Financial inclusion startup Bankingly raises Sh1.27bn for Kenya expansion
Bankingly says it provides financial institutions with software-as-a-service that helps them serve customers via websites, mobile apps, chatbots and other tools.
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Bankingly says it provides financial institutions with software-as-a-service that helps them serve customers via websites, mobile apps, chatbots and other tools.
Emerging markets-focused Bankingly has accelerated its growth with the culmination of a successful investment round for a total of $11-million.
Bankingly accelerates its growth with the culmination of a successful investment round for a total of $11 million USD. The round was led by Dalus Capital, and accompanied by IDB Lab, IDC Ventures, Athos Group, Kube Ventures, Grupo Finacess, iThink VC, Sonen Capital and Oikocredit. The new investors join existing ones that include, among others, Elevar Equity and Endeavor Catalyst.
Fintech startup Vivriti Capital has raised an additional $30 Mn in a Series C round from TVS Shriram Growth Fund 3, managed by TVS Capital
Funds will be deployed for business expansion as well as technology for acquisitions, product delivery and portfolio management