This latest tranche of funding comes from the International Finance Corporation (IFC), a division of the World Bank.
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Online lender Kreditech closes out Series C at $103M after getting $11M from the IFC
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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.
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