# Sparkle Microfinance Bank

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sparkle-microfinance-bank

- Industry: Financial Services
- Headquarters: Lagos, Nigeria
- Website: www.sparkle.ng
- Total disclosed funding: $3.1M
- Latest round: Seed (Oct 14, 2021)
- Investors on record: 2

## About

Based in Lagos, Nigeria, and founded in 2019, Sparkle Microfinance Bank is a digital bank that provides lifestyle and financial solutions. The company was founded by its CEO, Uzoma Dozie. In October 2021, Sparkle Microfinance Bank raised USD 3.1 million in seed funding led by investor Leadway Assurance Company Limited, with participation from another investor Trium Networks. 

The company's application enables users with a variety of features including payments, savings tools, bill splitting, convenient bill payments, discounts, instant notifications, and strong security measures. These features enable users to effortlessly track their daily, weekly, and monthly spending patterns, while also providing a comprehensive breakdown by category.

## Funding rounds

- Seed, Oct 14, 2021, $3.1M — Trium Networks, Leadway Assurance Company Limited

## Investors

- Trium Networks (https://capitalatlas.ai/funds/trium-networks) — Seed
- Leadway Assurance Company Limited — Seed