Numida

Overview

Numida is a Kampala fintech founded in 2016 that lends unsecured working capital to small businesses through a mobile app. It underwrites without collateral using digital records and repayment behaviour. The company has disbursed hundreds of thousands of loans in Uganda.

Financials

Total raised
$12.3M
Latest round
Venture - Series Unknown
Funding rounds
1
Funding rounds
Round Announced Amount
Venture - Series Unknown 2022 $12.3M Details

Connections

List
Graph
Found in company registers, site code, DNS and hiring. Each connection shows how sure we are and the evidence, with its source and date.
Shared investors5
4Di CapitalVia a fund
16 portfolio companies: Leta, CubeSpace, Kuunda and 13 more
Serena VenturesVia a fund
42 portfolio companies: ShoppingGives, WILE, zitti.com and 39 more
Serena VenturesVia a fund
44 portfolio companies: Town, TRACE, Hapiko and 41 more
Soma CapitalVia a fund
876 portfolio companies
Y CombinatorVia a fund
6311 portfolio companies
Show all 5

News

News BetaKit 4 years ago
Numida secures $16.7 million CAD to equip more African SMEs with working capital
Numida, which is incorporated in Canada and operates in Uganda, has raised $16.7 million CAD ($12.3 million USD) in a pre-Series A round.
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News TechCrunch 4 years ago
YC-backed fintech Numida raises $12.3M led by Serena Ventures to extend loans to MSMEs beyond Uganda
Numida has to date issued $20M in working capital to micro and small businesses, having grown from issuing $250,000 a month to $2 million.
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News Business Insider 4 years ago
This Y Combinator-backed fintech provides loans to small businesses in Africa. Check out the 10-slide pitch deck Numida used to raise $12.3 million.
The funding round was led by Serena Williams' fund Serena Ventures with additional backing coming from the likes of Y Combinator and Breega.
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News Yahoo News Canada 4 years ago
This Y Combinator-backed fintech provides loans to small businesses in Africa. Check out the 10-slide pitch deck Numida used to raise $12.3 million.
The funding round was led by Serena Williams' fund Serena Ventures with additional backing coming from the likes of Y Combinator and Breega.
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Report
News TechCrunch 5 years ago
MFS Africa leads $2.3M seed round in Ugandan fintech startup Numida
Small businesses in Africa need digital banking services, including plenty of credit. Although these businesses drive economic growth and contribute up to
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Offices

Where the company hires and what each office is for
Cities
1
Hiring now
0
Countries
1
Kampala Uganda
HQ
10-50 est. staff