Emata provides credit financing for farming operations in East Africa. The company works with cooperative societies to offer affordable loan facilities to farmers. It secured $2.4 Million in debt and equity seed funding from African Renaissance Partners, Norrsken Accelerator, Draper Richards Kaplan Foundation, Marcus Boström, and Zephyr Acorn. The fintech company will use the funding to improve its offerings in Uganda and expand its operations to serve farmers all over East Africa.
| Date | Round | Amount | Lead |
|---|---|---|---|
| Sep 18, 2023 | $2.4M | — |