Kenya’s Supply Chain Financing FinTech IMFact Nets $4M

Kenyan FinTech company IMFact, which uses supply chain financing to provide working capital to microbusinesses and small- to medium-sized businesses (SMBs), has received an investment from FSD Africa Investments in the amount of 3 million British pounds (about $4 million), according to a press release. The IMFact business model is a “pooled receivables” factoring platform, which … Continue reading Kenya’s Supply Chain Financing FinTech IMFact Nets $4M