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Carrot Credit Secures $4.2m to Help Africans Use Digital Investments to Access Loans

Summary by UrbanGeekz
Nigerian  digital lender Carrot Credit has raised $4.2 million in seed funding to expand its asset-backed lending platform. MaC Venture Capital led the round with backing from Authentic Ventures and Partech Africa. The new funding will help the fintech startup to support product development and expansion across Africa. How Does Carrot Credit Work? Founded in 2023 by Boluwatife Aiki-Raji, Carrot Credit enables users to borrow without selling thei…
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UrbanGeekz broke the news in on Wednesday, May 28, 2025.
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