Investments
Country
Kenya
Invested
November 2023
Sevi is an innovative B2B platform in the Buy Now Pay Later (BNPL) space, working with a range of SMEs to provide supply chain financing. Sevi enables MSME buyers and sellers to buy stock on credit quickly and conveniently. Their app helps businesses streamline their supply chain, simplify online transactions, and free up time, resources, and capital for other aspects of their operations. With about 30% of their current end customers in rural areas and a strong pipeline focused on enrolling rural/agri anchor partners, Sevi is a great example of the type of early-stage venture EAFF wants to invest in.
Dublin 2, D02 VE40
Ireland
Our financing facility provides debt to early-stage digital innovators, based in sub-Saharan Africa, who are enabling greater access to finance for rural SMEs. Emerald Africa Financing Facility is incubated by Small Foundation.
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