MicroLending Startups in Africa
Overview Powered by AI
MicroLending: Banks tiptoeing in, FinTechs outpacing. Cassbana, PremierCredit have traction, but local FinTechs gaining ground. Locals see opportunity but cautious about high interest rates and over-indebtedness. Growth potential, but sustainability concerns linger.
Cummulative Funding
$14.3M+
Total # of Companies
3
Total Deal Count
9
Total M&A Count
0
Total # of Investors
20
List of MicroLending startups in Africa
Add Startup| Startuparrow_upward | Overviewarrow_upward | Last roundarrow_upward | Total raisedarrow_upward | Founded |
|---|---|---|---|---|
Hakki Africa is a Kenya-based FinTech startup that provides microfinance services for small and medium-sized enterprises. | Venture | $ 12,700,000 | 2018 | |
Cassbana is an Egyptian startup which uses AI to determine individuals and businesses' access to credit. | Pre-seed | $ 1,000,000 | 2020 | |
PremierCredit is a Zambian online microlending platform that makes lending simple and convenient. | Funding Round | $ 650,000 | 2019 |
Founded
2018
Overview
Hakki Africa is a Kenya-based FinTech startup that provides microfinance services for small and medium-sized enterprises.
Last round
Venture
Total raised
$ 12,700,000
Employee
11-50
Founded
2020
Overview
Cassbana is an Egyptian startup which uses AI to determine individuals and businesses' access to credit.
Last round
Pre-seed
Total raised
$ 1,000,000
Employee
101-250
Founded
2019
Overview
PremierCredit is a Zambian online microlending platform that makes lending simple and convenient.
Last round
Funding Round
Total raised
$ 650,000
Employee
51-200