Kifiya Secures Investment from IFC
Ethiopian fintech Kifiya secures an investment from the International Finance Corporation to scale its AI-powered agricultural lending and risk platform.
Kifiya Secures Investment from IFC
Kifiya, an Ethiopian fintech startup based in Addis Ababa, has secured an investment of undisclosed size from the International Finance Corporation (IFC) to expand its agricultural lending operations. The company, which specializes in AI-powered financial infrastructure, will use the new capital to scale its reach among rural communities.
Investors
The investment was provided by the International Finance Corporation (IFC), a member of the World Bank Group that provides investment, advisory, and asset management services to encourage private sector development in developing countries.
Kifiya Use of Funds
Kifiya intends to utilize the funding to strengthen its agricultural data and risk assessment models. Additionally, the capital will support the company's efforts to extend its service reach into rural communities, connecting smallholder farmers and microenterprises with vital financial products and commercial market opportunities.
About Kifiya
Founded in 2010 by Munir Duri, Kifiya provides AI-driven financial technology solutions designed to make the invisible economy investable. The company uses over 10 billion alternative data signals to build risk profiles for first-time borrowers lacking formal credit histories, enabling financial institutions to price risk and manage portfolios effectively in the agricultural sector.
Funding Details
Company Website: https://kifiya.com
Company: Kifiya
Raised: Undisclosed
Round: Growth Capital
Funding Date: November 9, 2026
Lead Investor: International Finance Corporation
Software Category: Fintech
Source: https://disruptafrica.com/2026/11/09/ethiopian-fintech-kifiya-secures-ifc-investment-to-scale-agricultural-lending/