Finclusion Group

Finclusion is a leading African fintech platform offering financial services and credit products under various consumer-facing brands.

Finclusion is on a mission to enhance financial inclusion through the delivery of innovative financial solutions for.

Finclusion was founded in 2019 by Timothy Nuy. The company is headquartered in Mauritius, Mauritius, Republic of Mauritius.

 

Finclusion uses advanced proprietary artificial intelligence (AI) algorithms alongside pioneering technology to grant safe financial services, all while maintaining accurate automated credit decisions.

 

Finclusion boasts multiple products that address underserved markets in Africa by providing solutions that make financial services inclusive whilst also encouraging financial education and wellness.

 

Finclusion has a portfolio of 8 brands including, SmartAdvance, TrustGro, Fractal Labs, and NiftyCover. Finclusion recently acquired a stake in HelloHR, part of Finclusion’s strategy to provide holistic financial wellness products through employers, with access to Finclusion’s wage-streaming, financial wellness and insurance products.

 

Finclusion is backed by Lendable, Iyin Aboyeji (co-founder Andela and Flutterwave), Christian Faes (founder LendInvest), Charlie Delingpole (founder ComplyAdvantage), and others. The company raised $20M in debt and equity pre-Series A financing on Jan 18, 2022. This brings Finclusion's total funding to $40M to date.

 

 

  • Year founded: 2019
  • Funding Info: $40M over 2 Rounds (Latest Funding Type: pre- Series A)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: NA
  • City/Town: Mauritius
  • State: Mauritius
  • Country: Republic of Mauritius
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