IFC to invest $20 million in MSME lender FlexiLoans

Posted under: SMB
Date: 2024-12-04
IFC to invest $20M in MSME-focused NBFC FlexiLoans | Justo Global

Global development institution International Finance Corporation, a member of the World Bank Group, is considering equity investment of up to $20 million in India’s Epimoney Private Limited, the parent company of MSME-focused digital lending non-banking financial company (NBFC) FlexiLoans. By financing FlexiLoans’ growth, IFC aims to empower a larger number of MSMEs to access the capital they need to thrive, the financial institution said in a disclosure on Monday.

Read more at: www.financialexpress.com