PROJECT

Projects

Summary of Investment Information

Project Number

48456

Company Name

Accion Digital Transformation Fund L.P

Date SPI Disclosed

Dec 5, 2023

Country

World Region

Region

Global

Projected Board Date

Jan 8, 2024

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

May 10, 2024

Department

Equity Portfolio Management

Industry

Funds

Previous Events

Approved : Jan 17, 2024
Signed : Feb 14, 2024
Invested : May 8, 2024

Sector

Growth Equity Fund

Project Description

IFC is considering an equity commitment in Accion Digital Transformation Fund. LP (“ADTx” or “the Fund”), a private equity fund that seeks to provide growth capital to financial institutions working in the micro, small and medium enterprise (MSMEs) space seeking to digitalize their operations, transactions and products to expand financial inclusion in emerging markets.                                                   

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation