Kenyans Who Built Multi-Billion Companies From Scratch
One company, in November 2021, managed to secure Ksh227 million as pre-seed funding which boosted the company's profit margins.
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One company, in November 2021, managed to secure Ksh227 million as pre-seed funding which boosted the company's profit margins.
Today on #TechpointDigest, @BoluAbiodun1 discusses Nigeria’s rank on NFT ownership, @Asilimia_App’s $2m funding, and @onepipe_inc’s $3.5m seed.
The pre-seed funding secured by Asilimia will support team growth, service delivery and expansion in East Africa.
Kenyan financial technology startup Asilimia has raised $2 million (Sh222 million) from global venture capital backers for East Africa expansion.
Kenya’s economy is powered by informal businesses, which contribute 33.8% to the country’s GDP and provide 83.4% of the total employment outside of small-scale agriculture, data from the country’s bureau of statistics shows. The contribution of these enterprises is pivotal to the country’s economy yet they remain underserved by traditional banking institutions making it hard […]