small and medium-sized businesses (SMBs) in emerging markets especially hard. Their tie-up led to the creation of the IFC’s Global Trade Liquidity Program. Since its 2009 debut, the […]

Quick Reads
IFC Places Confidence (And $10 Million) In Power2SME

September 06, 2017
Months after first signaling plans for the investment, the International Finance Corporation (IFC) has placed $10 million in group buying site Power2SME. Reports Tuesday (Sept. 5) said the IFC, a member of the World Bank Group, had announced the equity investment in the company, which provides small- and medium-sized businesses (SMBs) with a B2B eCommerce platform […]