Oze raises undisclosed round from Visa, and German DFI, DEG
- Oze announces a new undisclosed investment round from Visa and DEG.
- The startup previously raised $3 million in a pre-series A round led by Speedinvest.
- Oze aims to scale its Lending Management System with the new funding.
Oze's innovative approach to financial inclusion and support for SMEs in Africa is commendable, especially given the challenges faced by small businesses in accessing capital. The backing from major investors like Visa and DEG highlights the potential impact of their technology. Continued focus on scaling their operations could significantly transform the financial landscape for underserved markets.
