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Tanzania’s Kuunda secures $7.5 million in pre-Series A funding to expand into Egypt and beyond, backed by investors including Portugal Gateway Fund and Seedstars Africa Ventures.
Amount Raised
$7.5 Million
Round Type
series a
Investors
Description
Kuunda, a Tanzanian fintech solutions provider, has raised $7.5 million in pre-Series A funding. The capital will enable the company to expand its services into Egypt and other regions in Africa. Investors in this funding round included several venture capital firms and financial service providers. With this funding, Kuunda aims to enhance its partnerships and develop new financing tools for MSMEs.
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