Uncovered Fund
Venture
Tofino Capital reaches first close of $10M fund to back startups in frontier markets
12:44 am PDT • April 21, 2022
Tofino Capital, a venture capital firm targeting early-stage startups in emerging markets, has launched its $10 million fund. It is announcing the first close of this fund at $5 million…
Startups
Nigeria’s CredPal secures $15M in debt and equity to scale its BNPL product across Africa
2:01 am PDT • March 29, 2022
The adoption of buy now, pay later (BNPL) in Nigeria as a payment option both online and at the point of sale is expected to record a CAGR of 20%…
Fintech
Ventures Platform, Hustle Fund back Nigerian fintech Brass in $1.7M round
1:00 am PDT • October 21, 2021
Small and medium enterprises make up more than 95% of all businesses in Nigeria. But despite their sheer size and importance, a majority of them are underserved by financial institutions…
Startups
Japan’s Uncovered Fund launches $15M fund to back early-stage startups in Africa
11:41 pm PST • February 15, 2021
Uncovered Fund, a VC firm targeting early-stage startups in Africa, announced today that it has launched its $15 million fund, which is expected to close at the end of June…
