IDB Invest, Citi and DFC invested USD30m in Consejo de Asistencia al Microemprendedor (CAME), a Mexico-based microfinance institution and a subsidiary of PC Capital-backed Te Creemos Holding. (Press Release) On…
-
-
Alloy Merchant Finance agreed to invest up to MXN200m (~USD9.9m) in Podemos Progresar, a Mexico-based microfinance company, through a structured loan. (Press Release) Alloy Merchant Finance, LP (“Alloy”) will invest…
-
PC Capital investment portfolio company Te Creemos Holdings acquired the loan portfolio and certain operating assets of Financiera Finsol, subsidiary of Financiera Independencia, company focused on microfinance banking in Mexico. …
-
Credicorp acquired Banco Compartir, a Colombian microfinance institution, providing an exit to Accion. (Press Release) Global nonprofit Accion announced today its successful exit from Banco Compartir (“Bancompartir”), one of Colombia’s…
-
British asset manager Schroders agrees to acquire a majority stake in Swiss impact investor BlueOrchard. The deal gives the Schroders access to BlueOrchard’s about US$3.5b assets under management as of…
-
PE firm PC Capital made an undisclosed follow-on investment in Mexican microfinance Te Creemos. (Press Release) Mexico City, Mexico, December 10, 2018 – PC Capital Management, SC (“PC Capital”) announced today an additional investment in Te Creemos Holding, SAPI de CV (“Te Creemos”)…
-
Bamboo Capital Partners has announced its exit from the Peruvian-based microfinance bank Mibanco through a divestiture to Credicorp Ltd. for a total value of PEN$131.1m. (Finextra) Bamboo Capital Partners (“Bamboo”),…
-
Vox Capital Partners and Fiinlab have completed a R$38.6m investment in Avante, a Brazilian microcredit startup, that specializing in providing financial solutions for microentrepreneurs. (Fusões & Aquisições) Os modelos de…
-
Osorio Capital and Southern Cross Group acquired Colombian microfinance firm Crezcamos for an undisclosed amount. (LexLatin) La empresa administradora de fondos Osorio Capital S.A.S., con sede en Bucaramanga, adquirió la…
-
Omidyar Network announced an extended round of funding for Suyo, a Colombia-based startup that helps Colombia’s low-income families secure their homes and land via mobile and geospatial technologies, microfinance, community partnerships…
Newer Posts