• About Hisa Technologies
  • Advertise
  • Careers
  • Contact Us
  • Estate Cloud
Tuesday, August 9, 2022
  • Login
  • Register
No Result
View All Result
NEWSLETTER
Kenyan Wallstreet
  • Home
  • News
    • Kenyan News
    • African News
    • Global News
  • Business
    • Agriculture
    • Banking
    • Aviation
    • Energy
    • Manufacturing
    • Markets
    • Technology
    • Startups
  • Money Matters
  • Podcast
  • Videos
  • Digital Assets
  • Calendar
  • Home
  • News
    • Kenyan News
    • African News
    • Global News
  • Business
    • Agriculture
    • Banking
    • Aviation
    • Energy
    • Manufacturing
    • Markets
    • Technology
    • Startups
  • Money Matters
  • Podcast
  • Videos
  • Digital Assets
  • Calendar
No Result
View All Result
Kenyan Wallstreet
No Result
View All Result

Yellow Secures $23M Debt Funding for Expansion

Jackson OkothbyJackson Okoth
June 25, 2022
in African News, Finance, Real Estate, Startups
Reading Time: 1 min read

Yellow, the South Africa-based fintech startup, which delivers asset-backed finance to 200,000 households, has raised US$23 million in debt funding to scale further.

In 2018, Mike Heyink and Maya Stewart founded Yellow; a digital retail business focused on energy access. It has provided power on a pay-as-you-go (PAYG) basis to 30,000 homes in its markets – Malawi and Uganda.

ADVERTISEMENT
Yellow raised US$ 3.3 Million in September 2020

The fintech raised a US$3.3 million Series A round in September 2020 and expanded into Rwanda and Zambia. The start up has now concluded the final piece of a series of debt transactions, totaling US$23 million, with Lion’s Head Global Partners joining Triple Jump, SunFunder, SIMA and Trine in backing Yellow.

“We were delighted to close our Series A in May 2020, that funding together with the debt facilities from our new partners give us the resources we need to serve at least one million more people,” said Ross Thompson, the start up’s CFO.

ALSO READ: Google Launches KSh465 Million Black Founders Fund for African Startups


Hisa App Hisa App Hisa App
Previous Post

CBK Collects KSh 19.6B from June T-Bonds Tap Sale

Next Post

Uganda Pumps $10 Million to South-South Project

Related Posts

TymeBank Announces Plans to Acquire Retail Capital

TymeBank Announces Plans to Acquire Retail Capital

August 8, 2022
Kenya among 6 Member States to Pilot the AfCFTA

Kenya among 6 Member States to Pilot the AfCFTA

August 8, 2022

Nigeria Secures $1.5 Billion Loan from EXIM US for Solar Power

August 8, 2022

Little Announces Plans to Sell 25% of its Stake to Investors

August 5, 2022

AfCFTA Secures $11.24 Million Grant from AfDB for African Intra-Trade

August 5, 2022

Kenya’s FaidiHR Raises Undisclosed Amount, Eyes Entry into Uganda, Tanzania & DRC

August 4, 2022

Zambian Kwacha Strengthens ahead of $1.3 Billion IMF Bailout

August 4, 2022

VC Firm Oui Capital Hits 1st Close of its $30 Million 2nd Fund

August 4, 2022
Load More
Next Post

Uganda Pumps $10 Million to South-South Project

ADVERTISEMENT

Follow Us

  • 142.3k Followers
  • 2.4k Subscribers
  • 1.1k Followers

WhatsApp

Subscribe

Telegram  

Subscribe

Podcasts

Upcoming Events

There are no upcoming events.

View Calendar
Add
  • Add to Timely Calendar
  • Add to Google
  • Add to Outlook
  • Add to Apple Calendar
  • Add to other calendar
  • Export to XML

Featured

No Content Available

About Us

We are a leading integrated digital content platform providing in-depth business and financial news across Sub-Saharan Africa & the globe. Kenyanwallstreet.com is a property of Hisa Technologies Ltd, a financial media & software company.

Contact Us

Kenyan Wall Street
Email: [email protected]
Website: www.kenyanwallstreet.com

Disclaimer

The information contained in this website is for general information purposes only.
Read more..

  • About Hisa Technologies
  • Advertise
  • Careers
  • Contact Us
  • Estate Cloud

Copyright 2021. Hisa Technologies. All Rights Reserved.

No Result
View All Result
  • Home
  • News
    • Kenyan News
    • African News
    • Global News
  • Business
    • Agriculture
    • Aviation
    • Banking
    • Energy
    • Infrastructure
    • Insurance
    • Investment
    • Manufacturing
    • Markets
    • Public Policy
    • Real Estate
    • Startups
    • Technology
  • Podcast
  • Videos
  • Events

Copyright 2021. Hisa Technologies. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In