Fintech raises $13m for financial inclusion

Fast-growing Nigerian fintech startup, NowNow Digital Systems, has raised $13m in its seed round to improve financial inclusion across Africa by providing financial services to the unbanked and underbanked in the continent. The funding round led by NeoVision Ventures Ltd., DLF Family Office, and Shadi Abdulhadi, heralds NowNow’s plans to scale and expand its service […]

Fast-growing Nigerian fintech startup, NowNow Digital Systems, has raised $13m in its seed round to improve financial inclusion across Africa by providing financial services to the unbanked and underbanked in the continent.

The funding round led by NeoVision Ventures Ltd., DLF Family Office, and Shadi Abdulhadi, heralds NowNow’s plans to scale and expand its service offerings across Africa.

With the newly secured funds, NowNow in a statement said it would drive financial empowerment as well as introduce new products.

The CEO & co-founder of NowNow, Sahir Berry, said the vision of the company is to include everyone financially.

“With the secured funding, we look to not only provide services that include everyone financially but also upscale our agile ecosystem which ensures that our multidimensional offering remains a market leader,” he said.

The Managing Partner of Capital V Ltd, Gary Peters, said: “Its core business and vision of digitising the African region through facilitating daily payment services is also another important element.”