Mines, a Nigerian fintech startup revolutionizing the credit system in emerging economies closed a Series A funding round of $13 million earlier this month. Solving this problem ignited their interest to create this digital credit platform. Before rounding up this series of funding, Mines tested its services in Nigeria and reports that about one million customers have used their platform. According to the Chief Executive Officer at Mines, Ekechi Nwokah, adults without access to credit exceed 3 billion. The vision of the company is to grant credit access to that number in the next 10 years.

Source: The North Africa Journal August 29, 2018 16:41 UTC