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FinTech news in 4G Capital category

Kenya's 4G Capital raised Series C round of $19M

Fintechs in Africa continue to overshadow all other startups in funding gained Hennessy-Barrett launched 4G Capital in 2013 after a short stint as a loans manager based in Kenya for a lending corporation, an opportunity that saw him travel across Africa and gain insights on the continent lending space. Hennessy-Barrett said that 4G Capital has extended credit valued at $230 million since launch and loaned to over 1.75 million micro-businesses over the same period, recording a 90% year-on-year growth.