Nigerian Fintech Infibranches Technologies Secured USD 2 Mn Funding

Infibranches Technologies Limited, a Nigeria fintech startup, has secured USD 2 Mn funding from All On, an investment company backed Shell to provide energy solutions to communities across Nigeria. Infibranches enjoys support from The Nigerian Off-Grid Market Acceleration Programme, a not-for-profit initiative backed by UK and USAID.

Infibranches aims to provide digital financial services for service providers in the energy sector. Infibranches helps enterprises with vast distribution networks, particularly Solar Home System (SHS) distributors and mini-grid developers, manage their operations through its flagship technologies, OmniBranches and Green Energy Plug.