World Bank's IFC Invests $10m in FintechOS to Boost Financial Inclusion

IFC — a member of the World Bank Group — has invested $10 million in FintechOS, backing the European startup's low-code approach as a way to boost financial inclusion around the world.

The investment is part a previously announced $60 million Series B funding round for FintechOS.

According to the World Bank, 1.7 billion people are unbanked. To reach these people, banks are investing in technology that helps them digitise services.

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