Baobab Group

company

About

Baobab is a digital finance company focusing on financial inclusion in Africa and China.

  • 1001 - 5000

Details

Last Funding Type
Private Equity(PE)
Last Funding Money Raised
€34.60M
Industries
Finance,Financial Services,FinTech
Founded date
Jan 1, 2005
Number Of Employee
1001 - 5000
Operating Status
Active

Baobab is a leading digital finance group focusing on financial inclusion for individuals and small businesses in Africa and China. Founded by Arnaud Ventura, its CEO, in 2005, Baobab employs more than 3,800 people and has over 1,000 points of presence across Madagascar, Senegal, Nigeria, Ivory Coast, Mali, Zimbabwe, Burkina Faso, Tunisia, Democratic Republic of Congo and China.
Since its inception, the Group has originated more than EUR3Bn in loans to individuals and micro, small & medium sized enterprises, helping hundreds of thousands of people to unleash their potential.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
5
€90.90M
Baobab Group has raised a total of €90.90M in funding over 2 rounds. Their latest funding was raised on May 20, 2016 from a Private Equity(PE) round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
May 20, 2016 Private Equity(PE) €34.60M 1 Detail
Mar 23, 2015 Funding Round €31.50M 1 Detail
Oct 27, 2009 Private Equity(PE) €3.60M 1 European Investment Bank Detail
Feb 1, 2007 Private Equity(PE) €7.70M 1 Detail
Jan 1, 2005 Private Equity(PE) €13.50M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
2
Baobab Group is funded by 2 investors. European Investment Bank and AFD are the most recent investors.
Investor Name Lead Investor Funding Round
European Investment Bank Private Equity(PE)
AFD Private Equity(PE)