Tag page - First Circle

International Finance Corp. (IFC) is preparing what could become its first securitization deal in the Philippines backed by small and medium enterprise (SME) loans, as the World Bank Group’s (WBG) private-sector lending arm ramps up efforts to expand access to financing for underserved businesses...

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...

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...