Quick Take
Intercorp Financial Services (IFS) has filed to raise gross proceeds of $423 million from a U.S. IPO, according to an F-1 registration statement.
The firm provides banking, insurance, wealth management services to retail and commercial customers in Peru and abroad.
IFS has a leading position in the growing Peruvian economy, has produced strong growth and profitability.
Company & Technology
Lima, Peru-based IFS was founded to operate Interbank and Interseguro, an open-stock banking and an insurance corporation, respectively, as well as several wealth management organizations, including Inteligo Bank, Inteligo Sociedad Agente