Funding Round · Lending · 2023

Flow48 secures $25M pre-Series A funding

Flow48 raised $25M pre-Series A (equity and debt) led by Speedinvest, Daphni, 212, Blockchain Founders Fund, Unpopular Ventures, Endeavor Catalyst, TLG on December 1, 2023.

Primary
Flow48
Counterparty
Speedinvest, Daphni, 212, Blockchain Founders Fund, Unpopular Ventures, Endeavor Catalyst, TLG
Amount
$25M
Structure
pre-Series A (equity and debt)
Date
December 1, 2023
Sub-sector
Lending

Flow48 secures capital to accelerate South Africa expansion and build full-service fintech platform for SMEs with insurance and payments offerings.

Primary company
Flow48
Amount
$25M
Event date
December 1, 2023
Sub-sector
Lending
HQ
Structure
pre-Series A (equity and debt)
Source published
December 1, 2023
Publisher
VCCircle

Source: vccircle.com