Instituição Financeira de Desenvolvimento

investment firm

About

Financial Institution Development SA's main objective is to direct public financial resources, preferably leveraged by private co-financing.

Details

Industries
Financial Services
Founded date
Jan 1, 2015
Operating Status
Active
Also Known As
IFD

Instituição Financeira de Desenvolvimento (IFD), with headquarters in Porto, has as its main goal to direct public financial resources, preferentially leveraged by private co-financing, and in particular Financial Instruments (FI) of Equity / Quasi-Equity and Mid- to Long-Term Debt, so that “viable” SME may increase their equity capital and finance their investments, while developing their activity in industries concerning tradable goods or services, in the start-up, growth or transfer of ownership stages.
Created on the 21st of October of 2014 by the Decree-Law No. 155/2014, IFD is a State-owned financial company, registered with the Banco de Portugal under number 316, whose object is to perform operations to mitigate market failures in financing to small and medium enterprises (SME), through the management of investment funds, other autonomous sets of assets or instruments of a similar nature, co-financed by public funds to support the economy, and the performance of credit operations, including issuance of guarantees and other commitments.

IFD’s Mission is to design, structure and operationalise financing solutions that address market failures in Portuguese SME access to finance, thus contributing to economic development and to the creation of wealth and employment, with growing volumes of added value.

Investments

Number of Investments
Number of Lead Investments
2
0
Instituição Financeira de Desenvolvimento has made 2 investments. Their most recent investment was on Mar 22, 2019, when Agri Marketplace raised €600K.
Date Company Name
Round Money Raised Industry Lead Investor
Mar 22, 2019 Agri Marketplace
Seed €600K Agriculture
Sep 27, 2018 IOUU
Debt Financing $50K Financial Services

Employee Profiles

Number of Employee Profiles
1
Instituição Financeira de Desenvolvimento has 1 current employee profiles, including Executive Frederico Serras Gago

Exits

Instituição Financeira de Desenvolvimento has had 1 exits. Instituição Financeira de Desenvolvimento most notable exits include IOUU

Date Company Name Exit Type Industry
Apr 20, 2021 IOUU M&A Financial Services Detail