October 01, 2018 BY Valentina Kirilova

IFC and Demica to unlock $9.8 billion for distributors in emerging markets

IFC, a member of the World Bank Group, and Demica, a capital financial technology firm, have announced a new partnership that will help unlock as much as $9.8 billion in annual financing for suppliers and distributors in emerging markets—particularly small and medium enterprises. In addition, IFC participated in Demica’s $25 million second round financing that…

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