THE International Finance Corp. , the largest global development institution focused on the private sector in emerging markets and a member of the World Bank Group, has invested $7 million into First Circle, a pioneering technology company providing smart banking solutions to small and medium enterprises in the country. International Finance Corp.
was joined by Endeavor Catalyst and Fasanara Capital, as well as existing investors Insignia Ventures Partners and Accion.'We are thrilled to welcome IFC, the pre-eminent investor in emerging market financial services, as new shareholders at this terrific inflection point in our company's expansion,' First Circle CEO Patrick Lynch said.
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