Fin (formerly known as Finclusion Group), a Nairobi, Kenya-based financial services provider, raised USD$2M in funding.
The round was led by Leonard Stiegeler, Sudeep Ramnani and Jai Mahtani.
The company intends to use the funds to add new, fully-integrated territories to its business and develop new offerings, specifically in support of microfinance banks wanting to offer more financial services.
Co-founded by Timothy Nuy and Tonderai Mutesva, Fin is a smart finance company providing credit, insurance, financial wellness, etc. The company, which will soon offer services to microfinance banks to enhance their value proposition to customers, has subsidiaries in its core markets following suit: Fin Kenya (formerly: TrustGro); Fin Tanzania (formerly: Fikia Finance) and Fin South Africa (with its products now being SmartAdvance by Fin, NiftyCredit by Fin, NiftyCover by Fin, MediFin and e-Fin).
FinSMEs
09/12/2022