# Akiba Digital

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/akiba-digital

- Industry: Financial Services
- Headquarters: Johannesburg, South Africa
- Website: www.akibadigital.com/
- Total disclosed funding: $1.1M
- Latest round: Seed (Nov 1, 2021)
- Investors on record: 8

## About

Based in Johannesburg, South Africa, and founded in 2017, Akiba Digital provides a range of data, technology, financial intelligence solutions. In June 2021, Akiba Digital raised USD 1.1 million in seed funding led by new investor Expert DOJO, with participation from other new investors Oui Capital, Basecamp Fund, and Soma Capital. As of 2021, the company’s CEO is Tebogo Mokwena.

Akiba Digital operates insyts, a financial software platform that provides services such as credit scores for small and medium-sized businesses and people, real-time loan recommendations based on AI and machine learning, and lastly, personalized affordability and insights from user financial actions. The company's clients include small and medium-sized businesses that use the application to obtain finance from lenders and lenders who use the services to determine the risk level of their customers.

## Funding rounds

- Seed, Nov 1, 2021 — LoftyInc Capital Management
- Seed, Jun 29, 2021, $1.1M — Alumni Ventures Group, Soma Capital Management, Hustle Fund, LoftyInc Capital Management, Oui Capital, AVG Basecamp Fund, Expert DOJO, Future Africa

## Investors

- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Seed
- Soma Capital Management (https://capitalatlas.ai/funds/soma-capital-management) — Seed
- Hustle Fund (https://capitalatlas.ai/funds/hustle-fund) — Seed
- LoftyInc Capital Management (https://capitalatlas.ai/funds/loftyinc-capital-management) — Seed
- Oui Capital (https://capitalatlas.ai/funds/oui-capital) — Seed
- AVG Basecamp Fund — Seed
- Expert DOJO (https://capitalatlas.ai/funds/expert-dojo) — Seed
- Future Africa — Seed