Indicina is a challenger Credit Agency that does things a little differently. We use advanced machine learning technology to build powerful decision-making tools that unearth unique customer financial data.
Our tailor-made open banking platform - Decide, leverage unique data points to build more inclusive profiles. Decide's smart analytics allows us to look at lender's income, spend, sweep and cash flow pattern to deliver an array of extensive attributes for a complete story of the borrower's financial status.
Our tailor-made open banking platform - Decide, leverage unique data points to build more inclusive profiles. Decide's smart analytics allows us to look at lender's income, spend, sweep and cash flow pattern to deliver an array of extensive attributes for a complete story of the borrower's financial status.
Employees: 11-50
Total raised: $3M
Founded date: 2018
Investors 11
Show more
Funding Rounds 1
| Date | Series | Amount | Investors |
| 06.06.2022 | Seed | $3M | Target Glo... |
Mentions in press and media 25
| Date | Title | Description |
| 11.06.2022 | Indicina, a Nigerian fintech startup, has raised $3 million in seed funding. | Indicina, a Nigerian fintech firm that is building API-driven credit infrastructure for Africa, has raised $3 million in funding to help it expand into other African countries. Greycroft and RV Ventures also participated in the investment r... |
| 10.06.2022 | Indicina raises $3 million to help lenders make smarter credit decisions | Africans have trouble accessing credit compared to people in other places in the world because of the low coverage of credit bureaus that are supposed to record their information. According to a World Bank report, private credit bureaus hav... |
| 07.06.2022 | Indicina announces a $3million Seed Fund led by Target Global with participation from Greycroft | Image courtesy of Indicina Focused on building API-driven credit infrastructure for Africa, Indicina raised $3 million in a Seed round to foster the commitment to the credit value chain. This round was led by Target Global with participatio... |
| 06.06.2022 | Nigeria’s Indicina raises $3M to help businesses offer credit to their customers at scale | For years, Africa’s credit infrastructure has lagged behind the rest of the world due to low credit coverage from its bureaus. Per a World Bank report, only 11% of Africa’s population have their credit information recorded by private credit... |
| 06.06.2022 | Nigeria's Indicina Raises $3m to Help Businesses Offer Credit to Their Customers At Scale | For years, Africa's credit infrastructure has lagged behind the rest of the world due to low credit coverage from its bureaus. Per a World Bank report, only 11% of Africa's population have their credit information recorded by private credit... |
| 06.06.2022 | DEAL: Nigerian startup, Indicina raises $3 million Seed round for African expansion | --> --> Credit agency startup, Indicina has raised $3 million to drive its African expansion plans. The company, which currently operates in Nigeria and Kenya says it will also use the fund to build more products for consumer credit r... |
| 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 | Cashflow for African SMEs, Asset financing in Uganda | Share this article: Good day, Today I’m discussing: Float’s $17m seed to power small businesses Asaak’s raise to support asset financing Float wants to power small businesses in Africa If you follow our newsletter closely, you probably obse... |
| 17.01.2022 | The WiiCreate story, investing in Morocco | Share this article: Good day, Today I’m discussing: The inside gist on WiiCreate Morocco’s digital nation ambitions The inside gist on WiiCreate L-R, Wiicreate’s Co-Founders, Oreoluwa Shonibare, Darasimi Assim-Ita, and Ebiegberi Nyingifa Be... |
| 14.01.2022 | TwitterBan and future shutdowns, Lipa Later’s $12m pre-Series A, Fintech Farm’s $7.4m seed | Share this article: Hello there. Today, I’m discussing: Nigeria’s Twitter ban as a model for future shutdowns Lipa Later’s $12 million raise Fintech Farm’s $7.4m funding #TwitterBan Update: A model for future shutdowns? It’s no news that th... |
Show more