BALLOON VENTURES
Balloon Ventures bundles loans of ~$25,000 with tech-enabled business support to de-risk and profitably lend to SMEs in Kenya and Uganda. The approach is unlocking a $150bn segment in sub-Saharan Africa who are currently under-served by all existing financial institutions. Balloon has now made $10m+ loans and is profitable and scaling fast.
BALLOON VENTURES
Industry:
Financial Services
Founded:
2012-01-01
Status:
Active
Email Addresses:
[email protected]
Total Funding:
6.12 M USD
Technology used in webpage:
Japanese Yen Vercara
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Founder
Investors List
Citi Foundation
Citi Foundation investment in Seed Round - Balloon Ventures
Dutch Good Growth Fund
Dutch Good Growth Fund investment in Seed Round - Balloon Ventures
Challenge Fund for Youth Employment
Challenge Fund for Youth Employment investment in Seed Round - Balloon Ventures
Department for International Development
Department for International Development investment in Grant - Balloon Ventures
Citi Foundation
Citi Foundation investment in Grant - Balloon Ventures
Global Innovation Fund
Global Innovation Fund investment in Grant - Balloon Ventures
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