MauritiusAbout Finclusion Group
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.
Investment Mandate
Investment Stages3
Geographical Focus
Kenya
South Africa
Tanzania
Namibia
EswatiniRequirements
Focus on financial inclusion, AI-driven lending solutions, Presence in Sub-Saharan Africa
Stated Portfolio1
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