A Year in Review and Looking Ahead to 2024

By Andrew Kahn, Co-founder and CEO of Partners for Growth

 As we turn the final page of 2023 and prepare to celebrate 20 years of Partners for Growth in 2024, I reflect on a year that was a testament to PFG’s commitment to growing innovation worldwide. I am immensely proud of what we have accomplished this past year. As we stand on the cusp of our 20th anniversary, we are reminded of our journey from a pioneering idea to a global force in the venture lending landscape. Our achievements are not just measured in the number of companies or countries in which we’ve invested or offices we’ve opened but in the lasting impact we’ve made on the technology sector worldwide. Our commitment to empowering entrepreneurs and embracing innovation remains stronger than ever. In 2024, as we celebrate this significant milestone, we look forward to forging new paths in the ever-evolving world of technology. We will continue going where the entrepreneurs are to be their partners for growth.    

Allow me to share some key highlights, representing a few of the tangible outcomes delivered by our team’s dedication to our mission to finance innovation globally. 

25: The number of countries the PFG team ventured to in 2023, cementing our position in the tech ecosystems worldwide. This journey reaffirmed our commitment to staying connected with emerging tech landscapes and allowed us to witness firsthand the burgeoning innovation happening across the globe. From Canada to Chile, Oman to Indonesia, and everywhere we went, we were continually re-energized by the vibrancy and determination of each tech community we experienced. 

6: The number of PFG offices as we conclude the year. We are adding Dubai and Sao Paulo to our existing San Francisco, Sydney, Boston, and Miami. Two more locations are planned for 2024, Riyadh and New York City. 

226: The growing number of innovative companies that have benefited from our growth debt solutions. These ventures, spanning various industries and spread across different corners of the globe represent our commitment to nurturing the expanding technology ecosystem worldwide.  

20: The milestone anniversary that awaits us in the coming year. This landmark celebration marks two decades of our unwavering dedication to fostering innovation and growth in the tech sector.  

Thank you to our determined team, dedicated investors, innovative partners, and visionary entrepreneurs for making Partners for Growth what it is today. Let’s step into the future with the same spirit of adventure and dedication that has charted our course together. 

Happy Holidays! 

Andrew Kahn, Co-founder and CEO, Partners for Growth 



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30+ Year Global Strategic Partner

SVB is a leading American bank providing products, services and strategic advice for businesses at every stage. They operate as a go-to commercial bank for start-ups and established corporations, offering venture funding, private banking & wealth advising. SVB is the largest lender to technology companies globally.

SVB has built its reputation as the financial partner of the innovation economy – helping individuals, investors and the world’s most innovative companies achieve extraordinary outcomes.
PFG and SVB have maintained an official strategic partnership since the late 1980’s. We have collaborated together as co-lenders and extended each other's ability to reach new markets and provide deeper capital to high-growth companies.

PFG and SVB have provided growth debt across the U.S. & Canada, Europe, Middle East, Asia, and Latin America, where we co-manage a Venture Debt Latin America Growth Lending Fund.

IFC logo

IFC — a member of the World Bank Group — is the largest global development institution focused on the private sector in emerging markets. IFC works in more than 100 countries, using its capital, expertise, and influence to create markets and opportunities in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity.

PFG and IFC are strategic partners where we extend IFC’s direct venture and VC funding, collaborating on fintech and tech lending across global growth markets.

10+ Year Global Strategic Partner

Aims to be the partner of choice for the private sector in Latin America and the Caribbean. They finance projects to advance clean energy, modernize agriculture, strengthen transportation systems and expand access to financing.

IDB Invest, a member of the IDB Group, is a multilateral development bank committed to promoting the economic development of its member countries in Latin America and the Caribbean through the private sector. IDB Invest finances sustainable companies and projects to achieve financial results and maximize economic, social, and environmental development in the region. With a portfolio of $16.3 billion in asset management and 347 clients in 25 countries, IDB Invest provides innovative financial solutions and advisory services that meet the needs of its clients in a variety of industries.

PFG leads a joint venture with IDB Invest that provides debt capital to emerging innovative tech companies across the region via our Latin America Growth Lending Fund. The initiative brings investment expertise into LAC from top notch global players in this field.