FinDev Canada
Overview
FinDev Canada is Canada's development finance institution, established in 2018 as a wholly owned subsidiary of Export Development Canada (EDC). Its mandate is to stimulate inclusive and sustainable economic growth in developing markets by providing financing and investments to the private sector. The institution focuses on three primary sectors: the financial industry, sustainable infrastructure, and agribusiness and forestry, aiming to mobilize private sector investment in these areas to support development goals such as gender equality, climate and nature action, and market development. The institution offers a range of financial solutions, including debt, equity, and guarantees, to clients operating in developing countries that demonstrate sustainable social and economic benefits for local communities. Additionally, FinDev Canada provides non-financial support through its Technical Assistance Facility, enhancing the impact of its investments. Its geographical focus spans Latin America and the Caribbean, Sub-Saharan Africa, and the Indo-Pacific region, aligning with Canada's international development priorities. FinDev Canada's investment strategy emphasizes supporting projects that contribute to poverty reduction through job creation, women's economic empowerment, and climate change mitigation. For instance, it has supported M-KOPA to bring solar power to low-income African homes and invested in Miro Forestry Development Ltd. to expand sustainable forestry and timber products in West Africa. By bridging the gap between commercial support and development assistance, FinDev Canada aims to create stability and prosperity for local communities in developing countries.
Investment Focus
- Projects must demonstrate sustainable social and economic benefits for local communities.
- Investments should align with FinDev Canada's development goals, including gender equality, climate and nature action, and market development.
- Projects must operate in developing countries within FinDev Canada's geographical focus regions.
Portfolio Companies
Reach FinDev Canada directly
Verified work email, phone and LinkedIn for the full team — one spreadsheet, one payment, yours to keep.
Unlock full contacts →Frequently asked questions about FinDev Canada
What sectors does FinDev Canada invest in?
FinDev Canada invests in Financial Services, Technology, Healthcare, Real Estate, Telecommunications and Retail, and is based in Montreal, Canada. FinDev Canada is listed as a institutional investor in the ConnectSafely investor database.
What stage does FinDev Canada invest at?
FinDev Canada backs companies at Early Stage, Growth and Late Stage, writing cheques of 1M - 50M.
Which regions does FinDev Canada invest in?
FinDev Canada invests across Latin America, Sub-Saharan Africa, Costa Rica, Caribbean and Indo-Pacific region.
Who are the partners at FinDev Canada?
Team members listed for FinDev Canada include Paulo Martelli (Chief Investment Officer) and Lori Kerr (Chief Executive Officer).
What companies has FinDev Canada invested in?
FinDev Canada's portfolio includes M-KOPA and Miro Forestry Development Ltd..
How do I contact FinDev Canada?
FinDev Canada's contact details — including phone and LinkedIn — are listed in the ConnectSafely investor database, along with its website and the LinkedIn profiles of its partners.
Last updated · Source: ConnectSafely investor database
