A competitor that has raised over $17 million and serves more than 5,000 pharmacies and hospitals in Nigeria.
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Fintech startups like PalmPay, Flutterwave, and OPay are revolutionizing financial access and processing billions in transactions monthly. Remedial Health is digitizing pharmaceutical supply chains, improving access to medicines across Nigeria.
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PalmPay has been named Africa’s fastest-growing fintech by The Financial Times. The company posted a revenue of $63.9 million in 2023 and has over 1,000 employees.
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Ventures Platform claims it has generated returns on four out of six investment cohorts. The VC firm raised a $46 million fund and disbursed $19.6 million across different startups on the continent.
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Nigeria-based Remedial Health snaps $12M to provide financial services for neighbourhood pharmacies
Remedial Health has raised $12 million in funding to expand its services in Nigeria's pharmaceutical sector. The funding includes an $8 million Series A equity round led by QED Investors and a $4 million debt round led by a consortium of financial institutions.
