Cauris Finance Launches USD 40M Debt Fund for African Fintechs

Cauris Finance, an Africa-focused impact credit fund, has announced the closing of a USD 40 M debt facility with a U.S.-based institutional investor. This new funding will enhance Cauris’s capacity to provide debt financing to African fintechs that improve access to credit for financially underserved small businesses and entrepreneurs, a critical component of African economies.

Founded in 2021, Cauris Finance provides secured debt facilities tailored to diverse business models, including mobility, SME, and trade financing. Its portfolio includes notable fintechs such as Asaak, Float, Jetstream, and Numida.

The secured debt facility will further enable Cauris to scale its operations and solidify its role as a key financial partner for socially impactful fintechs in Africa. Additionally, this milestone supports Cauris’s goal of reaching the first close of its new USD 50 M Third Wave Fund by 2025 to expand its investment footprint across the continent.