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Nownow Raises $13M Seed, Plans To Scale Its Ecosystem Of Financial Products Across Africa

Sep 07, 2022about 3 years ago

Amount Raised

$13 Million

Round Type

seed

Nigeria

Description

In 2011, the Nigerian government launched a financial inclusion initiative and set a target to include 80% of the country’s adult population. Although only a target of 64% was met by the end of the decade, one positive from the exercise is that achieving financial inclusion across the country is still a continuous process that has seen fintechs take part alongside banks in recent years.

Company Information

Company

NowNow Digital Systems

Location

Nigeria

About

NowNow Digital Systems, one such platform launched in 2018, has raised $13 million in a seed round that will allow the four-year-old startup to scale and expand its service offerings across Africa.

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