SC Ventures and Yabx Invests $10M in Furaha to Transform Education Financing in Africa

SC Ventures and Yabx Technologies have jointly invested $10 million in Furaha, a lending platform focused on education financing in sub-Saharan Africa. SC Ventures contributed $7 million, while Yabx provided technology transfer to support this purpose-driven initiative.
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.