South Africa’s Sourcefin Secures USD 8.2 M Funding

South African fintech and alternative funding provider Sourcefin has raised USD 8.2 M from Futuregrowth Asset Management to strengthen its support for small and medium-sized enterprises (SMMEs).

Founded in 2020 by Joshua Kadish, Avi Mishan, and Marom Mishan, Sourcefin offers tailored financing solutions and specialist supply chain support, addressing critical gaps in working capital for SMMEs. The fintech enables businesses to fulfil public and private sector purchase orders effectively, bridging challenges small enterprises face.

The funding is expected to enhance Sourcefin’s ability to provide accessible financial solutions, empowering more businesses to scale and succeed in competitive markets.