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Indicina logo — We're building Africa's credit infrastructure

Indicina

We're building Africa's credit infrastructure

Founded 2018 Nigeria Lagos, Nigeria 30 employees Seed Total: $7.48M Analytics, Finance +2

General Information

Company Name Indicina
Founded Year 2018
Location Nigeria Lagos, Nigeria
Founders / Decision Makers
Team member
Employees 30
Industries Analytics, Finance, Fintech +1
Funding Stage Seed
Social

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About Indicina

Indicina is a Nigeria-based startup with the slogan "We're building Africa's credit infrastructure." Founded in 2018, the company operates in the Analytics and Fintech industries. Their mission is to enable every credit provider in Africa to offer credit risk-free and hassle-free by leveraging AI and Machine Learning. The company recently secured a $3.00M seed round investment on 06 June 2022, with participation from notable investors including Target Global, Greycroft, Unicorn Growth Capital, and RV Ventures.

Indicina's focus on revolutionizing credit infrastructure in Africa aligns with the growing demand for innovative fintech solutions on the continent. The recent investment is expected to fuel the company's efforts in bridging the credit gap in Africa, potentially leading to significant market expansion and impact.

With the backing of prominent investors and a compelling vision, Indicina is poised to be a formidable player in Africa's fintech landscape. The utilization of AI and machine learning further enhances the scalability and potential of their credit risk solutions, positioning them for success in the evolving African financial market.

Business keywords: digital lending platform, AI and machine learning, credit infrastructure, credit risk assessment, analytics-driven decisions, Lagos, Nigeria, personal finance, financial advice, credit gap bridging, customer credit, Africa's credit market, financial inclusion

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round $3.00M 4
Target Global, Greycroft +2
06 Jun 2022
Seed Round $3.80M 2
Target Global, Greycroft
06 Oct 2021
Grant £80.00K 1
Catalyst Fund
28 Jan 2021
Seed Round $500.00K 5
Acuity Ventures, Future Africa +3
29 Sep 2020
Seed Round Undisclosed 1
Magic Fund
01 Apr 2020
Pre Seed Round $100.00K -
01 Jan 2019

Indicina Alternatives & Competitors

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Indicina vs

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we’ve empowered 50M+ customers to access their credit reports and discover the right financial produ...

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FAQ About Indicina

We're building Africa's credit infrastructure
Indicina was founded in 2018.
Indicina is headquartered in Lagos, Nigeria.
Indicina operates in Analytics, Finance, Fintech and Lending and Investments. Its work centres on digital lending platform, AI and machine learning, credit infrastructure and credit risk assessment.
Indicina has approximately 30 employees.
Indicina has completed 6 funding rounds, raising a total of $7.48M. The latest funding stage is Seed.
Top alternatives and competitors to Indicina include CreditMantri, Credolab, IndiaLends, DigiAlly, EmpreX. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Indicina and CreditMantri are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Indicina, https://bouncewatch.com/company/indicina, updated 25 November 2024. When citing, please name BounceWatch and link this page.

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