SA fintech startup Trade Shield raises $820k funding from FNB’s Vumela Enterprise Development Fund. The funds will be used to unlock growth opportunities in South Africa and globally.
SA fintech startup Trade Shield raises $820k funding from FNB’s Vumela Enterprise Development Fund. The funds will be used to unlock growth opportunities in South Africa and globally.
03/27/25, 6:28 PM
Location
johannesburgMoney raised
$820,000
Industry
lending
fintech
finance
Round Type
seed
Investors
Edge Growth, Fnb’s Vumela Enterprise Development Fund
South Africa’s Trade Shield, a tech-based business offering end-to-end credit risk management solutions, has secured ZAR15 million (US$820,000) in funding from FNB’s Vumela Enterprise Development Fund, in partnership with Edge Growth. The funding will be used to unlock growth opportunities in South Africa and globally. Since its launch in 2023, Trade Shield has demonstrated impressive growth, strong market demand, and the potential to scale as a SaaS-based business. The Trade Shield product demonstrates impact by showing how trade credit can unlock business growth.
Company Info
Location
johannesburg, gauteng, south africa
Additional Info
Trade Shield is a South African fintech startup that offers end-to-end credit risk management solutions through a subscription-based platform. Utilizing automated data collection, predictive modelling, and AI-driven analytics, it provides businesses with real-time insights to manage trade credit risk effectively. Founded in 2023, Trade Shield aims to help businesses responsibly extend credit, boost revenue, and maintain stable debt ratios. The company is committed to driving financial inclusion for small businesses by giving them access to trade finance.