Finclusion, with its portfolio of companies, drives financial inclusion in Sub-Saharan Africa using AI powered and data driven lending.
Finclusion uses in-house, proven successful, advanced proprietary A.I. algorithms for credit granting and fraud prevention.
Seasoned team of professionals with more than 50 years combined experience in banking, lending and credit risk.
Full deployment of our technology stack in a lending subsidiary in South Africa to demonstrate proof of concept – with technology partnerships outside.
Finclusion uses in-house, proven successful, advanced proprietary A.I. algorithms for credit granting and fraud prevention.
Seasoned team of professionals with more than 50 years combined experience in banking, lending and credit risk.
Full deployment of our technology stack in a lending subsidiary in South Africa to demonstrate proof of concept – with technology partnerships outside.
Location: Mauritius
Employees: 1-10
Total raised: $20M
Founded date: 2019
Investors 1
| Date | Name | Website |
| - | Acasia Ven... | acasia.ven... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 18.01.2022 | - | $20M | - |
Mentions in press and media 18
| Date | Title | Description |
| 19.12.2022 | Finclusion Group, a South African company, secures $2 million in funding | Finclusion Group, a South African company that is developing Africa’s first credit-led neobank, has announced that it has received an extra 2 million dollars in funding. Leonard Stiegeler, who is also joining the company’s board of director... |
| 14.12.2022 | SA’s Finclusion Group announced additional $2 M funding, rebrands for brand integration | A further US $2 million in investment has been announced by the South African startup Finclusion Group as it rebrands as part of brand integration. Finclusion Group is developing Africa’s first credit-led neobank in an effort to promote fin... |
| 31.05.2022 | CASF announces its third investment in Africa | The Cairo Angels Syndicate Fund (CASF) has announced an undisclosed investment in Finclusion Group, a sub-Saharan African fintech platform. This investment will mark CASF’s fourth overall investment and third investment on the African conti... |
| 31.05.2022 | Finclusion Group raises $20 million | Finclusion Group Finclusion Group Founded: 2019 Headquarters: Republic, MO, US Total Funding: $40M See full company profile "> has secured $20 million in debt and equity funding from various investors in its latest capital raise. Th... |
| 10.02.2022 | Africa poised for fintech boom as funding momentum builds on record 2021 | By the numbers: Tech funding in Africa grew faster than any other region globally in 2021, reaching a total of $5.2 billion, according to private equity firm Partech. Africa attracted twice as much activity as 2020, with 681 rounds, and the... |
| 20.01.2022 | Finclusion, An African FinTech company has raised $20 million in funding to help grow its business across Africa | Finclusion Group recently raised $20 million in debt and equity finance from a number of well-known investors. This significant fund round follows a $20 million funding round announced by Lendable in September 2021. Andela and Iyin Aboyeji,... |
| 19.01.2022 | Orda’s pre-seed, Affordable Internet for Africans, Finclusion Group’s pre-Series A | Share this article: Good day, Today I’m discussing: Orda’s $1.1 million pre-seed Affordable Internet for Africans Finclusion Group’s pre-Series A Orda’s $1.1 million pre-seed Cloud-based restaurant management platform, Orda, has announced i... |
| 18.01.2022 | Finclusion raises $20M to build out credit-led neobank offering across Africa | The digital banking space in Africa is taking shape as neobanks on the continent grow in numbers like their global counterparts. Venture capital bet from institutional investors in this class of fintechs is massive and in the latest develop... |
| 22.09.2021 | Finclusion Group buys stake in payroll software start-up HelloHR | Financial technology firm Finclusion Group has acquired a strategic stake in HelloHR, a South African payroll software start-up, for an undisclosed amount. The acquisition forms part of Finclusion Group’s strategy to provide holistic financ... |
| 18.09.2021 | Finclusion Group, an African FinTech platform, has received $20 million in investment from Lendable. | Finclusion Group, an African FinTech platform, has raised $20 million in a funding round headed by Lendable, a prominent fintech debt financing company based in the United Kingdom. Finclusion combines unique artificial intelligence (AI) alg... |
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