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Zanifu raises $11.2m in Seed funding

Kenya based provider of inventory financing solutions raised $11.2m in Seed funding led by Beyond Capital Ventures and Variant Investments.

“We have decided to go deep in Kenya. We are focusing on serving more micro-SMEs and also getting more distributors into our fold, and ensuring the capital we are dispersing is actually generating returns for these businesses and helping them grow. So that’s really how we’re looking at it for now. We will go to other markets once we get to profitability,”

Tags

africa, lending