FinDev Canada

FinDev Canada

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Investment Firm

Overview

FinDev Canada is a development finance institution that offers financial solutions to businesses in developing countries, with the potential to develop markets, empower women, and mitigate climate change. It provides innovative and sustainable solutions for entrepreneurs in developing markets. It primarily invests in companies operating in the alternative energy, agriculture, and financial sectors.

FinDev Canada was established in 2018 and is headquartered in Montréal, Quebec.

Highlights

Founded

2018

Industry

Financial Services

Employees

11-50

Investment

26

Lead Investment

13

Exits

2

Stages

N/A

Investor Type

Venture Debt

Location

Montréal, Quebec, Canada, North America

Contact Information

Social

Profile Resume

FinDev Canada, established in 2018 and headquartered in North America., specializes in investments across Financial Services, Banking, Impact Investing, Government, Finance, Intellectual Property, Business Development, Funding Platform, Venture Capital, Lending. The organization boasts a portfolio of 25 investments, with an average round size of $97.3M and 2 successful exits. Their recent investments include Access Bank, British International Investment, Oikocredit International, BlueOrchard Finance S A, Belgian Investment Company for Developing Countries. The highest investment round they participated in was $64.2B. Among their most notable exits are Access Bank and British International Investment. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.

Employees

N/A

Investment portfolio

FinDev Canada has made 26 investments. Their most recent investment was on Jul 16, 2024, when Access Bank raised $314.7M.

investments

26

Diversity investments

0

Lead investments

13

Number of exits

2

Investments

26

Annouced DateOrganization NameIndustryMoney Raised
Mar 20, 2023
Cooprogreso Cooprogreso
Financial Services16.5M
Aug 01, 2023
M-KOPA M-KOPA
Financial Services20.0M
Dec 19, 2023
West African Development Bank West African Development Bank
Financial Services22.0M
Jul 16, 2024
Access Bank Access Bank
Financial Services314.7M

Exits

2

Funding Timeline

Funding rounds

26

Investors

0

Funds

0

Funding Rounds

26

FinDev Canada has raised 26 rounds. Their latest funding was raised on Jul 16, 2024 from a Debt Financing - Access Bank round.

Annouced DateTransaction NameNumber of InvestorsMoney RaisedLead Investor
Mar 20, 2023
Debt Financing - Cooprogreso Debt Financing - Cooprogreso
-16.5M-
Aug 01, 2023
Convertible Note - M-KOPA Convertible Note - M-KOPA
-20.0M-
Dec 19, 2023
Debt Financing - West African Development Bank Debt Financing - West African Development Bank
-22.0M-
Jul 16, 2024
Debt Financing - Access Bank Debt Financing - Access Bank
-314.7M-

Investors

0

There is no funding round available on this profile

Fund raised

2

Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.

Annouced DateFund NameMoney Raised
May 10, 2013
fund image OTPPLESS
1.0M
May 11, 2013
fund image OTPPLESS
1.0M

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