Fundz

Sevi secures funding from Renew Capital to transform FMCG financing in Kenya with a new 'stock now, pay later' solution.

PRIVATEJan 23, 2025

Round Type

Funding Round

Financial ServicesFintech

Investors

Renew Capital

Description

Kenyan fintech firm Sevi has obtained investment from Renew Capital to enhance stock financing for wholesalers and retailers. The funding will be used to improve Sevi's technological infrastructure and expand its network in the FMCG sector.

Quick answer

Sevi raised an undisclosed amount in a Funding Round round, dated January 23, 2025. Investors: Renew Capital.

How much did Sevi raise?
Sevi raised an undisclosed amount in a Funding Round round on January 23, 2025.
Who invested in Sevi?
Renew Capital is named as investors in this round.
What does Sevi do?
Sevi provides a B2B buy now, pay later solution.
Where is Sevi based and how big is it?
Fundz records about 54 employees.
Who are the decision-makers at Sevi?
Fundz holds 1 contact at Sevi. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Fintech around the same time

Companies in the same sectors as Sevi that raised within 45 days of this round, from Fundz verified event records.

  • Streamex Corp. raised $819K (Seed) on March 5, 2025.
  • Grain raised $33M (Series A) on March 5, 2025.
  • Helios raised $16M (Seed) on March 4, 2025.
  • Cino raised $3.7M (Seed) on March 4, 2025.
  • Lenkie raised $63M (Series A) on March 4, 2025.
  • myTU raised $11M (Series A) on March 4, 2025.

Who to call at Sevi, and when

A new round usually means Sevi is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Sevi raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Sevi, from your own LinkedIn network

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Company Information

Company

Sevi

About

Sevi provides a B2B buy now, pay later solution. The Sevi app facilitates buying products/stock/assets on credit and easy repayment. As a supplier, easily provide products on credit and process payments through Sevi. As a retailer, grow your shop and increase your capital by being able to order stock on credit at many renown suppliers.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Sevi raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

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Strategic

ML-powered predictions for Sevi's next move

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Sevi 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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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.