Bfree

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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
YearAmountStageInvestors
2021$0.8mSeedLaunch Africa, Beta. Ventures, Greenhouse Capital
2021$1.7mPre-Series A4Di Capital, Octerra Capital, Voltron Capital, Chapel Hill Denham Nigeria Infrastructure Debt Fund (NIDF), FCMB Bank, VestedWorld, Angel investors
2024$2.95mVenture RoundCapria Ventures. Angaza Capital, GreenHouse Capital, Launch Africa, Modus Africa, Axian Group, Angel Investors
2025$3mDebtVerdant Capital Hybrid Fund
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Julian Flosbach
Co-Founder & CEO
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Seed $0.8m
Launch Africa, Beta. Ventures, Greenhouse Capital

Pre-Series A $1.7m
4Di Capital, Octerra Capital, Voltron Capital, Chapel Hill Denham Nigeria Infrastructure Debt Fund (NIDF), FCMB Bank, VestedWorld, Angel investors

Venture Round $2.95m
Capria Ventures. Angaza Capital, GreenHouse Capital, Launch Africa, Modus Africa, Axian Group, Angel Investors

Debt $3m
Verdant Capital Hybrid Fund



News
https://launchbaseafrica.com/2025/07/10/nigerias-bfree-raises-3m-to-unlock-new-frontier-in-distressed-loan-portfolio-financing/