Ugandan’s Level Africa Secures Funding to Ease Entry into African Capital Markets
Uganda’s Level Africa has raised funding from Renew Capital to simplify access to African capital markets by streamlining the investment process, enabling quick and easy access to bonds, stocks and other financial instruments from a smartphone or laptop in just five minutes.
As a regulated fintech innovator, Level Africa aims to make the journey to invest in bonds, stocks and other financial instruments, an easy one by removing challenges such as complex paperwork and unreliable brokers. change this narrative.
“Many see investing in Africa’s capital markets as a domain for the wealthy, encumbered by slow and costly procedures,” says Abraham Banaddawa, Co-Founder of Level Africa. “We’re changing that. Our platform is not just fast and secure— it’s also user-friendly, welcoming retail investors from Africa and across the world.”
The platform’s straightforward approach is reshaping how investments are made in African markets, offering an easy entry point for both experienced investors and newcomers.
Renew Capital’s recent investment in Level Africa highlights the platform’s growing significance in the African investment sector. Renew Capital, known for backing driven and innovative entrepreneurs in Africa, recognizes Level Africa’s role in making investment more inclusive.
“Supporting Level Africa aligns with our goal of empowering impactful companies,” Diana Njuguna, Senior Investment Manager for Renew Capital in Uganda, observes. “We envision a shift in how the world engages with Africa, from a perspective of giving to one of investing. Level Africa is supporting the transformation in how people invest in Africa, and that’s a mission we stand firmly behind.”
Source: techmoran.com
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