PROJECT

Projects

Summary of Investment Information

Project Number

40125

Company Name

DEMICA LIMITED

Date SPI Disclosed

Feb 16, 2018

Country

World Region

Region

Global

Projected Board Date

Mar 20, 2018

Environmental Category

C - No Impact

Status

Active

Last Updated Date

Sep 2, 2018

Department

Global Industry, Financial Markets

Industry

Financial Markets

Previous Events

Approved : Apr 3, 2018
Signed : Aug 17, 2018
Invested : Aug 24, 2018

Sector

Virtual lending, P2P, crowdfunding

Project Description

Demica (the “Company”) is a market leading provider of working capital solutions to large corporates and financial institutions. Demica combines expertise in structured finance, technology and operations to offer a complete spectrum of working capital solutions, from supply chain finance to trade receivables securitization. Demica’s services result in improved working capital for its corporate clients and their worldwide suppliers and distributors, many of which are SMEs. IFC is considering an equity investment in Demica, which will be used to finance the Company’s continued global growth.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation