A Tanzanian B2B fintech solutions provider focused on working-capital solutions for small businesses.
Andrew Milne, the fintech founder who helped bring credit to small businesses, dies at 54
Andrew Milne, co-founder of Kuunda, died on October 13 at age 54. He celebrated a secondary share sale for Kuunda just days before his passing.
Kuunda Secures $5 Million Secondary Share Deal, Giving Early Investors an Exit
Kuunda completed a $5 million secondary share transaction, strengthening its investment partnerships. The transaction was led by E4E Africa, increasing their ownership position in Kuunda.
This fintech is driving billions in consumer loans across Africa and staying under the radar
Kuunda has powered more than $3 billion in loans since 2018, operating behind the scenes in the digital lending space. The company specializes in providing liquidity infrastructure to partners through its liquidity API and credit scoring algorithms.
Tanzania’s Kuunda raises $7.5 million to drive expansion into the Middle East and North Africa
Kuunda raised $7.5 million in pre-Series A funding to expand its operations. The funding round included participation from various venture capital firms and financial service providers.
