This latest tranche of funding comes from the International Finance Corporation (IFC), a division of the World Bank.
Other investors already in the round include PayPal co-founder Peter Thiel, Amadeus Capital Partners, Värde Partners, HPE Growth Capital and Blumberg Capital. The round was led by U.S.-based private equity firm J.C. Flowers. Kreditech’s valuation remains the same as it was previously for the Series C — between €250 million and €300 million ($279 million-$335 million), according to a source close to the company. The company has raised around $150 million.