Deal Street

African Startup Funding Tracker

$408,103,000+

*Data updated daily at 18:00 EAT

Fintech Company Pngme Secures Investment From Aruwa Capital
Fintech Company Pngme Secures Investment From Aruwa Capital

Pngme, a fintech company with a focus on driving financial inclusion by providing mission-critical data infrastructure and machine learning models to financial institutions, has received an undisclosed investment from Aruwa Capital Management (Aruwa), an early-stage growth equity and gender lens fund investing in Nigeria and Ghana.

Pngme provides infrastructure that allows financial institutions and fintechs to collect and aggregate financial data at scale. The company’s mobile SDK and data processing pipelines collect alternative financial data and unify it with other data sources to create a holistic, real-time picture of an individual’s financial behavior.