Numida
Fintech
YC-backed fintech Numida raises $12.3M led by Serena Ventures to extend loans to MSMEs beyond Uganda
12:30 am PDT • September 28, 2022
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…
Startups
Uganda in the spotlight as country’s startups captivate YC, Google
8:00 pm PST • March 4, 2022
The startup ecosystem in Africa has until now been dominated by Nigeria, Kenya, South Africa and Egypt (the Big 4), countries that continue to receive the bulk of venture capital…
Startups
MFS Africa leads $2.3M seed round in Ugandan fintech startup Numida
3:52 am PDT • April 13, 2021
Small businesses in Africa need digital banking services, including plenty of credit. Although these businesses drive economic growth and contribute up to one-third of the continent’s GDP, they are often…
