Aruwa Capital Management, an early-stage growth equity and gender lens fund investing in Nigeria and Ghana, has made an investment into CrowdForce, a financial services distribution platform facilitating delivery of banking services to last-mile customers in rural areas, serving the underserved and unbanked population in Nigeria.

Founded in 2015, the company’s founders initially sought to solve the problem that corporates faced of limit­ed access to accurate market data for low inco...