Numida
PrivateLast Round
Series A
Sep 28, 2022
Total Funding Raised
$15.1M
Company Overview
Numida operates in FinTech and is based in Kampala, Central Region. Its latest recorded funding round was a Series A round in September 2022.
Numida is a Ugandan-based financial technology company that provides digital financial services to micro and small businesses (MSBs) in Africa. The company's primary offering is unsecured working capital loans, ranging from $100 to $5,000, disbursed through its mobile application. Numida has developed its own proprietary credit scoring models and technology-enabled underwriting processes, which allow it to serve cash-based, semi-formal businesses that often lack the digital transaction history and collateral required by traditional financial institutions. Founded in 2015, the company aims to promote financial inclusion and unlock the growth potential of small businesses across the continent. It has received funding from prominent investors including Y Combinator, Serena Ventures, and MFS Africa.
Sector
FinTech
Verticals
Lending & Credit, Credit Scoring, Digital Banking
Business Model
B2B
Customer Profile
Payment Processing Fee, Freemium
AI Layer
Application
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Numida Comparables
Compare Numida with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| 4G Capital | 85% | |
| Fido | 83% | |
| Pezesha | 81% |
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Numida Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series A | Sep 28, 2022 | ||||
| Debt | Sep 28, 2022 | ||||
| Accelerator | Jan 24, 2022 | ||||
| Seed | Apr 14, 2021 |
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Key People
Founding team and executive leadership
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Numida Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Launch Africa Ventures | Series A |
| Breega | Series A |
| Equilibria Capital | Seed |
| Segal Family Foundation | Seed |
| Y Combinator | Accelerator, Series A |
| Soma Capital | Series A |
| DRK Foundation | Seed |
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Numida Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
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Frequently Asked Questions
Common questions about Numida's valuation, stock price, and market status.
Is Numida a public or private company?
Numida is a private company.
What is the current stock price of Numida?
Numida is a private company, so its shares have no public market price. Caplight tracks Numida's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is Numida worth (valuation)?
Valuation information for Numida is not publicly available.
Can I buy Numida stock?
Numida shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was Numida's last funding round?
Numida's most recent funding round was Series A on September 28, 2022.
Who are the main investors in Numida?
Key investors in Numida include Serena Ventures.
Will Numida IPO soon?
No public IPO plans have been announced for Numida.
How can I track Numida secondary market activity?
Caplight tracks bids, offers, and trades in Numida's shares on secondary markets.