2 past transactions

Trade Lenda

Pre Seed Round in 2023
Trade Lenda is digital financial service solution enabling access to credit for MSMEs leveraging alternative data sources to qualify character and capacity in Nigeria. It’s a known fact access to finance is a major challenge for MSMEs with a $5trillion opportunity market across developing economies. According to reports from PWC and IFC, MSMEs account for about 84% of the jobs created in this region and about 50% of the GDP of the African economies. However without needed finance, most of them are likely to shut down within first 2-5 years. Today with our smart data algorithm, we leverage on data to evaluate character and capacity of every request thus removing focus on upfront collateral and cutting bottle necks associated to getting credits by MSMEs. We are not stopping there but also going a step further to provide micro savings, insurance, investment and pension soon for MSMEs.

Mizala

Venture Round in 2022
Mizala is a financial services aggregation company. They help maintain the livelihood by protecting it from unplanned expenses. Their specific risks and build products that protect the customers against such risks, which include a personal protection bundle, a device protection plan, and a health protection plan.
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