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SA fintech startup Trade Shield raises $820k funding from FNB’s Vumela Enterprise Development Fund. The funds will be used to unlock growth opportunities in South Africa and globally.

Mar 27, 20259 months ago

Amount Raised

$820,000

Round Type

seed

JohannesburgLendingFintechFinance

Investors

Edge GrowthFnb’s Vumela Enterprise Development Fund

Description

South Africa’s Trade Shield, a tech-based business offering end-to-end credit risk management solutions, has secured ZAR15 million (US$820,000) in funding from FNB’s Vumela Enterprise Development Fund, in partnership with Edge Growth. The funding will be used to unlock growth opportunities in South Africa and globally. Since its launch in 2023, Trade Shield has demonstrated impressive growth, strong market demand, and the potential to scale as a SaaS-based business. The Trade Shield product demonstrates impact by showing how trade credit can unlock business growth.

Company Information

Company

Trade Shield

Location

Johannesburg, Gauteng, South Africa

About

Trade Shield is a South African fintech startup that offers end-to-end credit risk management solutions through a subscription-based platform. Utilizing automated data collection, predictive modelling, and AI-driven analytics, it provides businesses with real-time insights to manage trade credit risk effectively. Founded in 2023, Trade Shield aims to help businesses responsibly extend credit, boost revenue, and maintain stable debt ratios. The company is committed to driving financial inclusion for small businesses by giving them access to trade finance.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech