Banco Contactar
Venture Round in 2024
Banco Contactar is a microfinance institution specializing in providing financial services to rural communities. It offers credit services, savings accounts, microinsurance, financial education, and debt insurance to support small businesses and individuals in achieving their financial goals. The company also focuses on managing and mitigating social, environmental, and climate change risks.
Finfra is an infrastructure provider that specializes in enabling non-financial platforms to incorporate lending capabilities. By offering a comprehensive financial and lending infrastructure, Finfra facilitates the integration of financial services into various technology environments. The company streamlines the process from application to decision-making to operational execution, allowing businesses to transform into fintech entities with ease. Through its services, Finfra helps companies unlock new revenue streams and enhance their operational efficiency by seamlessly embedding lending functionalities into their existing platforms.
First Circle
Series B in 2024
First Circle is a financial services company based in Taguig, Philippines, founded in 2015. It focuses on providing consumer lending, mortgages, and asset-based lending services, specifically tailored for small and medium enterprises (SMEs) in Southeast Asia. The company has developed an online financing platform that offers collateral-free short-term loans and trade financing to support the growth of businesses. By leveraging advanced data analytics and a user-friendly online account system, First Circle aims to enhance access to funding for SMEs, empowering business owners to expand beyond their immediate networks. Additionally, the company offers dedicated customer support and resources to foster a community among entrepreneurs, facilitating long-term growth and opportunity.
FlexiLoans
Series C in 2024
FlexiLoans is a digital lending platform founded in 2016, headquartered in Mumbai, India. It specializes in providing quick, flexible loans to small and medium enterprises (SMEs) that lack credit history or adequate collateral, enabling growth opportunities often overlooked by traditional banking channels.
Moffin is an integration platform that facilitates collection and assessment of Know Your Customer (KYC) data. It offers API-based solutions for seamless customer financial information evaluation.
Amartha
Venture Round in 2024
Amartha is a microfinance technology platform dedicated to fostering economic growth at the grassroots level by facilitating connections between micro and small to medium-sized enterprises (SMEs) and investors. The platform enables entrepreneurs, particularly in rural areas, to access microfinance loans through user-friendly mobile applications and websites. By bridging the gap between potential lenders and borrowers, Amartha aims to create equal opportunities for prosperity, thereby contributing to the overall development of local economies.
Cashinvoice
Series A in 2024
Cashinvoice is a digital marketplace that unlocks supply chain finance for small businesses. They provide a technology platform that links financial institutions, large corporations, and their MSME supply chain partners to extend working capital by offering embedded lending products that grow and scale. Cashinvoice's technologies enable corporations to accelerate their transformation, modernize and mobilize their finance team's operations, and maximize their business performance.
CredRight
Venture Round in 2023
CredRight is a data-driven lending platform that enables micro, small, and medium enterprises to access credit through partnerships with banks and non-banking financial companies. The platform supports online registration, document submission, and remote loan applications, delivering faster approvals and disbursements. It focuses on unsecured, collateral-free working capital loans, offering small businesses a straightforward, digital path to capital from financial institutions.
IKF Finance
Private Equity Round in 2023
IKF Finance Limited is a non-banking financial company based in Hyderabad, India, established in 1991. It specializes in providing finance for commercial vehicles and construction equipment, as well as other types of loans. The company offers vehicle loans for both new and used commercial vehicles, working capital loans for transport operators, and asset/collateral management services. IKF Finance Limited was previously known as IKF Finance & Investments Limited before changing its name in October 1998.
Advance Tech Lending
Venture Round in 2022
Advance Tech Lending Inc. is an online salary loans provider based in Makati City, Philippines, founded in 2018. The company focuses on enhancing employee productivity by offering financial empowerment solutions. By providing quick access to funds, Advance Tech Lending helps employees meet their daily financial needs with minimal hassle, charging only a processing fee without any interest. This approach not only facilitates immediate financial relief but also contributes to increased employee engagement, reduced turnover, and lower workplace stress, thereby assisting organizations in attracting and retaining talent.
Fairbanc
Seed Round in 2022
Fairbanc is an AI-powered online payments platform based in San Francisco, California, designed specifically for small and medium enterprises (SMEs) in emerging markets. The platform provides access to credit without the need for collateral or a credit history. By leveraging digital footprints, such as transaction histories and mobile data, Fairbanc offers instant digital credit lines that SMEs can use to purchase inventory from approved suppliers. This innovative approach not only facilitates easier payment processes but also helps retail shop owners increase sales by up to 20% while allowing them to develop a credit history. Additionally, suppliers benefit from more consistent order cycles and instant payments upon delivery, enhancing their sales opportunities. Fairbanc's gender-intelligent ecosystem aims to eliminate the limitations of cash transactions and empower SMEs across various sectors.
R5 is a company based in Colombia that simplifies vehicle ownership by providing an online insurance and lending platform. It enables low-income customers to use their cars and motorcycles as collateral to secure financing. The platform facilitates access to funds for refinancing expensive debt or investing in businesses, offering a digital process for purchasing compulsory vehicle insurance with affordable policies. Through its services, R5 allows customers to leverage their vehicles to obtain credit at lower rates, making financial opportunities more accessible.
Annapurna Finance
Private Equity Round in 2021
Annapurna Finance is a microfinance company dedicated to the financial and economic upliftment of underserved women and economically backward clients. The firm focuses on expanding microfinance operations in areas that remain outside the formal financial system, providing essential financial and technical support to help clients develop entrepreneurial skills and engage in business activities. Annapurna Finance offers a range of services, including micro-loans for clean water, sanitation, home improvement, support for widowed families, and small businesses. Additionally, the company provides customized insurance plans tailored to the specific needs of its clients, ensuring that they receive the financial assistance necessary for economic empowerment throughout various stages of their lives.
Kuunda is a B2B advisory platform that specializes in providing financial services tailored for developing economies. The company offers a range of solutions including liquidity management tools, data insight tools, and consulting services. Its platform empowers users, such as underserved agents, merchants, and consumers, to access the liquidity they need to meet their financial requirements. By facilitating connections between users and bank partners, Kuunda enhances network productivity and encourages the distribution of products, ultimately promoting economic resilience and growth. The company aims to help individuals and businesses maintain their standard of living while driving measurable results through its innovative digital offerings.
Cashinvoice
Seed Round in 2021
Cashinvoice is a digital marketplace that unlocks supply chain finance for small businesses. They provide a technology platform that links financial institutions, large corporations, and their MSME supply chain partners to extend working capital by offering embedded lending products that grow and scale. Cashinvoice's technologies enable corporations to accelerate their transformation, modernize and mobilize their finance team's operations, and maximize their business performance.
CredRight
Venture Round in 2021
CredRight is a data-driven lending platform that enables micro, small, and medium enterprises to access credit through partnerships with banks and non-banking financial companies. The platform supports online registration, document submission, and remote loan applications, delivering faster approvals and disbursements. It focuses on unsecured, collateral-free working capital loans, offering small businesses a straightforward, digital path to capital from financial institutions.
Dinie is a pioneering fintech company specializing in embedded lending infrastructure tailored for B2B platforms in Brazil, particularly focusing on the underserved micro, small, and medium-sized enterprise (MSME) market. The company simplifies the process for digital platforms to offer instant revolving lines of credit and B2B payment solutions through straightforward API integration. By providing flexible financial services with pre-approved credit limits, Dinie empowers businesses to access the financial tools necessary for their growth and success. Its innovative approach positions Dinie at the forefront of the embedded lending model and open finance landscape in Brazil.
Lidya is a financial services platform focused on small and medium enterprises in Nigeria, enabling online account opening, funds management, credit building, and access to working capital. Founded in 2016 and based in Lagos, the company uses mobile-first technology and proprietary credit scoring to help SMEs open accounts quickly, manage receivables and cash flow, and secure affordable credit with higher limits as their credit profiles improve.
Fairbanc
Seed Round in 2021
Fairbanc is an AI-powered online payments platform based in San Francisco, California, designed specifically for small and medium enterprises (SMEs) in emerging markets. The platform provides access to credit without the need for collateral or a credit history. By leveraging digital footprints, such as transaction histories and mobile data, Fairbanc offers instant digital credit lines that SMEs can use to purchase inventory from approved suppliers. This innovative approach not only facilitates easier payment processes but also helps retail shop owners increase sales by up to 20% while allowing them to develop a credit history. Additionally, suppliers benefit from more consistent order cycles and instant payments upon delivery, enhancing their sales opportunities. Fairbanc's gender-intelligent ecosystem aims to eliminate the limitations of cash transactions and empower SMEs across various sectors.
NOW Money
Venture Round in 2021
NOW Money is a fintech company that leverages mobile banking technology to offer financial services to the unbanked population in the Middle East. By providing accounts and remittance solutions, NOW Money aims to include individuals who are currently excluded from the financial system. The company focuses on low-income migrant workers in the Gulf region, offering them access to essential financial tools, including international money transfers and currency conversion services, at a reduced cost. This approach not only facilitates financial inclusion but also helps users save significantly on remittance expenses.
TerraMagna
Seed Round in 2020
TerraMagna is a Brazilian fintech company specializing in innovative financial solutions for the agriculture sector. It offers personal loans, CFB lending, embedded buy-now-pay-later services for agricultural inputs, and crop-collateralized financing, all accessible via its web platform. TerraMagna aims to strengthen the entire agricultural value chain by providing tailored credit options, reducing dependence on traditional financiers, and promoting sustainable food security.
Advance Tech Lending
Seed Round in 2020
Advance Tech Lending Inc. is an online salary loans provider based in Makati City, Philippines, founded in 2018. The company focuses on enhancing employee productivity by offering financial empowerment solutions. By providing quick access to funds, Advance Tech Lending helps employees meet their daily financial needs with minimal hassle, charging only a processing fee without any interest. This approach not only facilitates immediate financial relief but also contributes to increased employee engagement, reduced turnover, and lower workplace stress, thereby assisting organizations in attracting and retaining talent.
CreditMantri
Venture Round in 2020
CreditMantri is an Indian digital platform that helps users manage their credit health. It provides personalized credit reports, tracks payment activities, offers credit improvement services, and facilitates loan applications based on individual credit profiles.
Smartcoin
Series A in 2020
SmartCoin Financials Private Limited operates a mobile app-based lending platform that specializes in providing unsecured loans to individuals outside the salaried class. Established in 2015 and based in Bengaluru, India, SmartCoin utilizes data science and machine learning algorithms to evaluate the risk profiles of potential borrowers in real time. The platform allows users to register, upload necessary documents, and select from various loan options. By leveraging a proprietary credit underwriting engine, it aggregates numerous data points from a customer's smartphone to create a tailored credit score. This technology enables SmartCoin to offer personalized loan products instantly, with funds transferred directly to the borrower’s bank account.
SMECorner
Series B in 2020
SMECorner is an Indian financial services firm established in 2014, headquartered in Mumbai. It specializes in providing swift access to business loans for micro, small, and medium enterprises (MSMEs) through its online platform. The company combines machine learning, data science, and artificial intelligence to evaluate loan applications, using both traditional and alternative data sources. SMECorner offers two primary products: unsecured business loans and loans against property, aiming to bridge India's SME lending gap.
Prayaan Capital
Seed Round in 2020
Founded in 2018, Prayaan Capital specializes in providing financial services, including secured loans and machinery financing, to micro, small, and medium enterprises. The company offers advisory services and business enhancement tools to support the growth of these businesses.
LulaLend is more than a company. It’s a belief in the power of small business, making a difference, building a better solution and striving for excellence. We work hard to empower businesses across South Africa with the funds they need to grow, and we have a great time doing it!
SMECorner
Series A in 2019
SMECorner is an Indian financial services firm established in 2014, headquartered in Mumbai. It specializes in providing swift access to business loans for micro, small, and medium enterprises (MSMEs) through its online platform. The company combines machine learning, data science, and artificial intelligence to evaluate loan applications, using both traditional and alternative data sources. SMECorner offers two primary products: unsecured business loans and loans against property, aiming to bridge India's SME lending gap.
Destácame
Series A in 2019
Destácame is a Chilean fintech company that develops an online platform focused on improving financial inclusion and literacy. It offers tools for managing past-due debts, credit history, consumer loans, savings, and other financial health aspects, empowering individuals to better handle their finances.
BASIX Sub-K iTransactions
Series B in 2018
BASIX Sub-K iTransactions Limited, established in 2010 and headquartered in Hyderabad, India, operates a mobile technology-based transactional platform designed to provide digitized services to residents in rural, urban, and semi-urban areas. The company offers a range of financial services including banking, savings, government payments, money transfers, utility payments, and prepaid mobile top-ups through a network of basic convenience outlets. Sub-K, which translates to "for everyone" in Hindi and indicates transactions within 1,000 meters distance for less than 1,000 rupees, serves as a subsidiary under the BASIX Social Enterprise Group. It recruits, trains, and equips local entrepreneurs as Business Correspondent agents who act as human ATMs, facilitating real-time banking and non-banking solutions at the last mile of connectivity between banks and end consumers. The company aims to bridge the digital divide by offering affordable, accessible, and scalable digital payment solutions to the bottom-of-the-pyramid segment, ultimately creating a financially included society.
Tez Financial Services
Seed Round in 2018
Tez Financial Services Limited is a digital non-banking microfinance company based in Karachi, Pakistan, founded in 2017. It offers a comprehensive smartphone application that provides financial services to the unbanked and under-banked population. The platform aggregates various financial products, including nano credit services through Tez Advance, insurance distribution via Tez Bima, and investment solutions through Tez Sarmaya. By utilizing algorithms and artificial intelligence, the application analyzes users' digital footprints, social behaviors, and consumption patterns to facilitate access to credit, savings, insurance, and investment options. This innovative approach aims to address the financial needs of individuals seeking short-term liquidity and security in health and life insurance.
SMECorner
Seed Round in 2018
SMECorner is an Indian financial services firm established in 2014, headquartered in Mumbai. It specializes in providing swift access to business loans for micro, small, and medium enterprises (MSMEs) through its online platform. The company combines machine learning, data science, and artificial intelligence to evaluate loan applications, using both traditional and alternative data sources. SMECorner offers two primary products: unsecured business loans and loans against property, aiming to bridge India's SME lending gap.
Lend Street Financial
Series A in 2018
Lend Street Financial, Inc. is a consumer lending company focused on assisting individuals in financial distress by providing solutions to refinance existing debt and rebuild their credit. Established in 2010 and headquartered in Oakland, California, the company operates in multiple states, including Arizona, Arkansas, California, Florida, Maryland, Massachusetts, Minnesota, Missouri, New Mexico, North Carolina, Oklahoma, Pennsylvania, and Texas. Lend Street Financial engages in negotiations with creditors to secure discounts on debts, which allows customers to reduce their financial burdens and achieve a fresh start. Through its partnerships within the financial sector, the company aims to facilitate debt relief, enabling clients to regain control of their financial futures.
CredRight
Seed Round in 2018
CredRight is a data-driven lending platform that enables micro, small, and medium enterprises to access credit through partnerships with banks and non-banking financial companies. The platform supports online registration, document submission, and remote loan applications, delivering faster approvals and disbursements. It focuses on unsecured, collateral-free working capital loans, offering small businesses a straightforward, digital path to capital from financial institutions.
Lidya is a financial services platform focused on small and medium enterprises in Nigeria, enabling online account opening, funds management, credit building, and access to working capital. Founded in 2016 and based in Lagos, the company uses mobile-first technology and proprietary credit scoring to help SMEs open accounts quickly, manage receivables and cash flow, and secure affordable credit with higher limits as their credit profiles improve.
Smartcoin
Seed Round in 2018
SmartCoin Financials Private Limited operates a mobile app-based lending platform that specializes in providing unsecured loans to individuals outside the salaried class. Established in 2015 and based in Bengaluru, India, SmartCoin utilizes data science and machine learning algorithms to evaluate the risk profiles of potential borrowers in real time. The platform allows users to register, upload necessary documents, and select from various loan options. By leveraging a proprietary credit underwriting engine, it aggregates numerous data points from a customer's smartphone to create a tailored credit score. This technology enables SmartCoin to offer personalized loan products instantly, with funds transferred directly to the borrower’s bank account.
BASIX Sub-K iTransactions
Venture Round in 2018
BASIX Sub-K iTransactions Limited, established in 2010 and headquartered in Hyderabad, India, operates a mobile technology-based transactional platform designed to provide digitized services to residents in rural, urban, and semi-urban areas. The company offers a range of financial services including banking, savings, government payments, money transfers, utility payments, and prepaid mobile top-ups through a network of basic convenience outlets. Sub-K, which translates to "for everyone" in Hindi and indicates transactions within 1,000 meters distance for less than 1,000 rupees, serves as a subsidiary under the BASIX Social Enterprise Group. It recruits, trains, and equips local entrepreneurs as Business Correspondent agents who act as human ATMs, facilitating real-time banking and non-banking solutions at the last mile of connectivity between banks and end consumers. The company aims to bridge the digital divide by offering affordable, accessible, and scalable digital payment solutions to the bottom-of-the-pyramid segment, ultimately creating a financially included society.
First Circle
Venture Round in 2017
First Circle is a financial services company based in Taguig, Philippines, founded in 2015. It focuses on providing consumer lending, mortgages, and asset-based lending services, specifically tailored for small and medium enterprises (SMEs) in Southeast Asia. The company has developed an online financing platform that offers collateral-free short-term loans and trade financing to support the growth of businesses. By leveraging advanced data analytics and a user-friendly online account system, First Circle aims to enhance access to funding for SMEs, empowering business owners to expand beyond their immediate networks. Additionally, the company offers dedicated customer support and resources to foster a community among entrepreneurs, facilitating long-term growth and opportunity.
NOW Money
Convertible Note in 2017
NOW Money is a fintech company that leverages mobile banking technology to offer financial services to the unbanked population in the Middle East. By providing accounts and remittance solutions, NOW Money aims to include individuals who are currently excluded from the financial system. The company focuses on low-income migrant workers in the Gulf region, offering them access to essential financial tools, including international money transfers and currency conversion services, at a reduced cost. This approach not only facilitates financial inclusion but also helps users save significantly on remittance expenses.
Lidya is a financial services platform focused on small and medium enterprises in Nigeria, enabling online account opening, funds management, credit building, and access to working capital. Founded in 2016 and based in Lagos, the company uses mobile-first technology and proprietary credit scoring to help SMEs open accounts quickly, manage receivables and cash flow, and secure affordable credit with higher limits as their credit profiles improve.
CreditMantri
Series B in 2017
CreditMantri is an Indian digital platform that helps users manage their credit health. It provides personalized credit reports, tracks payment activities, offers credit improvement services, and facilitates loan applications based on individual credit profiles.
Destácame
Seed Round in 2017
Destácame is a Chilean fintech company that develops an online platform focused on improving financial inclusion and literacy. It offers tools for managing past-due debts, credit history, consumer loans, savings, and other financial health aspects, empowering individuals to better handle their finances.
Aye Finance
Series B in 2016
Aye Finance is a finance company specializing in providing business loans to micro and small enterprises. It leverages technology and robust processes to deliver customer-centered financial services, aiming to facilitate better financial inclusion.
Comunidad 4Uno
Seed Round in 2016
Comunidad 4Uno (C4Uno) is an online platform that distributes tailored and market-based financial products to low income and financially excluded domestic workers.
The company aims to be the largest and most reliable financial product distribution channel for the low income population in Mexico by 2020.
Lulalend
Seed Round in 2016
LulaLend is more than a company. It’s a belief in the power of small business, making a difference, building a better solution and striving for excellence. We work hard to empower businesses across South Africa with the funds they need to grow, and we have a great time doing it!
Destácame
Seed Round in 2016
Destácame is a Chilean fintech company that develops an online platform focused on improving financial inclusion and literacy. It offers tools for managing past-due debts, credit history, consumer loans, savings, and other financial health aspects, empowering individuals to better handle their finances.
StreetShares
Series A in 2016
StreetShares, Inc. is a technology company based in Reston, Virginia, that focuses on small business lending through its peer-to-peer marketplace. Founded in 2013, it provides a lending-as-a-service platform that enables community banks, credit unions, and other non-financial organizations to offer loans to small businesses efficiently. The company's platform supports a variety of lending products, including term loans and business bonds, facilitating a digital, omnichannel experience for both lenders and borrowers. With a commitment to streamlining the lending process, StreetShares features one-day underwriting, allowing financial institutions to connect with small business owners in a timely and hassle-free manner. The company has garnered recognition for its innovative approach and contributions to the field of small business banking.
Aye Finance
Series A in 2015
Aye Finance is a finance company specializing in providing business loans to micro and small enterprises. It leverages technology and robust processes to deliver customer-centered financial services, aiming to facilitate better financial inclusion.
SMECorner
Pre Seed Round in 2015
SMECorner is an Indian financial services firm established in 2014, headquartered in Mumbai. It specializes in providing swift access to business loans for micro, small, and medium enterprises (MSMEs) through its online platform. The company combines machine learning, data science, and artificial intelligence to evaluate loan applications, using both traditional and alternative data sources. SMECorner offers two primary products: unsecured business loans and loans against property, aiming to bridge India's SME lending gap.
StreetShares
Seed Round in 2015
StreetShares, Inc. is a technology company based in Reston, Virginia, that focuses on small business lending through its peer-to-peer marketplace. Founded in 2013, it provides a lending-as-a-service platform that enables community banks, credit unions, and other non-financial organizations to offer loans to small businesses efficiently. The company's platform supports a variety of lending products, including term loans and business bonds, facilitating a digital, omnichannel experience for both lenders and borrowers. With a commitment to streamlining the lending process, StreetShares features one-day underwriting, allowing financial institutions to connect with small business owners in a timely and hassle-free manner. The company has garnered recognition for its innovative approach and contributions to the field of small business banking.
CreditMantri
Series A in 2015
CreditMantri is an Indian digital platform that helps users manage their credit health. It provides personalized credit reports, tracks payment activities, offers credit improvement services, and facilitates loan applications based on individual credit profiles.
Lend Street Financial
Seed Round in 2015
Lend Street Financial, Inc. is a consumer lending company focused on assisting individuals in financial distress by providing solutions to refinance existing debt and rebuild their credit. Established in 2010 and headquartered in Oakland, California, the company operates in multiple states, including Arizona, Arkansas, California, Florida, Maryland, Massachusetts, Minnesota, Missouri, New Mexico, North Carolina, Oklahoma, Pennsylvania, and Texas. Lend Street Financial engages in negotiations with creditors to secure discounts on debts, which allows customers to reduce their financial burdens and achieve a fresh start. Through its partnerships within the financial sector, the company aims to facilitate debt relief, enabling clients to regain control of their financial futures.
Artoo provides a comprehensive CRM platform for financial institutions. It enables management of customer interactions and offers insights through modules such as lead management, loan origination, credit underwriting, collections, analytics, KYC image capture, and more.
Aye Finance
Seed Round in 2015
Aye Finance is a finance company specializing in providing business loans to micro and small enterprises. It leverages technology and robust processes to deliver customer-centered financial services, aiming to facilitate better financial inclusion.
First Access
Venture Round in 2015
First Access is a financial technology company founded in 2011 and headquartered in New York. It specializes in providing a smart data platform tailored for financial institutions in emerging markets, particularly micro and SME lenders. The company focuses on digitizing paper-based operations, allowing these institutions to collect rich data, monitor trends, and automate processes without disrupting their daily activities. Leveraging its expertise in credit scoring, First Access enables lenders to adopt advanced data-driven strategies, incorporating machine learning insights to enhance their capabilities. The company aims to transform data into financial opportunities by facilitating the automation and digitization of credit access through user-friendly technology, ultimately fostering growth and collaboration within the financial sector.
Konfio
Convertible Note in 2014
Konfio is a financial services platform in Mexico that provides online lending and payment solutions for micro, small, and medium-sized businesses. It offers working capital and short-term loans, fixed-rate loans, corporate cards, and online payments. The platform uses a data-driven approach with proprietary analytics to measure creditworthiness and extend affordable credit to businesses underserved by traditional banks, supporting growth and productivity.
Shubham Housing Development Finance Company
Series C in 2014
Shubham Housing Development Finance Company Private Limited, established in 2010 and headquartered in Gurugram, India, specializes in providing housing finance solutions to families with informal incomes. The company offers a range of financial products, including home loans, home improvement loans, and loans against property. As one of the pioneering organizations in India focused on serving urban low-income and informal income families, Shubham aims to facilitate home ownership by offering formal credit options to those typically excluded by traditional lending institutions. Its unique operating model emphasizes an interview-based approach to underwriting, allowing the company to gain a comprehensive understanding of customers' income and expense flows, rather than relying solely on conventional documentation.
StreetShares
Seed Round in 2014
StreetShares, Inc. is a technology company based in Reston, Virginia, that focuses on small business lending through its peer-to-peer marketplace. Founded in 2013, it provides a lending-as-a-service platform that enables community banks, credit unions, and other non-financial organizations to offer loans to small businesses efficiently. The company's platform supports a variety of lending products, including term loans and business bonds, facilitating a digital, omnichannel experience for both lenders and borrowers. With a commitment to streamlining the lending process, StreetShares features one-day underwriting, allowing financial institutions to connect with small business owners in a timely and hassle-free manner. The company has garnered recognition for its innovative approach and contributions to the field of small business banking.
GO Finance
Seed Round in 2014
GO Finance Company Limited is a Tanzanian non-bank financial institution headquartered in Dar es Salaam. The company specializes in providing meso-finance services aimed at small and medium enterprises, particularly those involved in the distribution of fast-moving consumer goods. GO Finance offers a range of financial products, including working capital, short to medium-term loans, hire purchase, and insurance. A key feature of its service is GOBi, a mobile and cloud-based financial record-keeping tool that collects transaction data to facilitate credit risk assessment. This innovative approach allows micro, small, and medium enterprises to access digital data for informed credit decision-making, distinguishing it from traditional banking methods. In addition to financial services, GO Finance also focuses on enhancing the capacity of entrepreneurs through targeted training and access to information technology, thereby strengthening local businesses in East Africa's product distribution value chains.
StreetShares
Seed Round in 2014
StreetShares, Inc. is a technology company based in Reston, Virginia, that focuses on small business lending through its peer-to-peer marketplace. Founded in 2013, it provides a lending-as-a-service platform that enables community banks, credit unions, and other non-financial organizations to offer loans to small businesses efficiently. The company's platform supports a variety of lending products, including term loans and business bonds, facilitating a digital, omnichannel experience for both lenders and borrowers. With a commitment to streamlining the lending process, StreetShares features one-day underwriting, allowing financial institutions to connect with small business owners in a timely and hassle-free manner. The company has garnered recognition for its innovative approach and contributions to the field of small business banking.
eMoneyPool
Seed Round in 2014
eMoneyPool, Inc. is a Phoenix, Arizona-based company that operates a money pool marketplace in the United States. Founded in 2012, eMoneyPool provides an online community portal that facilitates peer-lending groups, allowing users to pool money each month and take turns receiving a lump sum. The platform is designed to assist individuals in achieving short-term financial goals by leveraging their social networks to access capital. Additionally, eMoneyPool aims to build credit for its users by creating pathways to traditional mainstream lenders through the use of alternative credit and payment histories. The company's mission focuses on fostering a community of savers and borrowers to help each other meet important financial objectives.
Varthana
Seed Round in 2013
Varthana is a financial services company that partners with committed education entrepreneurs to enhance access to quality education for underprivileged communities. It offers tailored loans for infrastructure development, teacher training programs, and other educational initiatives in low-cost private schools.
Salud Facil
Seed Round in 2013
Salud Fácil is a financial services provider focused on making healthcare accessible to low-income individuals. The company offers financing solutions for a range of medical procedures, including dental treatments, eye surgeries, and childbirth services, specifically targeting patients at the base of the economic pyramid. With out-of-pocket healthcare expenses representing a significant portion of total costs in the market, and a limited percentage of the population able to afford private insurance, Salud Fácil aims to bridge this gap by providing low-interest loans. This approach enables disadvantaged individuals to access essential healthcare services that they might otherwise be unable to afford.
Tiaxa is a company that specializes in providing innovative financial services aimed at enhancing financial inclusion through mobile technology. It offers a unique solution by delivering over 2 million Nano-Credits daily in 14 countries, including Argentina, Bangladesh, and Mexico. These Nano-Credits serve as small loans, allowing prepaid mobile subscribers to access airtime or cash via mobile money, enabling them to complete calls, send messages, or engage in data transactions even when their prepaid balance is depleted. In addition to its lending services, Tiaxa supports the mobile telecommunications sector by offering infrastructure and revenue enhancement services, which improve the management of prepaid user bases and boost revenues for operators such as China Telecom and Telefónica Movistar.
Saija Finance
Series B in 2012
Saija Finance Private Limited is a non-banking finance company and microfinance institution headquartered in Patna, Bihar. It is the only NBFC-MFI operating in the state, focusing on delivering microfinance services to underserved urban and rural populations, as well as micro and small businesses in Northern and Eastern India. Saija aims to address the financial needs of clients in some of the poorest regions of India, where access to formal financial services is limited. Currently, the company serves approximately 26,037 clients across five districts in Bihar through its network of seven branches. Saija Finance provides credit for essential and eco-friendly products, such as water purifiers and solar lamps, facilitating business growth among local entrepreneurs.
Founded in 2009, Zoona is a mobile technology company that provides safe and reliable financial services to underserved communities across Africa. It offers products such as money transfers, electronic voucher payments, and agent payments through its interoperable distribution network. With operations in Zambia, Malawi, Mozambique, and support offices in South Africa, Zoona has processed over $2 billion in transactions since inception.