Uganda: Kenyan Fintech Zanifu Nabs $1m to Bridge MSME Financing Gap, Eyes Ghana, Uganda Expansion

Kenyan fintech Zanifu is set to upgrade its platform and grow the number of micro, small and medium enterprises (MSMEs) it extends stock-financing to after securing $1 million in Seed funding.

Saviu Ventures, which invested in the startup's pre-seed round early 2020, Launch Africa Ventures, Sayani Investments and a number of angel investors from Kenya and Nigeria participated in the round. This latest round brings the total funding so far received by the startup to $1.2 million.

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