Finclusion Group
investment firm
About
Finclusion is a FinTech acceleration company that provides financial services and credit products using AI-powered and data-driven lending.
- Ebène,Plaines Wilhems,Mauritius
- https://www.finclusiongroup.com
Details
- Last Funding Type
- Seed
- Last Funding Money Raised
- $2M
- Industries
- Artificial Intelligence,Consumer Lending,Credit,FinTech,InsurTech
- Founded date
- Jan 1, 2019
- Operating Status
- Active
- Also Known As
- Finclusion
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.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
5
$42M
Finclusion Group has raised a total of
$42M
in funding over 2 rounds. Their latest funding was raised on
Dec 7, 2022 from a Seed round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Dec 7, 2022 | Seed | $2M | 3 |
Leonard Stiegeler
|
— | Detail |
| May 31, 2022 | Seed | — | 1 |
|
— | Detail |
| Jan 18, 2022 | Seed | $20M | 14 | — | — | Detail |
| Jan 18, 2022 | Debt Financing | — | — | — | — | Detail |
| Sep 14, 2021 | Debt Financing | $20M | 1 |
Lendable
|
— | Detail |
Investments
Number of Investments
Number of Lead Investments
2
1
Finclusion Group has made 2 investments. Their most recent investment was on
Jun 20, 2022, when mTek raised 0.
Investors
Number of Lead Investors
Number of Investors
3
17
Finclusion Group is funded by 17 investors.
Leonard Stiegeler
and The Cairo Angels Syndicate Fund
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Leonard Stiegeler
|
Yes | Seed |
|
|
Yes | Seed |
|
Lendable
|
Yes | Debt Financing |
|
|
— | Seed |
Sudeep Ramnani
|
— | Seed |
|
|
— | Seed |
Amandine Lobelle
|
— | Seed |
Charles Delingpole
|
— | Seed |
Christian Angermayer
|
— | Seed |
Christian Faes
|
— | Seed |
Employee Profiles
Number of Employee Profiles
6
Finclusion Group has 6 current employee profiles, including
Board member Leonard Stiegeler
Board member
Employee
Executive
Executive
Executive
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