Finclusion Group
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Investment Firm
Overview
Finclusion is a FinTech accelerating company that provides financial services and credit products using AI-powered and data-driven lending for fraud prevention and credit granting. The company also offers buy-now-pay-later (BNPL) services, salary advance schemes, loan services, and transactional banking to individuals and SMEs across 5 countries—South Africa, Eswatini, Namibia, Kenya, and Tanzania.
Highlights
Founded
2019
Industry
FinTech
Employees
51-100
Investment
1
Lead Investment
1
Exits
undefined
Stages
Seed
Investor Type
N/A
Location
Africa
Contact Information
Social
Profile Resume
Finclusion Group, established in 2019 and headquartered in Africa., specializes in Seed investments across InsurTech, Insurance. Their recent investments include mTek. The highest investment round they participated in was $24.0M. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.
Investment portfolio
Finclusion Group has made 1 investments. Their most recent investment was on Jun 20, 2022, when mTek raised $3.0M.
investments
1
Diversity investments
0
Lead investments
1
Number of exits
undefined
Investments
1
| Annouced Date | Organization Name | Industry | Money Raised |
|---|---|---|---|
| Jun 20, 2022 | mTek | InsurTech | 3.0M |
Exits
0
Funding Timeline
Funding rounds
1
Investors
17
Funds
0
Funding Rounds
1
Finclusion Group has raised 1 rounds. Their latest funding was raised on Jun 20, 2022 from a Seed Round - mTek round.
| Annouced Date | Transaction Name | Number of Investors | Money Raised | Lead Investor |
|---|---|---|---|---|
| Jun 20, 2022 | Seed Round - mTek | - | 3.0M | - |
Investors
6
Finclusion Group is funded by 6 investor(s). Acasia Ventures and Cairo Angels Kantor are the most recent investors.
| Investor Name | Lead Investor | Funding Round | Money Raised |
|---|---|---|---|
| - | No | Debt Financing - Finclusion Group | 0 |
Cairo Angels | No | Seed Round - Finclusion Group | 0 |
Acasia Ventures | No | Seed Round - Finclusion Group | 0 |
| - | No | Seed Round - Finclusion Group | 2.0M |
Cairo AngelsFund raised
2
Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.
| Annouced Date | Fund Name | Money Raised |
|---|---|---|
| May 10, 2013 | OTPPLESS | 1.0M |
| May 11, 2013 | OTPPLESS | 1.0M |
Invest in industries
Recent Activity
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