OUR HERITAGE
MFX
US$57MM Debt Raise and Equity Financing for MFX Fintech Company
Delphos advised MFX Currency Risk Solutions (MFX) in securing a US$7MM equity investment from Proparco and a US$50MM credit facility from FinDev Canada to support the expansion of MFX’s operations in emerging markets.
Proparco’s US$7MM equity makes it MFX’s second-largest shareholder; FinDev Canada provides US$45MM collateral facility – US$30MM AXA XL insured, US$5MM standby LC. Delphos advised MFX in securing the financing from FinDev Canada and Proparco.
Sector
Funds and Financial Services
Amount Raised
US$57,000,000
Deal Type
Capital Raising
Unique Challenge
Delphos acted as financial advisor in structuring and arranging the debt and equity financing and coordinating engagement with multiple institutional investors. The team positioned the transaction around enabling local currency financing and mitigating FX risk, strengthening its alignment with development finance priorities.
Sub-sector
FinTech
Year
2022
Type of Financing
Debt, Equity
Deal Impact in Numbers
- US$1B+ targeted deployment over 5 years
- Expanded access to local currency financing
- Increased SME participation in local capital markets
Lender
FinDev Canada, Proparco, AXA
SDGs
Borrower
MFX Currency Risk Solutions
Deal Impact in Lives
- SMEs and local businesses in emerging markets
- Financial institutions and lenders
- Underserved borrowers accessing local currency financing
Location
United States of America
Interested in working with us?
Delphos arranges capital raising (debt and equity) and transaction advisory for emerging-market project sponsors and operating corporates across Africa, Asia, Latin America and the Caribbean, and Emerging Europe.
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Delphos- Premier Financial Advisor in Private Emerging Markets
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