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Tugende takes first step towards repayment of defaulted $5M Goldfinch loan

From TechCrunch

By Annie Njanja

September 14, 2023

Tugende takes first step towards repayment of defaulted $5M Goldfinch loan

Tugende, a venture-backed lender based in Uganda, and Warbler Labs, the company building Goldfinch, a decentralized credit protocol, have agreed on a loan restructuring plan that may lead to the recovery of the $5 million loan that the East African motorcycle taxi financing company defaulted months ago. Warbler Labs arrived at a restructuring “agreement in […]

Most Recent

Colossal Biosciences reportedly in talks to raise new capital at $20B–$30B valuation

Colossal Biosciences reportedly in talks to raise new capital at $20B–$30B valuation

The de-extinction startup is looking to double or triple its previous valuation, according to the report.

Jul 20, 2026

Natural raises $30M to reinvent payments for AI agents — and take on Stripe

Natural raises $30M to reinvent payments for AI agents — and take on Stripe

The one-year-old startup aims to reinvent financial architecture for autonomous AI transactions.

Jul 20, 2026

Inference startup Infinity raises $15M from Touring Capital, OpenAI and Anthropic researchers

Inference startup Infinity raises $15M from Touring Capital, OpenAI and Anthropic researchers

AI infrastructure company Infinity announced Monday a $15 million raise at a $100 million valuation from investors including Touring Capital, Principal VC, and researchers from companies such as OpenAI and Anthropic.

Jul 20, 2026

StrictlyVC returns to New York City September 10 to celebrate a huge year for the city’s startup community

StrictlyVC returns to New York City September 10 to celebrate a huge year for the city’s startup community

For the first time since 2024, StrictlyVC is coming back to New York City — and we're bringing the kind of access you’d expect from an under-wraps event to the whole startup, VC, and dealmaking community.

Jul 20, 2026

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StellarFi lands $15M to help people build credit by paying bills, rent on time

StellarFi lands $15M to help people build credit by paying bills, rent on time

Building credit is hard when it’s difficult to even get credit. And while it’s not impossible to get loans or credit cards, they are usually offered at high interest rates to the people who can least afford to pay them. One Austin-based startup is out to help people build — or get — credit without […]

Mar 28, 2023

Impact investors FMO and BlueOrchard back Ghana’s digital lender Fido in $30M Series B round

Impact investors FMO and BlueOrchard back Ghana’s digital lender Fido in $30M Series B round

Digital lending platforms have become an easy and swift alternative source of credit for microenterprises and individuals overlooked by traditional banking institutions. These platforms have turned into a lifeline for millions of underbanked and demand will keep growing, pushing the value of the digital lending platform market in the Middle East and Africa to reach $2 billion in the next five years, recording a four-fold growth since 2021. This is the market opportunity Ghanaian fintech Fido pl

Sep 3, 2024

Indifi raises $35M to expand digital lending to more small businesses

Indifi raises $35M to expand digital lending to more small businesses

Indifi Technologies, an Indian startup offering digital lending to small and medium businesses, has raised $35 million in a new funding round led by ICICI Venture, the investment arm of ICICI Bank. Existing investors, including British International Investment, OP Finnfund Global Impact Fund I, Omidyar Network India, Flourish Ventures and CX Partners also participated in […]

Jun 12, 2023

Revenue-based financing startups continue to raise capital in MENA, where the model just works

Revenue-based financing startups continue to raise capital in MENA, where the model just works

In an era where it has become tougher to raise venture capital, many companies have turned to non-dilutive, revenue-based financing (RBF) as an alternative. As a result, plenty of startups have risen to meet that challenge, none more so than in the MENA region, which has taken to the model like a duck to water. The latest is CredibleX which has raised a $55 million seed financing round led by Abu Dhabi-based Further Ventures in order to take advantage of the booming market for revenue financing

Dec 24, 2024

Most Recent

Colossal Biosciences reportedly in talks to raise new capital at $20B–$30B valuation

Colossal Biosciences reportedly in talks to raise new capital at $20B–$30B valuation

The de-extinction startup is looking to double or triple its previous valuation, according to the report.

Jul 20, 2026

Natural raises $30M to reinvent payments for AI agents — and take on Stripe

Natural raises $30M to reinvent payments for AI agents — and take on Stripe

The one-year-old startup aims to reinvent financial architecture for autonomous AI transactions.

Jul 20, 2026

Inference startup Infinity raises $15M from Touring Capital, OpenAI and Anthropic researchers

Inference startup Infinity raises $15M from Touring Capital, OpenAI and Anthropic researchers

AI infrastructure company Infinity announced Monday a $15 million raise at a $100 million valuation from investors including Touring Capital, Principal VC, and researchers from companies such as OpenAI and Anthropic.

Jul 20, 2026

StrictlyVC returns to New York City September 10 to celebrate a huge year for the city’s startup community

StrictlyVC returns to New York City September 10 to celebrate a huge year for the city’s startup community

For the first time since 2024, StrictlyVC is coming back to New York City — and we're bringing the kind of access you’d expect from an under-wraps event to the whole startup, VC, and dealmaking community.

Jul 20, 2026

Similar Posts

StellarFi lands $15M to help people build credit by paying bills, rent on time

StellarFi lands $15M to help people build credit by paying bills, rent on time

Building credit is hard when it’s difficult to even get credit. And while it’s not impossible to get loans or credit cards, they are usually offered at high interest rates to the people who can least afford to pay them. One Austin-based startup is out to help people build — or get — credit without […]

Mar 28, 2023

Impact investors FMO and BlueOrchard back Ghana’s digital lender Fido in $30M Series B round

Impact investors FMO and BlueOrchard back Ghana’s digital lender Fido in $30M Series B round

Digital lending platforms have become an easy and swift alternative source of credit for microenterprises and individuals overlooked by traditional banking institutions. These platforms have turned into a lifeline for millions of underbanked and demand will keep growing, pushing the value of the digital lending platform market in the Middle East and Africa to reach $2 billion in the next five years, recording a four-fold growth since 2021. This is the market opportunity Ghanaian fintech Fido pl

Sep 3, 2024

Indifi raises $35M to expand digital lending to more small businesses

Indifi raises $35M to expand digital lending to more small businesses

Indifi Technologies, an Indian startup offering digital lending to small and medium businesses, has raised $35 million in a new funding round led by ICICI Venture, the investment arm of ICICI Bank. Existing investors, including British International Investment, OP Finnfund Global Impact Fund I, Omidyar Network India, Flourish Ventures and CX Partners also participated in […]

Jun 12, 2023

Revenue-based financing startups continue to raise capital in MENA, where the model just works

Revenue-based financing startups continue to raise capital in MENA, where the model just works

In an era where it has become tougher to raise venture capital, many companies have turned to non-dilutive, revenue-based financing (RBF) as an alternative. As a result, plenty of startups have risen to meet that challenge, none more so than in the MENA region, which has taken to the model like a duck to water. The latest is CredibleX which has raised a $55 million seed financing round led by Abu Dhabi-based Further Ventures in order to take advantage of the booming market for revenue financing

Dec 24, 2024