International Finance Corporation

International Finance Corporation (IFC), established in 1956 and headquartered in Washington, D.C., is a member of the World Bank Group dedicated to private sector development in developing countries. The organization provides a range of financial and advisory services to foster economic growth across various sectors, including agriculture, infrastructure, manufacturing, healthcare, education, and technology. IFC invests in both direct projects and funds, focusing on emerging markets and prioritizing sustainability and inclusive development. It offers a diverse array of financial instruments, such as equity, loans, and quasi-equity products, while adhering to strict investment guidelines that exclude certain industries, such as weapons, tobacco, and gambling. IFC typically invests between $1 million and $100 million, supporting projects that are predominantly privately owned in member countries. The organization does not actively manage portfolio companies but seeks to exit investments through equity sales or public listings, often maintaining equity stakes for eight to fifteen years.

Wale Ayeni

Regional Head Africa Venture Capital

Paulo De Bolle

Director, Special Situations

Ali Demirci

Global Head, Venture Capital Funds

Andi Dervishi

Chief Investment Officer and Global Head, Fintech

Makhtar Diop

Managing Director

Imad N. Fakhoury

IFC Regional Director South Asia

Allen Forlemu

Regional Industry Director, Financial Institutions Group, Asia and Pacific

Stephanie Friedeburg

Vice President, Corporate Strategy and Resources

Mohamed Gouled

Vice President, Industries

Cheryl Hanway

Director

Saadia Khairi

Chief Risk Officer and Vice President

Rosy Khanna

Regional Industry Director for Financial Institutions in Asia-Pacific

Alfonso Garcia Mora

Regional Vice President for Europe, Latin America and the Caribbean

Vivek Pathak

Director and Global Head of Climate Business

Mary Peschka

Regional Director for Eastern Africa

Sergio Pimenta

Regional Vice President, Africa

Oumar Seydi

IFC Regional Director, Africa

Sarvesh Suri

Regional Industry Director, Infrastructure and Natural Resources

Dahlia Khalifa

Regional Director of Central Africa, Liberia, Nigeria and Sierra Leone

Past deals in Factoring

National Finance Company

Post in 2025
National Finance is a non-banking financial institution that specializes in providing a diverse range of financial solutions to both retail and corporate customers, with a particular emphasis on small and medium enterprises. The company offers various products, including vehicle finance, consumer durables finance, equipment finance, and corporate deposits. Additionally, National Finance provides factoring services and special financing schemes to meet the needs of its clients. With digital platforms in place, the company aims to enhance its service delivery and maintain a strong customer base.

Drip Capital

Debt Financing in 2024
Drip Capital Inc. is a financial technology company that specializes in providing credit solutions to small and medium enterprises (SMEs) involved in cross-border trade, particularly in developing markets. Founded in 2014 and headquartered in Palo Alto, California, with an additional office in Mumbai, India, Drip Capital offers a range of trade financing products, including invoice factoring, export finance, and receivables factoring. The company's innovative platform employs an automated risk assessment model, allowing SMEs to access working capital quickly and with minimal paperwork. By leveraging multiple data sources for transaction underwriting, Drip Capital aims to simplify the borrowing process, enabling businesses to obtain collateral-free loans and lines of credit to manage their inventory and fulfill purchase orders effectively. The company is supported by a team of professionals with backgrounds from prestigious institutions and has garnered backing from notable Silicon Valley investors.

Drip Capital

Debt Financing in 2023
Drip Capital Inc. is a financial technology company that specializes in providing credit solutions to small and medium enterprises (SMEs) involved in cross-border trade, particularly in developing markets. Founded in 2014 and headquartered in Palo Alto, California, with an additional office in Mumbai, India, Drip Capital offers a range of trade financing products, including invoice factoring, export finance, and receivables factoring. The company's innovative platform employs an automated risk assessment model, allowing SMEs to access working capital quickly and with minimal paperwork. By leveraging multiple data sources for transaction underwriting, Drip Capital aims to simplify the borrowing process, enabling businesses to obtain collateral-free loans and lines of credit to manage their inventory and fulfill purchase orders effectively. The company is supported by a team of professionals with backgrounds from prestigious institutions and has garnered backing from notable Silicon Valley investors.

Figopara

Seed Round in 2020
Figopara is a financial technology company that offers a supplier finance platform aimed at improving short-term financing for businesses. The platform allows customers to discount their e-invoices before they are due by leveraging offers from financial institutions. This service enables buyers to extend their payment terms easily, while suppliers can access their post-paid receivables immediately, thus enhancing their cash flow. By providing secure and relevant information about the customer's financial associations, Figopara facilitates a smoother transaction process, ultimately helping clients increase their working capital and profitability.

eFactorNetwork

Venture Round in 2018
E Factor Network provides electronic factoring financing services to the supply chain through their online electronic platform, with multi-bank, multi-currency funding. It is a multi-currency, multi-bank electronic factoring web platform for companies.

Demica

Series B in 2018
Demica Limited is a fintech company based in London, United Kingdom, specializing in working capital solutions for multinational corporations and banks. Established in 1990, the firm offers a software as a service (SaaS) platform that facilitates various financial programs, including trade receivables securitization, receivable portfolio purchases, factoring, invoice discounting, supply chain finance, and dynamic discounting services. Demica serves a diverse clientele across Europe, North America, and Asia, focusing on large corporates requiring financing facilities ranging from $50 million to over $750 million. The company also provides advisory services to help clients optimize their supply chain finance needs, collaborating with financial advisors, technology integrators, law firms, and banks to deliver tailored solutions. In addition to its London headquarters, Demica has an office in New York, enhancing its global reach.
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