SC Ventures and Yabx, a Tech Mahindra Group company, invest $10 Million to setup Furaha and expand access to purpose-driven financing in Africa

Furaha combines SC Ventures’ global expertise and risk management capability with Yabx’s future-ready tech and alternate lending platform Furaha offers purpose-driven loans centred around education, gender and other responsible lending pillars for African markets  SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, and Yabx Technologies (Netherlands) B.V.