Africa Angel Investors Network

Funding Tracker                 


Numida

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Digital fintech providing unsecured credit to semi-formal micro and small businesses


Location: Uganda
Website: https://numida.com/
Sector: Finance
Funding Stage: Seed, Venture Round, Pre-Series A, Grant,
Total Funding ($m): 15.2
# of Founders: 3
Founding Year: 2015
Funding Year: 2025
Status: Active
YearAmountStageInvestors
2021$2.3mSeedMFS Africa, Draper Richards Kaplan Foundation (DRK), Equilibria Capital, Segal Family Foundation
2022$0.5mVenture RoundY Combinator
2022$12.3mPre-Series ASerena Ventures, Breega, 4Di Capital, Launch Africa, Soma Capital, Y Combinator, MFS Africa, Lendable
2025$0.1mGrantAlibaba Foundation
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Mina Shahid
Co-Founder & CEO
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Seed $2.3m
MFS Africa, Draper Richards Kaplan Foundation (DRK), Equilibria Capital, Segal Family Foundation

Venture Round $0.5m
Y Combinator

Pre-Series A $12.3m
Serena Ventures, Breega, 4Di Capital, Launch Africa, Soma Capital, Y Combinator, MFS Africa, Lendable

Grant $0.1m
Alibaba Foundation


News
https://chinadevelopmentbrief.org/ngos/alibaba-foundation/