South Africa Fintech Sourcefin Raises $8.2 Million Funding From Futuregrowth to Boost Access to SME Finance
By Tom Jackson
South African fintech and alternative funding provider Sourcefin, which provides access to finance and specialist supply chain support for small and medium-sized enterprises (SMMEs), has secured ZAR150 million (US$8.2 million) in funding from Futuregrowth Asset Management.
Founded in 2020, Sourcefin is an enabler of the forgotten SMME and addresses the critical gap in SMME financing, empowering businesses to overcome working capital challenges and successfully fulfil public and private sector purchase orders.
Source: Disrupt Africa (link opens in a new window)
- Categories
- Finance
- Tags
- fintech, MSMEs, venture capital
