
Laboremus launches digital platform to improve access to credit for smallholders & improve management of cooperatives. Funding received from Financial Sector Deepening Uganda will help build resilience of smallholder farmers and the groups that serve them.

As banking in Africa proliferates and becomes increasingly digital, financial institutions are left grappling with two key challenges on their journey to growth: How to accelerate customer acquisition? And how to reduce and counter the risk of identity fraud?

Financial institutions in Africa have struggled to fully leverage customer data as an asset. With a digital customer onboarding process, financial institutions improve the quality of customer data captured on the first interaction and ensure that all data is automatically validated to meet desired accuracy standards.

DOB Equity and FCA Investments announce a seed investment to accelerate the implementation of the company’s vision to build credit infrastructure for all African financial institutions.