Ugandan fintech Asaak raises $30 million to support acquisition of motorbikes, smartphones
- Tech Crunch
- Jan 17, 2022
- 1 min read
Updated: Mar 15, 2022
"Asaak, a Ugandan asset financing startup, has secured $30 million in pre-Series A equity and debt funding. The round saw the participation of new and existing investors including Resolute Ventures, Social Capital, HOF Capital, Founders Factory Africa, End Poverty Make Trillions, Decentralized VC and a number of angel investors..."
$30 million is a lot of money to help people get motorbikes and smartphones. Hope they can keep it from turning into a bunch of block-pixels later on, and make a real difference!
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