The International Finance Corporation (IFC), a member of the World Bank Group, is proposing an equity investment of an undisclosed amount in Pakistan-based EP Systems Limited, a financial technology firm that operates under the OneLoad brand, according to a disclosure.
IFC said its proposed investment in OneLoad, which is a digitally enabled telecom top-up distributor in Pakistan, will enable the startup to scale its business and improve access to transaction accounts and payment services for consumers in the country.
