Friday, January 15

Tag: digital savings app

Nigerian Co-Owned FINTECH, Esusu Raises $2.3 Million In Fundings in USA
Business

Nigerian Co-Owned FINTECH, Esusu Raises $2.3 Million In Fundings in USA

Nigeria-Inspired Fintech Esusu Raises $2.3 Million in Seed Extension to Fuel Its Expansion to 1M Rental Units. Millions of Americans have lost jobs and missed rent payments due to the pandemic, a striking reminder of the looming financial duress many households are under. On Wednesday, the digital savings app Esusu, which targets immigrant and minority groups, announced the close of a $2.3 million seed round, bringing its total financing to $4 million. Cofounders Wemimo Abbey and Samir Goel began fundraising in June and the latest round includes investors like Impact America Fund, Zeal Capital Partners, and Next Play Ventures, the latter of which is led by LinkedIn chairman and former CEO Jeff Weiner. Founded in 2018, Esusu is a rotational savings and credit building app that ...