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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: Venture Round, Seed, Pre-Series A, Venture Round,
Total Funding ($m): 5.7
# of Founders: 3
Founding Year: 2020
Funding Year: 2025
Status: Active
  • Funding
  • Founders
  • Investors
YearAmountStageInvestors
2025$0.25mVenture RoundUndisclosed
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
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Julian Flosbach
CEO & Co-Founder
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Venture Round $0.25m
Undisclosed

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



News
https://techcrunch.com/2024/02/28/bfree-gets-fresh-backing/



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