GreenHouse Capital invests in fintech company
Sub-Saharan African fintech investment fund – GreenHouse Capital – has invested in Indicina, an innovative and solution driven fintech startup that creates a hassle-free lending process through its banking-as-a-service technology.
Indicina’s platform optimises analysis and decision making for lending in Africa, which makes the lending process easier and faster. It creates a massive opportunity to tap into Africa’s consumer credit potential.
“We invested in Indicina because of its alternative credit scoring, risk assessment and quick decision-making on credit. Indicina presents a massive opportunity for the continent to accelerate financial inclusion and we are proud to be part of their story,” says Ruby Nimkar, principal at GreenHouse Capital.
“GreenHouse Capital are founders and operators with a deep appreciation of the African operating environment. There are a few challenges I’m facing now that they can help problem-solve through their active participation model in the tech ecosystem in a manner that directly benefits portfolio companies. So far, they have already involved Indicina in industry events that raise visibility in addition to the behind the scenes business development work to fuel traction,” says Yvonne Johnson, CEO at Indicina.
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