Finclusion Group
Investment Details
Investor Type
Private Investment Firm
Asset Class Focus
Consumer Lending, Credit, Financial Services, FinTech, InsurTech, Mortgage
Stage Focus
Seed, Early Stage, Growth
Geographical Focus
Kenya, South Africa, Tanzania, Namibia, Eswatini
Industries Focus
- Financial Services
- Technology
- FinTech
- InsurTech
- Mortgage
- Consumer Lending
Investor Details Founded: 2019
Finclusion Group is a Mauritius-based fintech platform that offers financial services and credit products using AI-powered and data-driven lending solutions. The company provides services such as buy-now-pay-later (BNPL), salary advance schemes, loan services, and transactional banking to individuals and small-to-medium-sized enterprises (SMEs) in South Africa, Eswatini, Namibia, Kenya, and Tanzania.
In December 2022, Finclusion Group rebranded as Fin to unify its brands and products across Africa, aiming to become a leading international neobank in Sub-Saharan Africa. The company has raised a total of $42 million over six funding rounds, with the latest seed round in December 2022.
Finclusion Group's offerings include Earned Wage Access, SME Finance, BNPL solutions, and transactional banking products, addressing the continent's persistent credit gap and enhancing financial inclusion in the region.
Requirements
- Focus on financial inclusion
- AI-driven lending solutions
- Presence in Sub-Saharan Africa
Contact
[Official Website Hidden]
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Portfolio Companies
- Happy Pay
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