Zanifu
Latest round
- Seed
Last raised
- Jan 2022
Total raised
- $1M
Investors
- 3
About Zanifu
Based in Nairobi, Kenya, and founded in 2017 by CEO Sebastian Mithika, and COO Steve Biko, Zanifu Ltd operates as a fintech company that allows MSMEs (micro, small and medium enterprises) operating in the African FMCG (fast-moving consumer goods) retail sector get access to working capital. Based in Nairobi, Kenya, and founded in 2017 by CEO Sebastian Mithika, and COO Steve Biko, Zanifu Ltd operates as a fintech company that allows MSMEs (micro, small and medium enterprises) operating in the African FMCG (fast-moving consumer goods) retail sector get access to working capital. The company provides a financial platform for retailers to access inventory from any of their FMCG suppliers, whether offline or offline, and pay back after they've sold the goods, and offers real-time supplier settlement. The platform also brings supplier and retailer inventory transactions online, enabling credit underwriting. In addition, the platform enables offline distributors to manage their customers and grow their turnover. Zanifu Ltd generates revenue by charging interest and fees on short-term working capital loans to SMEs, paid directly to suppliers, ensuring high repayment rates and sustainable margins.
Who invested in Zanifu
3 investors across 1 round
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Funding rounds
Seed
Jan 18, 2022
Amount
$1M
Investors
Questions about Zanifu
Who invested in Zanifu?
Zanifu has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Zanifu raised?
Zanifu has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Zanifu last raise money?
Zanifu's most recent round on record is a Seed, in Jan 2022.
What does Zanifu do?
Based in Nairobi, Kenya, and founded in 2017 by CEO Sebastian Mithika, and COO Steve Biko, Zanifu Ltd operates as a fintech company that allows MSMEs (micro, small and medium enterprises) operating in the African FMCG (fast-moving consumer goods) retail sector get access to working capital.
Where is Zanifu headquartered?
Zanifu is headquartered in Nairobi, Kenya.
Which VCs invest in companies like Zanifu?
Among active investors with capital left to deploy, Al Mada Innovation, DisrupTech Ventures, AXIAN Investment and Chui Ventures back financial services companies at Zanifu's stage. Their profiles are linked below.
VCs backing financial services startups at Seed
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