Thursday, July 24, 2025
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
No Result
View All Result
Home News

Fintech Company Esusu secures $1.6 Million Fund to Expand its Services

Tech Gist Africa by Tech Gist Africa
09/04/2019
in News, World News
0 0
0
Esusu Financial fintech startup
0
SHARES
Share on FacebookShare on Twitter

Esusu Financial, a fintech startup based in New York has secured $1.6 million to foster the expansion of its services in the US. The funding round was led by Acumen and six other ventures that leverage a tactical approach to solve financial problems.

Launched on the 1st of May 2016 by Samir Goel and Abbey Wemimo, the startup aims to help users save consistently in bits. Esusu will leverage the funds to improve the existing rent platform which allows users to record when they pay rents and build new rent credits.

Eliza Golden, Portfolio Manager of Acumen said, “As impact investors focused on improving the financial health of all Americans, we look for entrepreneurs who are tackling frictions in the financial services industry that are adversely affecting both sides of the market.”


See also: Accion Venture Lab unveils $23 Million Inclusive Fintech Startup Fund


Co-founders Samir Goel and Abbey Wemimo said their vision to transform access to wealth-building is exciting. The focus is to empower lower-income and historically credit-challenged consumers with apt credit-building.

According to Abbey Wemimo, Co-founder and CEO Esusu, “With the support of our strategic investors and partners, Esusu is poised for unprecedented growth and is ready to scale to serve millions of Americans struggling to save and create financial identities.”

 

More on TechGist Africa:

  • Kenya Partners Japanese and Australian companies to Construct Hybrid Power Plant
  • Toyota Seals Plans to Assemble Vehicles in Ghana and Ivory Coast by 2020
  • Japan’s Prime Minister Announces $20bn Investment Plan for Africa
  • African Startups to get $100k in Dubai Innovation Impact Grant Programme
  • Ecopia Tech Raises $6.5million to Digitally Map Sub-Saharan Africa
ShareTweet
Plugin Install : Subscribe Push Notification need OneSignal plugin to be installed.
Tech Gist Africa

Tech Gist Africa

Tech Gist Africa is a new media and technology news platform that focuses on the untold stories of innovative ideas closely connected to technology news from Africa.

Related Posts

telecommunications
Mobile networks

Cameroon Fines MTN and Orange $4.6 Million for Poor Service Delivery

by Tech Gist Africa
07/11/2025
0

Cameroon’s telecom regulator has issued fines totaling approximately 2.6 billion CFA francs (around US $4.6 million) to MTN Cameroon and Orange...

Read more
Cerebrium South Africa

Cerebrium, a South African AI startup raises $8.5 million seed funding

07/11/2025
Aria Ventures Egypt

Aria Ventures Launches $1 Million Fund to Boost Deep‑Tech Investment in Egypt

07/10/2025
BuuPass QuickBus Kenya

BuuPass, a Kenyan mobility startup has secured strategic funding from Yango Ventures

07/10/2025
Complete Farmer Ghana

Complete Farmer, a Ghana-based agritech company Raises $2.5 Million

07/09/2025
Next Post
PEG Africa Raises $4mn to Offer its PAYG Energy Services in Senegal

PEG Africa secures $5 Million to Foster Expansion across West Africa

Truecaller Crosses 1 Million Premium Subscribers, Unveils New Spam Blocking Feature

Truecaller Crosses 1 Million Premium Subscribers, Unveils New Spam Blocking Feature

Erada produces Saliva

South African-based Erada Receives €288,000 fund for Malaria Test Kit Invention

No Result
View All Result

The Big 5

Africa Tech

Tech Diplomacy: How Africa is Leveraging Technology for International Relations and Development

by Tech Gist Africa
07/21/2025
0

...

Media and Entertainment

How African Technology is Changing the Face of Media, Entertainment, and Digital Content

by Tech Gist Africa
07/14/2025
0

...

Ecobank

Ecobank, Google Partner to Boost Financial Inclusion and Innovation Across Africa

by Tech Gist Africa
07/08/2025
0

...

AWIEF

AWIEF 2025 Awards Nominations Now Open to Celebrate Africa’s Top Women Entrepreneurs

by Tech Gist Africa
07/08/2025
0

...

Google for Startups Accelerator Africa

15 African AI startups Selected for Google for Startups Accelerator Africa

by Tech Gist Africa
07/08/2025
0

...

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

Copyright © 2020 Techgistafrica. All Rights Reserved

No Result
View All Result
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact

Copyright © 2019 TECHGISTAFRICA. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.