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Kenya’s digital‑lending platform MyCredit has secured Sh1.4 billion (US$10.4 million)

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Kenya’s digital‑lending platform MyCredit has secured Sh1.4 billion (≈ US$10.4 million) in new funding, a deal that underscores investor appetite for East Africa’s fast‑growing fintech sector even as global venture flows cool. The capital raise—structured as a mix of equity and a senior secured debt facility—was led by South Africa’s Norsad Capital, with participation from returning backers Accion Venture Lab and Nairobi‑based Victoria Commercial Bank. MyCredit s.......

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