StartupGrowthB2CFinance

Tugende

Asset financing for motorcycle entrepreneurs

Uganda Kampala Founded 2012 201-500 Website
Total Raised$35.0MSee the rounds
StageGrowth
Operating Since2012 (14y)

About Tugende

Tugende provides lease-to-own financing enabling boda-boda drivers to own their motorcycles.

Funding

Total Raised$35.0M

Rounds

GrowthJun 1, 2022
$15.0M

Lead: Toyota Tsusho

Debt FacilityJan 1, 2022
$10.0M

Lead: Toyota Tsusho

Investors

Toyota TsushoYamaha

Leadership & Team

Founder(s)

Michael Wilkerson

CEO

Michael Wilkerson

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Contact

tugende.co

Quick Facts

CountryUganda
Founded2012
TypeStartup
ModelB2C
Team size201-500
Operating in
UgandaKenya

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