SC Ventures, Yabx invest $10mn in DIFC-headquartered Furaha to drive education financing in Africa

January 24, 2025

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The platform is to commence its operations with education finance, and will start with Uganda as its first market.

SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, and Yabx Technologies (Netherlands) B.V., a company of India’s Tech Mahindra group, announced joint investment plans in Furaha, a Dubai International Financial Centre (DIFC)-headquartered lending platform.

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