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Location: Nigeria, Lagos
Employees: 11-50
Total raised: $3.3M
Investors 1
Funding Rounds 1
| Date | Series | Amount | Investors |
| 10.10.2022 | - | $3.3M | - |
Mentions in press and media 15
| Date | Title | Description |
| 13.08.2025 | Digital lenders face up to ₦100m fine for unethical conduct under FCCPC new rules | Digital lenders in Nigeria now risk fines between ₦50 million and ₦100 million, or 1% of their annual turnover, for unethical conduct and other violations under new rules introduced by the Federal Competition and Consumer Protection Commiss... |
| 11.08.2025 | From AI to credit bureaus: How Nigerian digital lenders are tackling rising defaults | When Adekunle Ogunleye, a secondary school chemistry teacher, opened WhatsApp one evening in late 2024, he didn’t expect to find a threatening message about a friend’s unpaid loan. “It was not a nice message, and that shouldn’t be written a... |
| 17.06.2025 | The Digital Divide in Lending: How Technology Shapes Credit Access in Nigeria | In Nigeria, the quest for loans often feels like a marathon. Many run, but few reach the finish line. The landscape of lending is evolving, driven by technology and data. Yet, a chasm remains between traditional banks and fintechs, creating... |
| 11.06.2025 | How do banks and fintechs determine your credit worthiness? | By March 2025, Mubarak Umar had spent a year and a half working as a supplier agent for Sun King, a solar company in Ibadan, western Nigeria, earning about ₦200,000 ($126) monthly, paid directly into his GTBank account. Earlier in the year,... |
| 24.05.2024 | South Africa's Pivotal Election Amid ANC's Decline and Economic Struggles | 18 African countries are slated to have elections in 2024 South Africa's election on May 29 is especially noteworthy as ANC's popularity has dropped significantly, putting the party at risk of losing its majority. LAGOS, NIGERIA, May 24, 20... |
| 18.04.2024 | Unlocking Nigeria’s $3 Billion Consumer Credit Market as Nigeria Appoints New NCCC CEO | Estimated size of Nigeria's consumer lending market Following President Bola Tinubu’s appointment of the new CEO of the Nigerian Consumer Credit Corporation, Stears introduced its new Credit Market Mapping Model LAGOS, NIGERIA, April 18, 20... |
| 26.02.2024 | Stears FX Forecast 2024: African Currencies to Find Stability, Signalling Appreciation | Stears Pan-African FX Forecast African currencies set for stability, poised to appreciate against USD with reduced volatility and strategic reforms. LAGOS, NIGERIA, February 26, 2024 /EINPresswire.com/ -- Stears, a leading provider of econo... |
| 15.04.2023 | Africa: Inclusion and Innovation Key to African Media Sustainability | Forced to adapt to the political establishment, and financially beset by Big Data, what is the future of Africa's media? This year started on a high note for African media with the recent African Media Festival in February. Hundreds of medi... |
| 09.02.2023 | How technology is helping African food businesses improve their prospects TechCabal’s 2021 Year-End report Success! | Food inflation is one of Africa’s pressing problems. Can technology help Africans reduce the amount of money they spend on food? The cost of food in Africa is unlike that on any other continent. According to the IMF, on average, Africans sp... |
| 23.12.2022 | Ask an Investor: Twelve insights from Africa’s top investors in 2022 TechCabal’s 2021 Year-End report Success! | In 2021, we started the Ask an Investor series to help explain why and how investments in companies happen in Africa from the people who make them happen. This year, I interviewed over 20 investors who shared their thoughts on what investor... |
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