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.
Unlocking Quality & Equitable Education with Purpose-Based Financing: FURAHA FINANCIAL UGANDA

Education, the cornerstone of progress, is getting a digital makeover that’s set to change everything in Uganda. Furaha is making quality primary and education accessible to all through innovative mobile-based financing with flexible payment plans.
Furaha: Empowering Dreams through Quality Education

Furaha believes that every individual deserves an opportunity to unlock their dreams through access to quality education.