How many investments has International Finance Corporation made?

International Finance Corporation has 67 tracked investments, 5 of which have exited, including 10 dated in the last 24 months.

What stage does International Finance Corporation invest at?

International Finance Corporation invests at the Series A, Series B, Series C, Growth, Late Stage stages.

Where is International Finance Corporation located?

International Finance Corporation is headquartered in Washington D.C., US.

Does International Finance Corporation lead rounds?

International Finance Corporation typically participates in rounds rather than leading them.

International Finance Corporation

Government fund

Washington D.C. · Series A–Late Stage · 24 people tracked

Also known as IFC · INTERNATIONAL FINANCE CORPORATION LTD

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Investment thesis

IFC focuses on unlocking private investment and creating markets in developing countries to end extreme poverty and boost shared prosperity. It supports the private sector across more than 100 nations by supplying capital, technical expertise, and global experience, and by mobilizing private capital. Priorities include job creation through high-growth firms, expanding access to power and internet, trade finance, SME lending, and financing climate-related and technology sectors that reduce pollution and mitigate extreme weather. As a member of the World Bank Group, it aims to help entrepreneurs turn ideas into engines of inclusive growth that create jobs and transform communities.

Invests inAdvanced Manufacturing AgTech Climate Tech EdTech Energy Fintech Healthtech Impact & Social Good PropTech Retail TechSector AgnosticAfrica Colombia Global Mexico Washington

Source: firm website, verified Sep 29, 2026.

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Stage

Series A–Late Stage

Washington D.C., US

Leads rounds

Follows

Instruments

Equity · Debt

Founded

1956

Last 12 months

7 investments

AUM

$71.7B

Tracked investments

Unicorns

IPOs

Acquisitions

Team · 24 people

from the firm's website & curated & public directories

Makhtar Diop· Managing Director, International Finance Corporation (IFC)· Washington DC-Baltimore Areain 𝕏

Makhtar Diop has served as Managing Director of the International Finance Corporation since March 2021, focusing on private sector-led development in emerging markets, with priorities including infrastructure, digital economy, healthcare, renewable energy, financial inclusion, and climate resilience. He previously held roles as the World Bank's Vice President for Infrastructure (2018–2021) and Vice President for Africa, and earlier served as Senegal's Minister of Economy and Finance, in addition to positions at the IMF and in banking. He holds economics degrees from the Universities of Warwick and Nottingham in England.

Alfonso García Mora· Vice President for Europe, Latin America and the Caribbean· Washington, District of Columbia, United Statesin 𝕏

Alfonso García Mora is IFC's Vice President for Europe, Latin America and the Caribbean, where he oversees the institution's engagements across both regions and works to build a pipeline for private sector investments. He previously served as IFC's Regional Vice President for Asia and the Pacific and held director roles at the World Bank, including Global Director of Finance, Competitiveness and Innovation, and earlier was a Partner and Managing Director at Analistas Financieros Internacionales (AFI). A Spanish national, he holds a PhD in Financial Economics from Universidad Autónoma de Madrid.

Elena Bourganskaia· Vice President of Strategy and Operations Support· Washington, District of Columbia, United Statesin

Elena Bourganskaia is IFC's Vice President of Strategy and Operations Support, overseeing corporate strategy, operations, environmental and social policy, and other corporate functions. She previously served as Chief of Staff to the IFC CEO/Managing Director and as Global Head of Municipal & Environmental Infrastructure, and joined IFC in 1998 as a Health Specialist. A Russian and American national, she holds a Master's in Public Administration from New York University and a Medical Doctor degree from Semashko Moscow Medical School.

Ethiopis Tafara· Regional Vice President for Africa· United Statesin

Ethiopis Tafara is IFC's regional Vice President for Africa, overseeing investment and advisory operations across the region. He previously held senior roles at the World Bank Group's Multilateral Investment Guarantee Agency and served as IFC's Vice President and General Counsel, and earlier directed the Office of International Affairs at the U.S. Securities and Exchange Commission. He holds a JD from Georgetown University Law Center and an AB from Princeton University.

Federico Galizia· Vice President and Chief Risk Officer· Washington, District of Columbia, United Statesin

Federico Galizia is IFC's Vice President and Chief Risk Officer, leading the organization's enterprise risk management framework and overseeing investment and credit risk, corporate risk policies, and special operations for distressed assets. An Italian national with over 25 years of experience, he previously served as Chief Risk Officer of the Inter-American Development Bank, Head of Risk and Portfolio Management at the European Investment Fund, Deputy Division Chief at the IMF, adviser to the European Investment Bank president, and began his career at McKinsey. He holds a Laurea and Master's in Economics from the University of Turin and a Ph.D. in Economics from Yale University.

John Gandolfo· Vice President and Chief Financial Officer· Washington DC-Baltimore Areain

John Gandolfo is Vice President and Chief Financial Officer at IFC, where he oversees financial strategy and reporting, debt and equity capital mobilization, blended finance, and investor relations. Over more than 30 years at the World Bank Group, he previously served as IFC's VP and Treasurer, as Director and Chief Investment Officer of the World Bank's Pension and Endowments Department, and in several treasury and investment management roles. He holds a BA from the University of Pennsylvania and an MBA from George Washington University.

Mohamed Gouled· Vice President, Products and Clients, IFC· London, England, United Kingdomin

Mohamed Gouled is IFC's Vice President for Products and Clients, overseeing client relationship management, private equity and venture capital operations, trade and supply chain finance, structured products, and new product development. A Djibouti national, he previously served as IFC Vice President for the Industries group and earlier as Vice President for Risk and Finance. He joined IFC in 1999 as an investment specialist in the financial markets unit for Sub-Saharan Africa and held various leadership roles, and before IFC worked at the African Development Bank in Abidjan.

Ramit Nagpal· General Counsel and Vice President (principal advisor overseeing IFC's Legal Department, Business Risk and Compliance Department, and Nominee Directorship Center)· United Statesin

Ramit Nagpal is a legal executive with more than thirty-five years of experience, serving as the principal advisor to IFC's leadership and Board on legal, business risk, and compliance matters. He previously held Deputy General Counsel roles at the European Bank for Reconstruction and Development and the Asian Development Bank, and worked in the private sector at American Express and as a partner at a large Indian law firm. He holds a Master of Laws in International Finance from Harvard Law School and bachelor's degrees in Law and Economics from the University of Delhi.

Sarvesh Suri· Regional Vice President for Asia and the Pacific· Asia and the Pacificin

Sarvesh Suri is IFC's Regional Vice President for Asia and the Pacific, overseeing investment and advisory operations across the region. He previously served as IFC's Regional Industry Director for Infrastructure and Natural Resources in Johannesburg, and earlier as Director at the Multilateral Investment Guarantee Agency (MIGA) covering climate, energy, extractives, and financial markets operations. He holds a Post-Graduate Diploma in Business Management from the Indian Institute of Management, Ahmedabad and a Bachelor's degree in Mechanical Engineering from Delhi University.

Dayle Hogg· Managing Director· London, England, United Kingdomin

Dayle Hogg joined Abingworth in March 2023 to support the operational capabilities of portfolio companies. He was previously COO of GammaDelta Therapeutics until its 2022 acquisition by Takeda, cofounder of Adaptate Biotherapeutics, COO of Kesios Therapeutics, and an investment manager at Touchstone Innovations, and he cofounded Lectus Therapeutics. He holds a degree in Pharmacology from the University of Leeds and a PhD in Pharmacology from the University of Oxford.

Mary-Jean Moyo· Chief of Staff to IFC's Managing Director Makhtar Diop· Washington, District of Columbia, United Statesin

Mary-Jean Moyo is Chief of Staff to IFC's Managing Director Makhtar Diop. She previously served as Regional Industry Director for Manufacturing, Agribusiness and Services in the Middle East and Africa, and earlier as Regional Head of Industry for the same sector in Latin America and the Caribbean. Before IFC, she worked with commercial banks in Zimbabwe, the central bank in Botswana, and pan-African private equity funds as Vice President for Financial Institutions; she holds a Master's in Banking and Finance from the University of Wales and a Bachelor's in Economic History from the University of Zimbabwe.

Aaron Pollock· Vice President and General Counsel· Leesburg, Virginia, United Statesin

Partner who joined SWaN in 2013, focusing on sourcing and structuring consumer investments, KPI reporting and fund valuations. Previously an analyst at investment bank Grace Matthews.

apollock@swanandlegend.com

Adele Teh· Young Professionals Program· Singaporein

Amit N. Thakker· Strategic Advisor for EPiHC· Greater Bostonin

Healthcare expert with over 30 years of experience in health service delivery, health financing, and health policy formulation. He is Executive Chairman of Africa Health Business, President of Africa Healthcare Federation, and serves as director for multiple healthcare organizations, bringing deep sector expertise to AAIC's healthcare focus.

Levan Shalamberidze· East Asia Equity Lead, Financial Institutions· Singaporein

Levan Shalamberidze is the East Asia Equity Lead for Financial Institutions at IFC – International Finance Corporation. His work covers the development, structuring, and management of investments, with a focus on financial institutions, FinTech, private equity, and venture capital. He has also served as an early-stage investor and as a board member and advisor.

Melissa Danforth· Strategic Advisor for EPiHC· Bostonin

Min Joo Kim· Vice President of Industries· Menlo Parkin

Min Joo Kim joined Abingworth's Menlo Park office in December 2025, working with the transatlantic team to source new investment opportunities and support existing portfolio companies. She earned a PhD in Biomedical Sciences from UCSF, an MS in Prevention Medicine from Stanford University, and a BA in Molecular Biology from Pomona College, with research centered on neuroimmunology and lipid biology in Alzheimer's disease. Before Abingworth, she held venture fellowships at Novo Holdings and Insight Partners and served as a business development consultant for Mirum Pharmaceuticals.

Tomi Ajayi· Agribusiness Investments· Nigeriain

Wen Kang Wong· Growth Equity Investor· Singaporein

Founder mafia

The International Finance Corporation mafia →

25 people who came through International Finance Corporation went on to found or lead other companies.

Ciku MugambiAssociate Investment OfficerFounded Kobo360 Thuan LeProgram AssociateFounded Electric Capital Evgeny ShadchnevAdvisorFounded Makers Rajashree 'Raji' BaskaranAdvisorFounded Project Karna Julio MartinezPrivate Equity Consultant (Washington, D.C.)Founded Abacum Pranay ShettyInvestment ProfessionalFounded Sei AI Kuassi Jimmy KumakoConsultant in Finance, Competitiveness and InnovationFounded Moneco Mary SaraccoInvestment Professional at World Bank GroupFounded Ping Hannah ChungEconomic and Market Research GroupFounded OneTriangle Karl ChanPrivate Equity/Credit in TMT - GlobalFounded Sourcy Vitor Asseituno 宋伟明In-Country Senior LiaisonFounded Sami Adham AzzamSenior Investment OfficerFounded BALAD CORP

+ 13 more →

What they invest in

from 54 of 67 portfolio companies

Fintech ×18Logistics & Supply Chain ×13Enterprise Software ×12Consumer ×9E-commerce ×9Mobility & Transportation ×9AI & Machine Learning ×8SaaS ×8

HQs:United States×13India×11Nigeria×4Brazil×3Bangladesh×2Egypt×2

Investments · 67 tracked

founders shown can be your intro path

By year:2026 · 3 2025 · 7 2024 · 2 2023 · 9 2022 · 1 2021 · 3 2020 · 2 2019 · 2 2018 · 2 2017 · 5 2016 · 1 2015 · 240 dated

Courseracoursera.org in 𝕏NYSE: COURJul 2013

Coursera is an online learning platform offering courses, certificates, and career programs from universities and companies such as Google.

EdTechEnterprise SoftwareFuture of WorkMarketplacesSaaSMountain View, US

Daphne Koller(Founder)in Andrew Ng(Co-founder)in Richard Levin(Chief Executive Officer)Andrew Y. Ng(Founder)in

Board Dan Avida(Director)Scott Sandell(Director)in

Co-investors1802 Ventures Align Ventures Allied Venture Partners Alpha Partners BVP Investors Felicis Ventures +16 more

Avanse Financial Servicesavanse.com in 𝕏✓ verified

Avanse Financial Services is a non-banking financial company (NBFC) in India that provides education financing, including student loans and funding for educational institutions.

EdTechFintech

Amit Gainda in

Co-investorsWarburg Pincus

Boston Metalbostonmetal.com in✓ verified

Boston Metal develops Molten Oxide Electrolysis (MOE), an electrified process for producing steel and other metals from a range of oxide feedstocks without direct emissions.

Advanced ManufacturingCleantechClimate TechNew MaterialsWoburn, US

Donald Sadoway(Founder)inAntoine Allanore(Founder)Tadeu Carneiro(CEO)inJames Yurko(Founder)

Co-investorsBreakthrough Energy Ventures Climate Investment Prelude Ventures BMW i Ventures Energy Impact Partners Fine Structures Ventures +8 more

Pharos Holdingpharosholding.com in✓ verified

Pharos Holding is a Cairo-based investment firm established in 2004 that specializes in tech-enabled non-banking financial service providers in Egypt, including nano-lending and education-focused consumer lending platforms.

Enterprise SoftwareFintechImpact & Social GoodCairo, EG

Elwy Taymour(CEO and board member)in

Co-investorsPlanet N Group of Companies

Pulapula-advisors.com in 𝕏✓ verified

Pula is an investment and advisory firm that operates an accelerator program in partnership with Nigeria's Sovereign Investment Authority, supporting early-stage ventures in climate resilience, agricultural technology, insurance technology, and regulatory technology across African markets.

AgTechClimate TechInsurTechNairobi, ZA

Thomas Njeru(Co-Founder and CEO)in Rose Goslinga(Co-Founder and President)in

Co-investorsAccion Bill & Melinda Gates Foundation Mulago Foundation TLcom Capital

Salmonsalmon.ph in✓ verified

Salmon is a consumer finance app offering credit, loans, and savings products through a single mobile app for Filipino consumers, including underbanked and unbanked adults.

ConsumerDigital HealthFintechManila, PH

Pavel Fedorov(Founder)inGeorge Chesakov(Founder)Raffy Montemayor(Founder)

Co-investorsADQ Antler TNBAura FJ Labs

Scanntechscanntech.com.br in✓ verified

Scanntech develops data and analytics solutions for the consumer packaged goods ecosystem, serving supermarkets and regional wholesale/cash-and-carry retailers with market-reading data and managerial reports.

AI & Machine LearningData & InfrastructureRetail Tech

Raul Polakof(Co-fundador e CEO)in Benny Szylkowski(Co-fundador e Presidente Global do Varejo)in Soledad Fernandez(Co-fundadora e CTO)in Thomaz Machado(CEO Brasil)in

Co-investorsWarburg Pincus Endeavor Catalyst Sequoia Capital

1Mg1mg.comJun 2019Acquired

This is a product listing page on an online pharmacy for Tugain Twins 5 Solution, a topical minoxidil-based medicine sold to treat hair loss and promote hair regrowth.

Digital HealthE-commerceHealthtechIndia, IN

Gaurav Agarwal(Founder)Prashant Tandon(Founder)Vikas Chauhan(Founder)

Co-investorsHBM Healthcare Investments HBM Partners Kae Capital Leo Capital Ventures Peak XV Partners Spring Marketing Capital +3 more

212212.vc in 𝕏Apr 2024 · $13M

212 is a venture capital firm that invests in B2B technology startups, providing capital and a global network to help founders expand internationally, with a focus on emerging markets.

Enterprise Software

Numan Numan(Founder)in

Co-investorsSimya VC Yildiz Ventures

AND Globaland.global in 𝕏

AND Global provides fintech-as-a-service solutions including AI-powered credit scoring, digital wallets, e-commerce, and digital lending systems for financial service providers and businesses.

AI & Machine LearningFintechUlaanbaatar, SG

Anar Chinbaatar(CEO)in

Co-investorsMarubeni SBI Ven Capital Techstars SBI Holdings

ANKAanka.africa in 𝕏Sep 2023 · $5M

ANKA is an e-commerce platform for African entrepreneurs to sell products and services worldwide, offering an online shop, cross-border payment collection (Mobile Money, Visa, Mastercard, bank transfer), and international shipping with customs management.

E-commerceFintechLogistics & Supply Chain

Co-investorsConsonance Investment Managers Rising Tide Africa (RTA)Saviu Ventures VestedWorld Bpifrance Proparco

Anveshananveshan.farm in 𝕏

Anveshan sells traditionally processed food products including A2 desi cow ghee, wood-pressed cooking oils, honey, and stone-ground flours (atta), sourced from native regions across India.

ConsumerDirect to ConsumerFoodTechBengaluru, IN

Aayushi Khandelwal(Founder)in Akhil Kansal(Founder)in Kuldeep Parewa(Founder)in

Co-investorsLok Capital Mars Shot Ventures Titan Capital Vertex Ventures Sea Management Pte. Ltd.We Founder Circle Global Angels Fund Vertex Ventures

Apollo Healthapollo.com in 𝕏Defunct

Apollo is a global asset management and financial services company that manages capital across alternative and traditional investments, including credit, private equity, and insurance solutions for institutional and individual investors.

ConsumerEnterprise SoftwareFintechTravel & Hospitality

Ran Ma(Founder)in Brad Menezes(Founder)in

Co-investorsBLN Capital MidCap Financial Investment Y Combinator

ARC Ridearcrideglobal.com in

Novastar Fund III (NVIII) portfolio company.

Karl Boyce(Founder)in

Co-investorsNovastar Ventures British International Investment Mirova Norrsken22 Proparco

Axiataaxiata.com in 𝕏

Axiata is a telecommunications and digital company operating a portfolio of digital telcos, infrastructure assets, and technology businesses across Asia.

Cloud ComputingDigital HealthEnterprise SoftwareSector Agnostic

Co-investorsKhazanah Nasional

Bizongobizongo.com in 𝕏Oct 2023 · $50M

Bizongo provides a B2B supply chain digitization platform and working capital solutions for enterprises and their vendor businesses in India.

AI & Machine LearningB2B MarketplacesFintechLogistics & Supply ChainSaaS

Aniket Deb(Founder)in Sachin Agrawal(Founder)in Ankit Tomar(Founder)in

Co-investorsAccel AddVentures by SCG Alexander Geza Marcus Pejacsevich Chiratae Ventures Fundamentum Liquidity Capital +9 more

Blackbuckblackbuck.com inJul 2021

BlackBuck operates a technology platform for the trucking industry.

B2B MarketplacesLogistics & Supply ChainSaaSBangalore, IN

Rajesh Yabaji(Founder)in Chanakya HRidaya(Executive Director and COO)in Ramasubramaniam B(Founder)in Satyakam G N(Chief Financial Officer)inChanakya Hridaya(Founder)Ramasubramanian B(Founder)

Co-investorsAccel B Capital Group B4 Capital Evolution VC Partners Pay It Forward - PIF Peak XV Partners +13 more

Boltbolt.eu in 𝕏

Bolt operates a European mobility super-app offering ride-hailing, shared cars, e-scooters, and food and grocery delivery, along with on-demand parcel delivery.

Logistics & Supply ChainMarketplacesMobility & TransportationTallinn, EE

Eric Feldman(Founder)Markus Villig(Founder)Martin Villig(Founder)Oliver Leisalu(Founder)Ryan Breslow(Founder)

Co-investorsAkka BADideas.fund CSVE Venture Partners G Squared Korelya Capital Pejoni+23 more

Breadfastbreadfast.com in 𝕏Feb 2026 · $50M

Breadfast is a delivery app offering groceries, fresh bakery items, fruits and vegetables, ready-to-eat meals, beauty, pharmacy, and household products, along with financial features like cashback and rewards.

ConsumerE-commerceFoodTechLogistics & Supply ChainMobility & TransportationCairo, EG

Muhammad Habib(Founder)inAbdallah Nofal(Founder)inMostafa Amin(Founder)inAbdullah Nofal(Founder)Madonna George(Senior Tech Recruitment Specialist)

Co-investors4DX Ventures 500 Global Outliers VC Pioneer Shorooq Partners Vershina Capital +16 more

Catalyst Fundthecatalystfund.com in 𝕏

The Catalyst Fund operates a Circle of Investors comprising 250+ emerging market-focused tech investors committed to backing founders building resilient solutions.

Impact & Social GoodSector Agnostic

Co-investorsFSD Africa Investments Blink Impact Shell Foundation Speedinvest

Chaldalchaldal.com 𝕏Series A

Chaldal.com is an online grocery and necessities delivery service available in Dhaka, Jashore, and Chattogram.

B2B MarketplacesConsumerE-commerceFoodTechLogistics & Supply ChainDhaka, BD

Waseem Alim(CEO)inZia Ashraf(Founder)in Tejas Viswanath(CTO)in

Co-investors500 Global Beresford Ventures Metaplanet Razor Capital Startup Bangladesh Xploration Capital +18 more

Chongho Bridgechongho.netOct 2023

Zhongho Nongxin (中和农信) provides rural financial and community services to farmers and rural households across China, with operations covering over 100,000 villages in more than 500 counties across 21 provincial-level regions.

AgTechFintechImpact & Social Good

Co-investorsTeachers' Venture Growth Sequoia Capital

Claraclara.co.jp in 𝕏Nov 2025 · $70M

Clara Online operates hosting, cloud, and internet infrastructure services.

B2B MarketplacesCloud ComputingMobility & TransportationTokyo, JP

クララオンライン創業者(CEO)Kentaro Iemoto(代表取締役社長 (President & CEO))

Co-investorsInclusion Japan BBVA SPARK Citi Ventures Covalto General Catalyst Kaszek Ventures

Claraclarafinds.comNov 2025 · $70M

Clara builds machine learning tools for enterprise users to automatically categorize companies, extract relationship information from news articles, and score companies based on collected data.

AI & Machine LearningData & InfrastructureEnterprise SoftwareSaaS

Co-investorsKickstart Innovation BBVA SPARK Citi Ventures Covalto General Catalyst Kaszek Ventures

Contabilizeicontabilizei.com.br inSeries C · Jan 2019 · $20M

Contabilizei offers automated bookkeeping and accounting services in Brazil.

Grand Cayman

Fabio Caetano Andrade Bacarin(Director)Vitor Torres(Founder)inFabio Bacarin(Founder)

Board Pedro Sirotsky Melzer(Director)in Hernan Kazah(Director)in

Co-investorsBeta Ventures Caravela Capital Curitiba Angels Kaszek Ventures PruVen Capital Partners Quona Capital +6 more

creditascreditas.com in 𝕏Series B · Feb 2017 · $19M

Creditas is a Brazilian financial platform offering secured loans (using vehicles or real estate as collateral), payroll loans, auto and home financing, insurance, and flexible employee benefits.

ConsumerFintechInsurTech

Sergio Furio(Founder)inPavel Hubáček(Founder)

Co-investors1Crowd Amadeus Capital Partners Headline Headline Growth Management, LLC Kaszek Ventures Lightrock +15 more

Csquaredcsquared.com in 𝕏Nov 2023

CSquared deploys wholesale open-access broadband infrastructure across African countries, enabling mobile network operators and internet service providers to deliver faster and more reliable connectivity services to end users.

Cloud ComputingUganda, ZA

Co-investorsConvergence Partners

CY Visioncyvision.com inMay 2021

CY Vision builds 3D augmented-reality head-up display (AR HUD) technology for vehicles, delivering true 3D imagery across multiple depth planes with a wide field of view while running on existing vehicle compute and sensor systems.

Deep TechHardwareMobility & Transportation

Co-investorsIntel Capital Revo Capital Vestel Ventures

Dolidoldolidol.ma

Dolidol is a Moroccan company that manufactures and sells home goods or household products with services including free delivery, extended warranty up to 25 years, and customer support available 5 days a week.

Consumer

Co-investorsDevelopment Partners International Proparco

Fibefibe.in inDec 2025 · $35M

Fibe is an India-based digital lending company that provides consumer loans and financial products through its platform.

AI & Machine LearningConsumerFintech

Ashish Goyal(Founder)in Akshay Mehrotra(Founder)inAshish Sohan Goyal(Founder)

Co-investorsChiratae Ventures Creation Investments Capital Management Norwest Venture Partners Trifecta Capital Advisors Eight Roads Ventures First Imagine!

Filmmakers Martfilmmakersmart.com

A marketplace for filmmakers to find reliable services for film and TV productions.

Co-investorsFuture Africa Nairobi Business Angel Network Sony Ventures Corporation

First Circlefirstcircle.ph in 𝕏

First Circle is a Philippine fintech building a full-stack neobank for small and medium enterprises, providing financing, cash-flow management tools, and rooftop solar solutions.

Enterprise SoftwareFintechSaaSTaguig, PH

Patrick Lynch(Founder)inJorrit Koop(Founder)inPatrick Lynch Tony Ennis(Founder)Tony Ennis(Founder)

Co-investors500 Global Accion Insignia Ventures Partners Maiora Rebel Ventures Spiral Ventures Venturra +3 more

Flyer One Venturesflyerone.vcJul 2025

Flyer One Ventures is an early-stage venture capital fund that invests up to €1.5M at the pre-seed and seed stages in CEE and Ukrainian founders building the application layer of global software.

Sector Agnostic

Co-investorsVershina Capital EBRD

Galatea Biogalatea.bioMar 2025 · $8M

Genomics company building a multi-ancestry biobank and AI-driven analytics for clinical genetic testing and drug discovery.

HealthtechMiami Lakes, US

Carlos D. Bustamante(Executive Officer, Director)inArthur Polk(Executive Officer)Alexander Ioannidis(Director)

Board Wale Ayeni(Director)inMohit Kaushal(Director)Nicholas Katsanis(Director)

Co-investorsCEI Ventures Citta Capital F-Prime Capital Founder Collective Function Ventures Helios Digital Ventures +4 more

Husk Power Systemshuskpowersystems.com in 𝕏Oct 2023 · $43M

Husk Power Systems operates a distributed energy resources (DER) platform that deploys solar and battery storage to deliver clean electricity to communities, commercial and industrial enterprises, and households across Africa and Asia.

CleantechClimate TechEnergyFort Collins, US

MANOJ SINHA(Executive Officer, Director)inBRAD MATTSON(Director)MARKUS WILKENS(Director)LOIC DE FONTAUBERT(Director)MONISOLA OLAREWAJU(Director)

BoardPRADEEP PURSNANI(Director)

Co-investorsDraper Associates Cisco Investments Draper Fisher Jurvetson (DFJ)FMO Proparco Shell Ventures

iyzicoiyzico.com in 𝕏Series B · May 2015 · $6M

iyzico provides online payment infrastructure for both buyers and merchants, enabling businesses to accept payments and offering consumers secure checkout with a "Pay with iyzico" option and campaigns.

E-commerceFintechSaaS

Barbaros Ozbugutu(Founder)Tahsin Isin(Founder)

Co-investorsHansmann Family Office VEF 212 Prosus Ventures Speedinvest

Jumiajumia.com in 𝕏

Jumia operates a pan-African e-commerce platform whose marketplace connects sellers to consumers across 8 countries in Africa, supported by its proprietary logistics arm, Jumia Logistics.

E-commerceLogistics & Supply ChainMarketplacesIkeja, NG

Tunde Kehinde(Founder)inJérémy Hodara(Founder)Raphael Afaedor(Founder)Sacha Poignonnec(Founder)

Co-investorsUnicorn Growth Ventures Global Founders Capital Summit Partners

Kazamkazam.in in 𝕏Jun 2025 · $6.2M

Kazam builds infrastructure systems that connect energy, technology, and operations to support the shift to electric mobility.

CleantechEnergyMobility & TransportationBengaluru, IN

Paras Shah(Founder)inAkshay Shekhar(Founder)Vaibhav Tyagi(Founder)

Co-investorsAvaana Capital LVX Ventures Vertex Ventures Sea Management Pte. Ltd.We Founder Circle Global Angels Fund Alteria Capital IPV +3 more

Kobo360kobo360.com in 𝕏SeedDefunct

Kobo360 operates a platform connecting manufacturers and cargo owners with truck operators for freight movement across Africa, using data analytics and AI to optimize routing, reduce delivery inefficiencies, and provide supply chain visibility.

Enterprise SoftwareLogistics & Supply ChainLagos, NG

Ife Oyedele II(Founder)inObi Ozor(Founder)inOzor Obiora Mathias(Executive Officer, Director)Olusegun Owoade(Chief Risk Officer)in

BoardOlawale Ayeni(Director)Omobola Johnson(Director)in

Co-investorsAsia Africa Investment & Consulting (AAIC)Future Africa The Raba Partnership TLcom Capital V8 Capital Partners Y Combinator +8 more

Konfiokonfio.mx in 𝕏Series B · Oct 2017 · $10M

Konfío is a Mexican financial services company operating as a non-regulated multiple-purpose financial entity (SOFOM), providing lending and financial products supervised by Mexico's National Banking and Securities Commission.

FintechGrand Cayman, MX

Francisco Padilla(Founder)inDavid Arana(Founder)in

Co-investors500 Global Accion Fara IGNIA Kaszek Ventures Lightrock +7 more

Kuku FMkukufm.comSep 2023 · $25M

Indian mobile-first entertainment company operating the Kuku FM audio app and the Kuku TV microdrama video platform.

Vinod Kumar Meena(Founder)inLal Chand Bisu(Founder)inVikas Goyal(Founder)

Co-investors3one4 Capital Granite Asia India Quotient V3 Ventures Vertex Ventures Sea Management Pte. Ltd.Fundamentum +2 more

LMRKTSlmrkts.com 𝕏acquired by Capitolis

Capitolis is a financial technology company that provides capital markets solutions to reduce risk and improve capital efficiency for global and regional banks and institutional investors.

Enterprise SoftwareFintechSaaSNew York, US

Lucio Biase(Executive Officer)

BoardHilary Park(Executive Officer)

Co-investorsMotive Partners

Mandaêmandae.com.brMay 2018Acquired

Brazilian e-commerce logistics platform that aggregates carriers to pick up, cross-dock and deliver parcels nationwide.

Co-investorsFJ Labs Kima Ventures MONASHEES Valor Capital Group Mercado Libre Fund Performa Investimentos +2 more

Mintifimintifi.comMar 2023 · $110M

Mintifi is a supply chain financing platform that offers inventory financing, smart term loans, and short-term working capital loans to enterprises and their distribution networks.

Enterprise SoftwareFintechLogistics & Supply Chain

Ankit Mehta(Founder)inAnup Agarwal(Founder)Sanjoy Shome(Founder)

Co-investorsElevation Capital Lok Capital Norwest Venture Partners Premji Invest Prosus Ventures Teachers' Venture Growth

Moglixmoglix.com in 𝕏Jul 2017

Moglix is an Asia-based B2B e-commerce marketplace for procurement of industrial supplies, including MRO, safety, electricals, lighting, cleaning, office supplies, and power tools.

Advanced ManufacturingB2B MarketplacesE-commerceLogistics & Supply ChainSingapore, SG

Rahul Garg(Founder & CEO)in Sandeep Goel(MD & COO)in Amit Kumar(MD & CBO)in Sanjeev Arora(Chief Financial Officer)in

Co-investorsAccel Jungle Ventures Alpha Wave Global Next Billion Capital Partners Peak XV Partners Rocketship.vc +5 more

Moniepointmoniepoint.com in 𝕏Oct 2025 · $200M

Moniepoint provides banking, payments, credit, and cross-border payment services along with business management tools for African businesses and individuals, with a focus on MSMEs.

Enterprise SoftwareFintechSaaS

Felix Ike(Founder)inTosin Eniolorunda(Founder)in

Co-investorsCapria Ventures Development Partners International LeapFrog Investments New Voices Oui Capital QED Investors +8 more

Nexford Universitynexford.edu in 𝕏Sep 2022

Nexford University is an accredited online university offering competency-based bachelor's and MBA programs designed around employer-demanded skills, with lower tuition and faster, flexibly paced graduation than traditional institutions.

AI & Machine LearningEdTechImpact & Social GoodWashington, US

Co-investorsAngaza Capital Bisk Ventures Doha Tech Angels Future Africa Future of Learning Fund Global Ventures +2 more

Nurunuru.cd inJul 2023 · $40M

Nuru builds and operates solar-based mini-grids to provide electricity in the Democratic Republic of Congo, including a 1.3MW solar hybrid site in Goma described as the largest off-grid mini-grid in sub-Saharan Africa.

CleantechEnergyImpact & Social GoodGoma, CD

Archip Lobo(Founder)in

Co-investorsAster Capital E3 Capital Proparco

Onsitegoonsitego.com in 𝕏

Onsitego provides device protection plans and repair or maintenance services for consumer electronics and appliances.

ConsumerInsurTechRetail TechMumbai, IN

Kunal Mahipal(Founder)in

Co-investorsAccel

Power2SMEpower2sme.com inSep 2017

Buying club for manufacturing SMEs.

Debabrata Majumdar(Founder)R Narayan(Founder)Snehashish Bhattacharjee(Founder)

Co-investorsAccel Athera Venture Partners Inventus Capital Partners Kalaari Capital

Printivoprintivo.com in 𝕏Seed · Oct 2015

Printivo is an online print-on-demand platform that enables customers in Nigeria to order custom-printed products ranging from marketing materials and stationery to apparel, bags, and promotional items, with options to upload designs or use free templates.

Advanced ManufacturingB2B MarketplacesDirect to ConsumerE-commerceMarketplacesRetail TechLagos, NG

Co-investorsVentures Platform EchoVC Partners Helios Digital Ventures

Quadricquadric.ai in 𝕏

Quadric builds AI inference technology for edge devices, drawing on its team's background in processor IP and AI software.

AI & Machine LearningDeep TechHardwareSemiconductors

Daniel Firu(Founder)Nigel Drego(Founder)Veerbhan Kheterpal(Founder)

Co-investorsCota Capital Pear VC Silicon Catalyst Trucks VC Uncork Capital Leawood Venture Capital Llc

Ravalraval.co.il

Raval is a manufacturer specializing in precision plastic injection molding for automotive applications, with a strong presence in emission control, battery, and pressure regulation systems for traditional and electric vehicles.

Advanced ManufacturingCleantechHardwareMedical DevicesMobility & TransportationRaval, IL

Co-investorsFIMI Opportunity Funds

Remitlyremitly.com in 𝕏Apr 2016 · $38M

Remitly is an international money transfer service that enables customers to send money across borders to multiple countries.

FintechSeattle, US

Joshua Hug(Executive Officer, Director, Promoter)Matt Oppenheimer(Founder)inHilton Hewitt(Executive Officer)Andrew Larson(Executive Officer)Josh Hug(Founder)Matthew Oppenheimer(Founder)

Co-investorsDN Capital G2C Venture Partners Prime Ventures Princeville Capital QED Investors Scalare Partners +11 more

Rideride.lifeSep 2026 · $33.3M

Life Ride offers non-emergency medical transportation with door-to-door assistance for people with mobility challenges, including wheelchair users and those recovering from injury.

HealthtechLogistics & Supply ChainMobility & TransportationLivingston, US

Co-investorsKli Capital British International Investment Mirova Norrsken22 Novastar Ventures Proparco

ShadowFaxshadowfax.in in 𝕏Feb 2024 · $100M

Shadowfax operates a logistics and delivery network in India, using a crowdsourced fleet of trucks, delivery partners, and agents to provide same-day and next-day courier and delivery services.

AI & Machine LearningE-commerceLogistics & Supply Chain

Abhishek Bansal(Founder)inPraharsh Chandra(Founder)in

Co-investorsNewBuild.VC NGP Capital Qualcomm Ventures Titan Capital Trifecta Capital Advisors Eight Roads Ventures +2 more

Tembicitembici.com.br in 𝕏

Tembici operates bike-sharing systems (branded Bike Itaú, BA Ecobici, and others) offering standard and electric bikes unlocked via a mobile app for urban mobility.

CleantechImpact & Social GoodMobility & Transportation

Tomás Martins(Founder)in

Co-investorsBlue like an Orange Sustainable Capital Crescera Capital Valor Capital Group Itaú Redpoint eventures

Trade Depottradedepot.coSeries B · Jul 2020 · $10M

San Francisco, US

Michael Ukpong(Founder)inRuke Awaritefe(Founder)Chukwunenye Onyekachi Izukanne(Executive Officer, Director)Onyekachi Izukanne(Founder)inMichael Ojo(Founder)Michael Ubadineke(Founder)

Co-investorsMSA Novo Partech Ventures Sahel Capital Helios Digital Ventures Novastar Ventures

Truck Lagbetrucklagbe.com inSep 2021

Truck Lagbe is an app-based online truck-rental platform that connects truck owners and drivers directly with shippers, offering booking with GPS tracking.

Logistics & Supply ChainMarketplacesMobility & Transportation

Co-investorsBetatron Venture Group Colopl Next Mount Parker Ventures RC Ventures Seedstars Shorooq Partners +1 more

Vayanavayana.com in 𝕏Jun 2026

Vayana is a digital platform that provides trade credit and liquidity solutions for supply chain participants by connecting buyers, sellers, and financial institutions to enable affordable, accessible financing for businesses at all supply chain levels.

B2B MarketplacesEnterprise SoftwareFintech

Co-investorsChiratae Ventures Incubate Fund Jungle Ventures March Capital Partners Trifecta Capital Advisors SMBC Asia Rising Fund

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

Fundamentum Health PlatformsKoinMoviiredPatternAg, Inc.Seaborn Networks Holdings

Exits · 5

2 IPOs · 3 acquisitions · showing 2

CourseraNYSE: COURLMRKTSacq. by Capitolis

Portfolio news

latest coverage across their companies

Coursera - Wikipedia

Coursera · en.wikipedia.org · Sep 22, 2026

Kenya’s ARC Ride secures $33.3m financing to scale electric mobility infrastructure - Disrupt Africa

ARC Ride · disruptafrica.com · Sep 9, 2026

Moniepoint Raises $200M Series C

Moniepoint · thesaasnews.com · Jul 28, 2026

Quadric Extends Series C to $46M with Second Close led by World Bank's IFC | Quadric

Quadric · quadric.ai · Jul 14, 2026

Boston Metal Raises $75 Million to Scale Critical Metals Business

Boston Metal · globenewswire.com · May 20, 2026

Salmon raises $100m to fuel Philippines expansion

Salmon · fintech.global · Apr 21, 2026

Ukrainian VC Flyer One Ventures announces €50 million to support startups across CEE | EU-Startups

Flyer One Ventures · eu-startups.com · Jul 10, 2025

IPO stake values · per SEC filings

Value of this firm's stake in each portfolio company at its IPO price, from the prospectus principal-stockholder table.

Company	Owned	IPO price	At IPO	Stake value
Coursera	—	$33.00	Mar 2021	$29.5M

Source: SEC S-1 / 424B prospectus filings. Stake value = shares beneficially owned × the initial public offering price, as disclosed — a market value at IPO, not a return multiple (the firm's original cost is not disclosed).

Frequently asked questions

How many investments has International Finance Corporation made?: International Finance Corporation has 67 tracked investments, 5 of which have exited, including 10 dated in the last 24 months.
What stage does International Finance Corporation invest at?: International Finance Corporation invests at the Series A, Series B, Series C, Growth, Late Stage stages.
What sectors does International Finance Corporation focus on?: International Finance Corporation focuses on Advanced Manufacturing, AgTech, Climate Tech, EdTech, Energy, Fintech, Healthtech, Impact & Social Good, PropTech, Retail Tech, Sector Agnostic.
Where is International Finance Corporation located?: International Finance Corporation is headquartered in Washington D.C., US.
Does International Finance Corporation lead rounds?: International Finance Corporation typically participates in rounds rather than leading them.

Media · Podcasts & interviews

featuring the team

MD International Finance Corporation Makhtar Diop Visits Pakistan | Breaking News

BOL News · Makhtar Diop

Elena Bourganskaia | Cities around the world are growing by 65 million people every year. We’re live in London with Elena Bourganskaia, IFC’s Global Head of Cities and... | By IFC - International Finance Corporation

Elena Bourganskaia · facebook.com

Rethinking Risk: Mobilizing Insurance Capacity for Development Finance

International Finance Corporation

Dee Dee Bridgewater on Music, Mentoring, and Uplifting Women in Jazz

International Finance Corporation

Transforming Sierra Leone’s Flour Industry

International Finance Corporation

10th WBG Global Education Conference | Madrid 2026 Highlights

International Finance Corporation

Images

Co-investors · 4

Novastar Ventures

Novastar Ventures is a venture capital firm backing entrepreneurs transforming markets and sectors across Africa, with a focus on positive impact for people and planet.

Both backed · 5

ARC Ride Breadfast Moniepoint Ride Trade Depot

Helios Digital Ventures

Helios Investment Partners is an Africa-focused private investment firm operating since 2004, investing across private equity, climate, and digital ventures strategies. Helios Digital Ventures is its arm backing scalable digital champions in Africa.

Both backed · 3

Galatea Bio Printivo Trade Depot

Partech Ventures

Partech is a global venture capital firm supporting founders across multiple continents and investment stages through dedicated teams and funds.

Both backed · 1

Trade Depot

$200K – $50M

F-Prime Capital

F-Prime Capital is an early-stage-focused investment firm backing companies across life sciences, technology, healthtech and services, and crypto.

Both backed · 1

Galatea Bio

$3M – $10M

Firms observed investing alongside International Finance Corporation, from public investor directories. Shared companies are the overlap with International Finance Corporation's recorded portfolio.

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