Zanifu raises US$11.2M to scale its inventory financing offering in Kenya

Zanifu, a Kenyan fintech providing inventory financing to micro, small and medium-sized businesses, has raised $11.2 million in debt-equity funding in a pre-Series A round led by Beyond Capital Ventures and Variant Investments. Founders Factory Africa, AAIC Investment, Google Black Founders Fund and existing investor Launch Africa also participated in the round.

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Autolab secures US$4.1M in funding to expand operations in Colombia and Mexico

August 24, 2023

Autolab, which provides management software to car service facilities, has successfully raised USD $4.1 million in a funding round. The company seeks to bring transparency, standardization, and convenience to an industry often viewed as informal and untrustworthy and its software links car service facilities with diverse clients, from corporate fleets to individual vehicle owners. Autolab operates a network of more than 150 repair shops that serve over 70 vehicle fleets.

CDPI Emerging Markets