Nownow raises 13m in seed funding to promote financial inclusion across africa the eagle online
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Title: NowNow Raises $13M in Seed Funding to Promote Financial Inclusion Across Africa
Source: The Eagle Online
Summary: NowNow, a fintech company, has secured $13 million in seed funding to promote financial inclusion across Africa. The company aims to provide a digital platform that enables individuals and small businesses to access financial services, such as loans, savings, and insurance, in a convenient and affordable manner.
Key Points:
- NowNow has raised $13 million in seed funding from investors, including venture capital firms and angel investors.
- The company plans to use the funding to expand its operations across Africa, with a focus on Nigeria, Kenya, and South Africa.
- NowNow's platform will offer a range of financial services, including loans, savings, and insurance, to individuals and small businesses.
- The company aims to promote financial inclusion by providing access to financial services for underserved communities.
- NowNow's platform will use artificial intelligence and machine learning to assess creditworthiness and provide personalized financial solutions.
Quote: "We believe that financial inclusion is a fundamental human right, and we're committed to making it a reality for millions of people across Africa," said [Name], CEO of NowNow.
Impact: The funding will enable NowNow to expand its operations and reach more customers, promoting financial inclusion and economic growth across Africa.