Commercial Lending Startups in Africa

Overview Powered by AI

Commercial lending remains nascent but shows promise. SunFunder, PEG Africa are gaining traction with tailored financing solutions. Local business leaders welcome these options but express concerns about high interest rates and stringent collateral requirements. Collaboration between lenders and governments is crucial for growth.

Cummulative Funding

$137.8M+

Total # of Companies

2

Total Deal Count

14

Total M&A Count

1

Total # of Investors

41

List of Commercial Lending startups in Africa

Add Startup

Filter List

Example: Flutterwave, Paystack, etc

Startup	Overview	Last round	Total raised	Founded
1. SunFunder Kenya SunFunder is unlocking debt capital for solar energy access & climate change SunFunder Kenya	SunFunder is unlocking debt capital for solar energy access & climate change	Grant	$ 81,320,000	2012
2. PEG Africa Ghana PEG is the leader in deploying and financing solar to households and SMEs in West Africa PEG Africa Ghana	PEG is the leader in deploying and financing solar to households and SMEs in West Africa	Debt Financing	$ 56,500,000	2013

SunFunder

Founded

2012

Overview

SunFunder is unlocking debt capital for solar energy access & climate change

Last round

Grant

Total raised

$ 81,320,000

Employee

11-50

PEG Africa