Thoma Bravo-backed IFC invests in Kifiya Financial Technology

International Finance Corporation (IFC), the World Bank Group's private-sector investment arm, has agreed a strategic investment in Ethiopian fintech Kifiya Financial Technology. The investment agreement was announced on 4 November 2026 at the Africa Financial Summit in Luanda, Angola. The value was not disclosed, and the article describes it as IFC's first direct investment in Kifiya.

Kifiya is headquartered in Addis Ababa, with AI and technology hubs in Nairobi and Cape Town. Its platform combines alternative data and artificial intelligence to help lenders assess borrowers without formal financial records. Kifiya says its systems support more than $1 billion in credit transactions and have facilitated access for about 1.1 million MSMEs and farmers. IFC is listed in Thoma Bravo's portfolio.

Kifiya founder and CEO Munir Duri said the company aims to make Africa's informal economy visible and investable to financial institutions. The funding will support Kifiya's growth in Ethiopia and its planned expansion into Rwanda, Uganda, Tanzania and Kenya, according to the article. IFC Vice President for Africa Ethiopis Tafara said technology can help close Africa's financing gap.