Yango Ventures invests in Kenya's Zanifu

Zanifu enables access to working capital for SMEs across Africa.

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Yango Ventures, the corporate venture fund of the tech company Yango Group, has invested in Kenyan fintech startup Zanifu.

Zanifu enables access to working capital for SMEs across Africa. It allows small retailers to procure inventory from their suppliers and pay later.

The company has disbursed over $60 million loans to more than 15,000 SMEs.

“We’re proud to support the team – co-founders Steve Biko and Sebastian Mithika – as they scale across Africa and beyond,” Yango Ventures said in a statement.

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