You've successfully subscribed to Inclusion Times
Great! Next, complete checkout for full access to Inclusion Times
Welcome back! You've successfully signed in.
Success! Your account is fully activated, you now have access to all content.
Success! Your billing info is updated.
Billing info update failed.

Nigerian fintech startup, Evolve Credit, receives $25 000 funding

Evolve Credit has received $25 000 in funding from Venture Capitalist firm, Microtraction.

Ola Olaoluwa
Ola Olaoluwa

Evolve Credit, a loan and financial service intended to help Nigerians select the best-suited loan product has recieved a $25,000 investment from Nigeria-based Venture Capitalist firm, Microtraction.

Evolve Credit aims to eliminate the paperwork from the loan and financial product application process so that people can apply for a loan, open a savings account, or get car insurance without traveling to a physical branch.

Image Source:

Microtraction’s angel fund, on the other hand, aims to ease Africa’s move into a sustainable and developed economy. The fund helps African tech entrepreneurs looking to leverage technology, capital, and problem-solving, to access pre-seed funding.

Nigeria In Focus:

Population: 206.6 million (Compared to South Africa's 59.6 million)

GDP: $504.57 billion (Compared to South Africa's $369.85 billion)

GDP Per Capita: $2,465 (Compared to South Africa's $6,193)


Ola Olaoluwa

Writer | Economist | Actor | Fashion Entrepreneur