FMO invests in Credrails
FMO has announced a $2 million equity investment in Credrails.
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Dutch development finance institution FMO has announced a $2 million equity investment in Credrails, through its Ventures Program, supporting the company in scaling up its operations.
Credrail’s core product is a software tool that allows banks, microfinance institutions, fintech and insurance companies as well as corporates and small and medium enterprises to automatically reconcile financial and customer data across banks, mobile money, and offline channels.
Credrails is active in Nigeria and Kenya.
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