IFC led a EUR90m (~USD92m) debt financing round for Senegal-based fintech startup Wave Mobile Money. The financing included a EUR25m (~USD26m) IFC loan, EUR41m (~USD42m) in B loans from Symbiotics, Blue Orchard, responsAbility and Lendable and EUR24m (~USD25m) in parallel loans from Finnfund and Norfund. Wave became francophone Africa’s first unicorn after its Series A in 2021. Read more