TechFlow, according to TechCrunch, Kenyan fintech company Pezesha has raised $11 million in funding led by Women's World Banking Capital Partners II. Participants in the round include Verdant Frontiers Fintech Fund, cFund, and IOG, the development firm behind Cardano. The $11 million includes $5 million in debt financing from Talanton and Verdant Capital Specialist Funds.
Pezesha has built a scalable digital lending infrastructure that enables both traditional and non-traditional financial institutions to provide credit services to small and medium-sized enterprises. Pezesha plans to leverage local and international banks, high-net-worth individuals, and DeFi to create $100 million in annual financing opportunities for businesses.Original link
