Nigerian Startup Renda Secures USD 1.9 M Pre-Seed Funding
WeeTracker | WT Data Labs - May 02, 2024
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  • Renda has closed its pre-seed round at USD 1.9 million in equity and debt funding.
  • The equity investment of USD 1.3 million was led by Ingressive Capital.
  • The funding will be utilized to enhance Renda's offerings, drive expansion, and grow its partnership network.
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The pre-seed funding secured by Renda is a positive development for the Nigerian startup. It will enable them to enhance their technology, expand their operations, and establish more partnerships, which will contribute to their growth and success in the African market.
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