Uganda fintech startup Emata raises $2.4M in Seed Funding to enhance access to loans for farmers

Emata offers digital, affordable loans to farmers so they can turn their farms into businesses. It partners with cooperatives and aggregators and uses their data for AI-powered alternative credit scoring. Here are details of Emata’s latest funding round :

🚀 Launch


🏭 Industry

Financial services


Bram Willem van den Bosch, Davis Agaba, Patience Kunihira, Solomon Metta, Maren Hald Bjørgum

💸 Funding & Investors

  • Investment (September 2023) : $2.4 million (Seed)
  • Investors : Led by African Renaissance Partners, with by Norrsken Accelerator, Zephyr Acorn, angel investor Marcus Boström and the Draper Richards Kaplan Foundation.

🎯 Funding purpose

Expansion across East Africa.

🌐 Country HQ

Uganda (Kampala)

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