Nownow Raises $13M Seed, Plans To Scale Its Ecosystem Of Financial Products Across Africa
09/07/22, 11:11 AM
Location
nigeria
Money raised
$13 million
Round Type
seed
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.