IFC

IFC to invest up to $15M in Indonesia’s Tawada Healthcare

The International Finance Corporation (IFC) said on Monday that it will invest up to $15 million in IDR equivalent in PT. Tawada Healthcare (Tawada Healthcare) to support the company's medical device and consumables distribution business while also enabling it to expand its manufacturing operations.

IFC doubles investments in Pakistan to $1.5B

IFC's projects in Pakistan aim to provide much needed jobs, increase productivity in the private sector, enhance gender inclusion, and address the impacts of climate change.

IFC & Indonesia’s FinTech platform Amartha partner to support women-owned micro-enterprises in Indonesia

The International Finance Corporation (IFC) and Amartha, an Indonesian microfinance fintech platform, have developed an innovative funding solution to boost access to finance for women-owned micro-enterprises.

IFC invests $500M in Bank BTPN to strengthen climate action and boost inclusive development in Indonesia

The International Finance Corporation (IFC), a member of the World Bank Group, will invest up to $500 million in Indonesian lender PT Bank BTPN Tbk (BTPN), comprising a social bond and a green bond issuance.

Gozem and IFC partner to empower 6,000 Moto-Taxi drivers in Togo and Benin

Gozem and IFC join forces to co-develop a $10 million project that will enable Moto-Taxi drivers in Togo and Benin to access affordable vehicle financing to purchase or rent bikes with the ultimate goal of increasing their take-home income. The project will also validate that electric bikes are a suitable replacement for the current petrol bikes and that…

Striking while the iron is hot: The Philippine venture scene is heating up and getting hotter

TechNode Global’s series on the Philippines will delve into why Filipino entrepreneurs and founders are attracting venture capital (VC) money in droves. In this second part, we explore the rise in Series B (and now, C) fundraising rounds out of the Philippines in 2021, and what it signals for the startup ecosystem as a whole. Seven founders share how much…

The PasarPolis Team

Indonesia InsurTech platform PasarPolis raises $5 million in equity financing from The World Bank Group’s IFC

PasarPolis aims to increase insurance penetration and literacy across the region, with plans to scale its Vietnam and Thailand markets this year.