BFREE is a credit recovery company that partners with digital lenders, banks, and microfinance organizations to offset their non-performing loans. They use behavioral models and ethical engagement methods to help borrowers liquidate their facilities and repair their credit. BFREE raised $3 million in seed funding from Verdant Capital Hybrid and $2.95 million from Capria Ventures, Angaza Capital, GreenHouse Capital, Modus Africa, and Axian CVC. The company is pivoting to incorporating datasets on non-performing loan portfolios to evaluate and structure portfolio acquisitions.
| Date | Round | Amount | Lead |
|---|---|---|---|
| Jul 18, 2025 | $3.0M | ||
| Mar 5, 2024 | $3.0M | — |