MICROCAPITAL BRIEF: IDH Farmfit Fund Acquires Equity Stake in LendXS, Provider of Fintech for Microfinance Institutions Serving Smallholder Farmers

The IDH Farmfit Fund, which is facilitated by the Sustainable Trade Initiative, a Netherlands-based NGO known by its Dutch acronym IDH, recently acquired a 21-percent stake in LendXS, a Netherlands-based financial technology (fintech) platform for rural financial institutions. The pricing of the transaction remains