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FinDev Canada

North America, Quebec, Canada, Montréal

Description

FinDev Canada provides innovative and sustainable solutions for entrepreneurs in developing markets.

Investor Profile

FinDev Canada has backed more than 11 startups, with 2 new investments in the last 12 months alone. The firm has led 2 rounds, about 18% of its total and boasts 3 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Debt Financing, Series Unknown, Post Ipo Debt rounds (top funding stages).
  • Majority of deals are located in Colombia, Nigeria, Brazil.
  • Strong thematic focus on Financial Services, Banking, Finance.
  • Led 2 rounds in the past year.

Stage Focus

  • Debt Financing (82%)
  • Series Unknown (9%)
  • Post Ipo Debt (9%)

Country Focus

  • Colombia (18%)
  • Nigeria (18%)
  • Brazil (9%)
  • Chile (9%)
  • Kenya (9%)
  • Argentina (9%)
  • United States (9%)
  • United Arab Emirates (9%)
  • Tanzania (9%)

Industry Focus

  • Financial Services
  • Banking
  • Finance
  • Agriculture
  • Lending
  • Insurance
  • Fintech
  • Energy
  • Renewable Energy
  • Forestry
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does FinDev Canada frequently co-invest with?

FMO
Europe, Zuid-Holland, The Netherlands, The Hague
Co-Investments: 3
Norfund
Europe, Oslo, Norway, Oslo
Co-Investments: 1
U.S. International Development Finance Corp
North America, District of Columbia, United States, Washington
Co-Investments: 1
Finnfund
Europe, Southern Finland, Finland, Helsinki
Co-Investments: 1
BlueOrchard Finance S A
Europe, Geneve, Switzerland, Geneva
Co-Investments: 1
British International Investment
Europe, England, United Kingdom, London
Co-Investments: 1
II
North America, District of Columbia, United States, Washington
Co-Investments: 3
Proparco
Europe, Ile-de-France, France, Paris
Co-Investments: 1
Oikocredit International
Europe, Utrecht, The Netherlands, Amersfoort
Co-Investments: 1
Belgian Investment Company for Developing Countries
Europe, Brussels Hoofdstedelijk Gewest, Belgium, Brussels
Co-Investments: 1

What are some of recent deals done by FinDev Canada?

VPBank

Hanoi, NA - Vietnam, Vietnam

VPBank offers insurance, personal services, loans, electronic banking, and other services.

BankingEmployee BenefitsFinancial Services
Post Ipo DebtJul 29, 2025
Amount Raised: $350,000,000
CRDB Bank

Dar Es Salaam, Dar es Salaam, Tanzania

CRDB Bank is a financial institution that offers financial and banking services for corporate banking and small and medium enterprises.

AccountingBankingFinancial Services
Post Ipo DebtJun 25, 2025
Amount Raised: $60,000,000
Stanbic IBTC Bank

Lagos, Lagos, Nigeria

Stanbic IBTC Bank is a leading provider of integrated financial services, pensions and wealth management products.

BankingFinanceFinancial Services
Debt FinancingOct 8, 2024
Amount Raised: $40,000,000
Access Bank

Lagos, Lagos, Nigeria

Access Bank is a financial institution that provides financial services to retail, business, commercial, and corporate customers.

BankingFinancial Services
Debt FinancingJul 16, 2024
Amount Raised: $314,722,617
Genneia

Olivos, Buenos Aires, Argentina

Genneia operates as a renewable energy generation company.

EnergyRenewable Energy
Debt FinancingFeb 23, 2023
Amount Raised: $85,000,000
Banco de Occidente, S.A.

Santiago De Cali, Valle del Cauca, Colombia

Banco de Occidente, S.A. is a provider of commercial banking products and services.

Financial Services
Debt FinancingAug 31, 2022
Amount Raised: $100,000,000
Banco Sofisa

São Paulo, Sao Paulo, Brazil

Banco Sofisa provides banking and financial services.

BankingFinanceFinancial Services
Debt FinancingJul 15, 2021
Amount Raised: $200,000,000
AVLA

Las Condes, Region Metropolitana, Chile

AVLA is an insurance group that provides comprehensive financial solutions for SMEs.

Financial ServicesInsurance
Debt FinancingApr 6, 2021
Amount Raised: $80,000,000
ETG

Dubai, Dubai, United Arab Emirates

ETG is one of the largest & fastest growing integrated agricultural conglomerates present across more than 48 countries.

AgricultureFood and BeverageInfrastructure
Debt FinancingMar 12, 2021
Amount Raised: $115,000,000
Banco Davivienda

Bogotá, Distrito Especial, Colombia

Banco Davivienda is a banking firm that focuses on housing finance, retail banking, corporate banking, and SME banking.

BankingFinanceFinancial ServicesLending
Debt FinancingJan 12, 2021
Amount Raised: $390,000,000