Indicina Technologies

Founded in 2018 and headquartered in Lagos, Nigeria, Indicina Technologies Limited specializes in credit technology solutions.Indicina offers a suite of technology solutions designed to empower businesses in the credit sector by providing tools for efficient loan management and credit decisioning. Their core product allows clients to digitize the entire lending process, managing each phase of an applicant’s loan lifecycle from application to disbursement and collection. The platform provides ready-to-use credit decisioning models that enable users to analyze the financial capacity of potential borrowers through an intuitive dashboard or API integration. Indicina’s client base includes a diverse range of businesses such as banks, digital lenders, microfinance banks (MFBs), and startups, effectively catering to various market segments.Indicina generates revenue through a model primarily based on partnerships and subscriptions, where businesses leverage their platform to streamline their credit offerings. Clients pay fees for access to the platform, which includes services such as transaction tracking, decisioning models, and customer support. Businesses utilizing Indicina's technology can integrate the platform into their existing workflows, enabling them to offer credit more efficiently. The transaction structure generally follows a B2B model, where credit providers pay for ongoing access to Indicina’s tools that enhance their lending capabilities. Indicina aims to expand its market footprint within the African credit ecosystem, though specific new markets targeted for expansion are not detailed.

1. Seed

   Jun 6, 2022

   Amount

   $3M

   Investors

   Locked

2. Seed

   Dec 18, 2020

   Amount

   Undisclosed

   Investors

   Locked

3. Seed

   Sep 29, 2020

   Amount

   $0.1M

   Investors

   Locked