Emata, a pioneering fintech and microfinance firm based in Uganda, has successfully secured $2.4 million in a seed funding round. The funds, which include $800,000 in equity and $1.6 million in on-lending capital, will be utilized to expand the company’s innovative agri-loan services throughout the East African region. The seed funding round was supported by a group of investors, including African Renaissance Partners, a venture capital firm dedicated to fostering entrepreneurship in East Africa and the Horn of Africa. Norrsken Accelerator, the investment division of Europe’s largest impact tech ecosystem, also contributed to the round, along with Zephyr Acorn, Marcus…
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