Africa Angel Investors Network

Funding Tracker                 


Bfree

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Ethical loan collector for microlending, microfinance, and banking institutions in Nigeria


Location: Nigeria
Website: http://www.bfree.africa/
Sector: Fintech
Funding Stage: Seed, Pre-Series A, Venture Round, Debt,
Total Funding ($m): 8.45
# of Founders: 3
Founding Year: 2020
Funding Year: 2021
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
Julian Flosbach, Chukwudi Enyi, Moses (Azubuike) Nmor,
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/