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Lulalend raises $35m in Series B funding

South Africa based digital lender focused on underserved SMEs raised $35m in Series B funding led by Lightrock.

“We had more time to think about how to engage with our customers and understand their needs and problems and eventually realized that access to credit is just one of the big parts we can be doing for our businesses. So we went down the road of building our digital bank."

Tags

africa, lending