The International Finance Corporation (IFC) is considering a $75 million investment to support SeaMoney's digital lending program in Thailand.
The investment is part of a proposed asset-backed securities (ABS) issuance to increase financial access for underserved communities.
IFC plans to invest in the senior tranche of the ABS, backed by nano loan receivables from SeaMoney's lending program regulated by the Bank of Thailand.
At least 60% of the investment will be targeted towards women borrowers, aligning with IFC's focus on inclusive finance.