Bfree
BFREE is a fintech startup provides ethical, tech-enabled debt recovery solutions for banks, microlenders, and fintechs across Nigeria, Ghana, and Kenya. BFREE uses AI, machine learning, and behavioral analytics to automate collections, improve repayment rates, and reduce borrower harassment—positioning itself as Africa’s first scalable credit recovery infrastructure
Location: Nigeria
Website: http://www.bfree.africa/
Sector: Finance
Funding Stage: Seed, Pre-Series A, Venture Round, Debt,
Total Funding ($m): 8.45
# of Founders: 3
Founding Year: 2020
Funding Year: 2025
Status: Active
Year | Amount | Stage | Investors |
---|---|---|---|
2021 | $0.8m | Seed | Launch Africa, Beta. Ventures, Greenhouse Capital |
2021 | $1.7m | Pre-Series A | 4Di Capital, Octerra Capital, Voltron Capital, Chapel Hill Denham Nigeria Infrastructure Debt Fund (NIDF), FCMB Bank, VestedWorld, Angel investors |
2024 | $2.95m | Venture Round | Capria Ventures. Angaza Capital, GreenHouse Capital, Launch Africa, Modus Africa, Axian Group, Angel Investors |
2025 | $3m | Debt | Verdant Capital Hybrid Fund |