Standard Chartered’s innovation, fintech investment and ventures arm and Yabx Technologies, a Tech Mahindra group company, have signed a set of agreements to formalise their joint investment in Furaha.

Editorial

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

Furaha intends to make finance accessible across sub-Saharan Africa, with its first offering being in the education financing space. Furaha leverages Yabx’s AI driven alternate lending capabilities and SC Ventures’ banking and risk management to reduce the cost of delivering lending products and widen financial inclusion across underserved segments in