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

Zanifu CEO, Steve Biko

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. This brings total debt-equity funding raised by the startup to $12.7 million...

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