Bamboo Finance reaches $31m first close on financial inclusion fund
Impact private equity investor Bamboo Finance has reached a $31 million first close on its second financial inclusion-focused fund with commitments from Teachers Insurance and Annuity Association of America (TIAA-CREF) and AXA-IM.
The fund will invest in banks and financial services companies targeting micro-enterprises, small- and medium-sized enterprises (SMEs), and the low to lower middle incomes segments where there still is...
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