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Numida

YC W22 · Active · Working capital for African micro businesses

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About Numida

Numida provides working capital loans to African micro businesses. Instead of borrowing from informal lenders or family, micro business owners download the Numida app, apply in minutes, and receive capital within a day. We have figured out how to score and disburse unsecured loans to cash-based businesses that have no digital transaction history, while maintaining excellent collection rates. Since 2021 we have provided $23M in working capital to 32,000 businesses in East Africa.

YC batch
W22 · Winter 2022
Status, per YC
Active
Category
Other
Team size
115
Location
Kampala, Central Region, Uganda
Checked
30m ago

YC tags: Fintech, Microinsurance

Numida in W22: 398 companies, 44% AI

Numida: questions

Which YC batch was Numida in?

Numida was in Y Combinator's Winter 2022 batch (W22).

Is Numida still active?

Y Combinator lists Numida as active.

Where is Numida based?

Numida lists Kampala, Central Region, Uganda as its location on YC's directory.

Sources: each program's public company list, read twice a week. Not affiliated with Y Combinator or any other program. Logos via logo.dev; trademarks belong to their owners.

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