Furaha
  • Multimedia content

  • Images (2)
    • Alex Manson, CEO, SC Ventures and Mohit Joshi, CEO and Managing Director, Tech Mahindra signing ceremony in Davos
    • Furaha Co-Founders Yustus Aribariho and Ian Fernandes
  • All (2)
Source: Furaha |

SC Ventures and Yabx, a Tech Mahindra Group company, invest $10 Million to setup Furaha and expand access to purpose-driven financing in Africa

SC Ventures has invested $ 7 million, while Yabx BV has contributed through technology transfer, resulting in a combined investment of $10 million in Furaha

Furaha combines SC Ventures’ global expertise and risk management capability with Yabx’s future-ready tech and alternate lending platform Furaha offers purpose-driven loans centred around education, gender and other responsible lending pillars for African markets  SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, and Yabx Technologies (Netherlands) B.V., a…