ASUSU logo — Software infrastructure for rural and semi-urban informal mi...

ASUSU

Software infrastructure for rural and semi-urban informal micro-finance and business organizations.

Founded 2017 Nigeria Nigeria 53 employees Grant Total: $3.00M Financial Services, SaaS

General Information

Company Name ASUSU
Founded Year 2017
Location Nigeria Nigeria
Founders / Decision Makers
Team member
Employees 53
Industries Financial Services, SaaS
Funding Stage Grant
Social

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About ASUSU

ASUSU is a groundbreaking startup that is revolutionizing the African informal and semi-formal microfinance sector for low-income and daily earners. Founded in 2017, the company aims to extend financial services to members of such organizations, particularly in rural areas and communities with limited or no access to financial services. ASUSU provides cutting-edge software that supports the operation of microfinance activities, catering to groups such as traders, mechanics, taxi drivers, and other low-income earners. With its focus on Financial Services and SaaS, ASUSU has attracted significant attention from investors. The startup recently secured a NGN3.00M Grant investment on 28 June 2019 from Labs by ARM. This investment not only speaks to the potential of ASUSU but also highlights the confidence that leading investors have in the company's vision and offerings.

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Grant NGN3.00M 1
Labs by ARM
28 Jun 2019

FAQ About ASUSU

Software infrastructure for rural and semi-urban informal micro-finance and business organizations.
ASUSU was founded in 2017.
ASUSU is headquartered in Nigeria.
ASUSU operates in Financial Services and SaaS.
ASUSU has approximately 53 employees.
ASUSU has completed 1 funding round, raising a total of $3.00M. The latest funding stage is Grant.

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Source: BounceWatch company record for ASUSU, https://bouncewatch.com/company/asusu, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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