Kenyan Fintech Pezesha Raises $11 Million in Pre-Series A Round Backed by Cardano Blockchain…

Bitcoin.com | Sep 2, 2022 at 9:00 AM
  • Pezesha, a Kenyan fintech focused on providing bridging finance to small and medium-sized enterprises, recently raised $11 million in pre-Series A debt-equity funding round.
  • The Women’s World Banking Capital Partners II led the round in which the Cardano blockchain builder Input Output Global also participated.
  • As per the report, Pezesha plans to use the funds to expand its embedded finance business to micro, small medium-sized enterprises (MSMEs) operating in countries like Nigeria, Rwanda and Francophone Africa.