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Manila Bulletin

IFC invests in local fintech to boost SME lending
The International Finance Corporation (IFC) has invested $7 million in fintech firm First Circle to expand digital financial services for small and medium-sized enterprises (SMEs) in the Philippines.  The IFC board approved the project on June 13, signed on June 28, and invested the...
Manila Bulletin

IFC invests $7 million in local fintech firm First Circle
The International Finance Corp. (IFC) has acquired a stake in fintech company First Circle for $7 million (about P410 million), to help boost lending to small and medium enterprises (SMEs) in the Philippines. A June 15 disclosure showed that the IFC board approved on June 13 its equity investment...
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