The World Bank Group member has teamed up with Victory Park Capital to launch a pioneering new fund that it hopes will kick-start similar investment.

International Finance Corporation, the investment arm of the World Bank Group, has this month announced a new collaboration with Chicago-based venture capital firm Victory Park Capital Partners to support fintech companies in the world’s emerging markets. According to Kai Schmitz, the IFC’s principal investment officer, one of the chief aims of the fund is to…

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