IFC Partners with CRX Markets to Enhance Sustainable Supply Chain Financing

CRX Markets, which collaborates with some of Europe’s largest brands, plays a key role in facilitating working capital finance for emerging market suppliers integral to global operations.

The International Finance Corporation (IFC), a member of the World Bank Group, has announced a strategic partnership with CRX Markets, one of Europe’s largest working capital finance platforms, to bolster the sustainability of global supply chains. This collaboration aims to expand the reach of IFC’s $1 billion Global Trade Supplier Finance (GTSF) Program, facilitating accessible short-term working capital for emerging market suppliers.

Leveraging CRX Markets’ advanced financial platform, the partnership will enable a greater number of suppliers to access affordable financing solutions, helping them align with global sustainability goals. Through the GTSF Program, buyers can incentivize suppliers to improve environmental and social compliance, workplace equity, and decarbonization efforts by offering financial discounts linked to sustainability performance.

“Innovative financial solutions are a crucial part of IFC’s work in promoting sustainable economic development,” said Femi Akinrebiyo, IFC’s Global Manager for Manufacturing Investment & Trade Supplier Finance. “Partnering with CRX Markets allows us to enhance our impact by reaching more suppliers and accelerating the transition to a more equitable, sustainable global economy.”

CRX Markets, which collaborates with some of Europe’s largest brands, plays a key role in facilitating working capital finance for emerging market suppliers integral to global operations.

“The integration of IFC into the CRX Markets ecosystem marks a significant milestone for both organizations,” said Michael Germann, Chief Commercial Officer and Board Member of CRX Markets. “This partnership will broaden financing opportunities for suppliers, particularly in emerging markets, fostering innovation and sustainable growth across the supply chain. Together, we will unlock new opportunities for our clients and their suppliers, driving sustainability and inclusivity in global trade.”

IFC’s GTSF Program serves industries such as garment manufacturing, agribusiness, automotives, and electronics by providing affordable working capital and sustainability-linked financial incentives. In 2024 alone, the program disbursed over $2.15 billion to more than 350 suppliers, with sustainability-linked facilities accounting for over 60 percent of disbursements.

By leveraging CRX Markets’ platform, IFC aims to amplify the GTSF Program’s impact, ensuring that more suppliers—particularly those in developing economies—benefit from sustainability-driven financing models that align economic performance with environmental, social, and governance (ESG) principles.