- Headquarters
- Kampala
- Employees
- 51–200
- Founded
- 2016
- Website
- numida.com
- Last Round
- BridgeSep 2022
- Rounds
- 2
About
Numida provides working capital loans to African micro businesses. Instead of borrowing from informal lenders or family, micro business owners download the Numida app, apply in minutes, and receive capital within a day. We have figured out how to score and disburse unsecured loans to cash-based businesses that have no digital transaction history, while maintaining excellent collection rates. Since 2021 we have provided $23M in working capital to 32,000 businesses in East Africa.
Summary
Numida is a Fintech company based in Kampala, Uganda, founded in 2016. Its most recent funding was a Bridge round in Sep 2022. Investors include Serena, BREEGA and 4di Ventures.
Tech & App Stack
2 technologies & apps tracked
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Funding History
Sep 2022
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Investors
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