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Numida

company

About

Numida provides digital and unsecured working capital to semiformal small businesses in Africa.

  • 11 - 50

Highlights

Total Funding Amount
$9.60M
Funding Rounds
2
Investors
3

Details

Last Funding Type
Seed
Last Funding Money Raised
$7.30M
Industries
Apps,Business Development,Financial Services,FinTech,Insurance,Mobile
Founded date
Jan 1, 2015
Number Of Employee
11 - 50
Operating Status
Active

Numida is a rapidly growing digital financial institution in East Africa serving micro- and small businesses. Thanks to our proprietary credit score, and digital credit operations we provide unsecured growth and working capital to businesses, resulting in high portfolio yields and a high impact on our borrowers’ livelihoods.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$9.60M
Numida has raised a total of $9.60M in funding over 2 rounds. Their latest funding was raised on Sep 28, 2022 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Sep 28, 2022 Seed $7.30M 2 — — Detail
Apr 13, 2021 Seed $2.30M 2 MFS Africa — Detail

Investors

Number of Lead Investors
Number of Investors
1
3
Numida is funded by 3 investors. Breega and MFS Africa are the most recent investors.
Investor Name Lead Investor Funding Round
Breega — Seed
MFS Africa — Seed
Equilibria Capital — Seed
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