YC-backed fintech Numida raises $12.3M led by Serena Ventures to extend loans to MSMEs beyond Uganda

Micro, small and medium-sized enterprises (MSMEs) across Africa make up the bulk — over 90% — of businesses in the continent but are still marginalized in accessing credit from formal institutions because of the nature of their operations; for instance, many often lack the kind of collateral tha…

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YC-backed fintech Numida raises $12.3M led by Serena Ventures to extend loans to MSMEs beyond Uganda

Micro, small and medium-sized enterprises (MSMEs) across Africa make up the bulk — over 90% — of businesses in the continent but are still marginalized in accessing credit from formal institutions because of the nature of their operations; for instance, many often lack the kind of collateral tha…

Source :
Disclaimer: Short summery, auto-generated by bot, is from article's description and not meant to replace reading the original article.
We do not promote or affiliated with external links in any way.
We have no control over the nature, content and availability of those sites.
All content on this site is meant to be used for information purposes only,
should not be taken as investment advice.
Trademarks and related content are owned by their respective companies.
Read the Terms of Services
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