Kredete
Seed Round in 2024
Kredete is a fintech platform serving African immigrants and global businesses in North America. It offers competitive foreign exchange rates, low-fee remittances to over 20 countries, and digital banking services, aiming to boost users' credit scores.
Periculum
Venture Round in 2024
Periculum develops an advanced data intelligence platform that leverages artificial intelligence and machine learning models. This platform processes large datasets, extracts meaningful insights, and automates data-driven workflows to enhance efficiency, optimize operations, and facilitate informed strategic decisions.
BFree is a company that specializes in credit management, aiming to enhance the credit collection process through innovative technology. It develops a platform that utilizes artificial intelligence to create ethical credit management tools, prioritizing the financial health of consumers. BFree's approach is centered on helping customers regain control over their finances by facilitating self-administered loan repayments. The company focuses on making the collection process more scalable, efficient, and user-friendly, particularly for individuals in emerging markets. By equipping users with essential financial knowledge and personal budgeting skills, BFree strives to lead customers out of debt sustainably.
Credable
Seed Round in 2023
Credable is a digital banking platform that aims to provide financial services to underbanked populations in emerging markets. By partnering with financial institutions and businesses, Credable enables the launch of various financial products, including credit, savings, and payment solutions, on its B2B2C digital infrastructure. This approach connects financial institutions to their customers, empowering end-users with access to essential financial services. By leveraging its platform, Credable allows its partners to concentrate on their core operations while expanding their offerings in the financial services sector.
Kashat
Convertible Note in 2022
Kashat is an Egypt-based mobile financial services company that provides instant microloans through a digital app. It targets unbanked and underbanked individuals by underwriting loans using alternative data to create a credit history, enabling customers to build a financial identity. The service offers small, short-term credit with flexible repayment options and disburses funds via mobile wallets and digital payments. The entire process is digital and paperless, streamlining application and approval through the mobile app. Kashat operates under the regulatory oversight of Egypt’s Financial Regulatory Authority.
Credable
Seed Round in 2022
Credable is a digital banking platform that aims to provide financial services to underbanked populations in emerging markets. By partnering with financial institutions and businesses, Credable enables the launch of various financial products, including credit, savings, and payment solutions, on its B2B2C digital infrastructure. This approach connects financial institutions to their customers, empowering end-users with access to essential financial services. By leveraging its platform, Credable allows its partners to concentrate on their core operations while expanding their offerings in the financial services sector.
Numida Technologies is a digital financial institution based in Kampala, Uganda, founded in 2015. The company specializes in serving micro- and small businesses in East Africa by offering application software that helps these enterprises maintain up-to-date digital financial records. Numida's proprietary credit scoring system enables it to provide unsecured growth and working capital loans to businesses, which not only results in high portfolio yields but also significantly impacts the livelihoods of borrowers. The platform aims to lower risks and costs for lending institutions, leading to improved lending terms for borrowers and fostering a thriving small business sector that creates employment, increases tax revenues, and enhances living standards for entrepreneurs and their staff.
Kashat
Convertible Note in 2021
Kashat is an Egypt-based mobile financial services company that provides instant microloans through a digital app. It targets unbanked and underbanked individuals by underwriting loans using alternative data to create a credit history, enabling customers to build a financial identity. The service offers small, short-term credit with flexible repayment options and disburses funds via mobile wallets and digital payments. The entire process is digital and paperless, streamlining application and approval through the mobile app. Kashat operates under the regulatory oversight of Egypt’s Financial Regulatory Authority.
BFree is a company that specializes in credit management, aiming to enhance the credit collection process through innovative technology. It develops a platform that utilizes artificial intelligence to create ethical credit management tools, prioritizing the financial health of consumers. BFree's approach is centered on helping customers regain control over their finances by facilitating self-administered loan repayments. The company focuses on making the collection process more scalable, efficient, and user-friendly, particularly for individuals in emerging markets. By equipping users with essential financial knowledge and personal budgeting skills, BFree strives to lead customers out of debt sustainably.