Lendable is a financial institution focused on providing debt financing solutions to tech startups in Africa, helping them scale without diluting equity.
Debt Financing Reaches All-Time High in African Tech: The $1.6B Milestone
In 2025, African tech startups raised $1.64 billion through debt financing, a 63% increase from 2024. The number of debt transactions reached a record 108 deals, up 40% from the previous year.
Fintech startup Lendsqr is launching a ₦1 billion working capital fund to support lenders
Lendsqr offers a line of credit to clients to expand their lending operations. The company has a ₦1 billion fund for overdrafts to its clients.
