Yc-Backed Fintech Numida Raises $12.3M Led By Serena Ventures To Extend Loans To Msmes Beyond Uganda
Amount Raised
$12.3 Million
Round Type
Funding Round
UgandaFinancial ServicesFinanceFintechLendingDescription
Micro, small and medium-sized enterprises (MSMEs) across Africa make up the bulk — over 90% — of businesses in the continent but are still marginalized in accessing credit from formal institutions because of the nature of their operations; for instance, many often lack the kind of collateral that is acceptable by banks.
Quick answer
Numida raised $12.3 Million in a Funding Round round, dated September 28, 2022. Numida is based in Uganda.
- How much did Numida raise?
- Numida raised $12.3 Million in a Funding Round round on September 28, 2022.
- What does Numida do?
- Numida provides working capital loans to African micro businesses
- Where is Numida based and how big is it?
- Numida is based in Uganda.
Source: Fundz verified event record.
Who else raised in Financial Services and Finance around the same time
Companies in the same sectors as Numida that raised within 45 days of this round, from Fundz verified event records.
- Blnk raised $32M on November 10, 2022.
- InterPrice Technologies raised $7.3M (Series A) on November 2, 2022.
- Arf raised $13M (Funding Round) on October 26, 2022.
- NatWest Group raised an undisclosed amount on October 25, 2022.
- Uplinq raised $1.3M (Seed) on October 20, 2022.
- Regional Management raised $200M (Funding Round) on October 20, 2022.
Who to call at Numida, and when
A new round usually means Numida is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Numida raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Numida, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Numida. With Fundz connected, it knows.
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Fundz sees it the moment Numida raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Numida raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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