OPIC Enters Into $250 Million Partnership With Bayport

The long-term loan will support the group’s financial inclusion and growth agenda across its operations.

Under the terms of the agreement, OPIC will provide financing in the form of long term debt that will enable BML to fund its strategic growth aspirations in Africa and Latin America, which includes organic expansion in existing countries and the development of a broader range of financial solutions in those markets. All of this activity will be underpinned by a custom-built new technology platform that is being developed in-house.