Fundz

Nigerian Ethical Credit-Recovery Fintech Bfree Secures $1.7M, Expands To Asia, Europe, South America And Across Africa

PRIVATEJan 07, 2022

Amount Raised

$1.7 Million

Round Type

Seed

LewesFinancial ServicesSoftware

Description

Bfree, a Nigerian credit management fintech has embarked on global expansion after raising $1.7 million in a pre-Series A round, to tap the opportunities in emerging markets, where digital lending apps have recently sprung up in droves.

Quick answer

BFREE raised $1.7 Million in a Seed round, dated January 7, 2022. BFREE is based in Lewes, Delaware, United States.

How much did BFREE raise?
BFREE raised $1.7 Million in a Seed round on January 7, 2022.
What does BFREE do?
BFREE is focusing on providing support for financial services by offering relevant tech solutions and risk management tools that will aid their customers to achieve full financial health.
Where is BFREE based and how big is it?
BFREE is based in Lewes, Delaware, United States. Fundz records about 160 employees.
Who are the decision-makers at BFREE?
Fundz holds 2 contacts at BFREE, including the Head of People & Culture. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Software around the same time

Companies in the same sectors as BFREE that raised within 45 days of this round, from Fundz verified event records.

  • Anchorage Digital raised $350M (Series D) on December 15, 2021.
  • Anchorage Digital raised $350M (Funding Round) on December 15, 2021.
  • Dowsure raised $20M (Funding Round) on February 21, 2022.
  • PayMongo raised $31M (Series B) on February 21, 2022.
  • Earnipay raised $4M (Seed) on February 17, 2022.
  • Branch raised $143M on February 17, 2022.

Who to call at BFREE, and when

A new round usually means BFREE is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day BFREE raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at BFREE, from your own LinkedIn network

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Company Information

Company

BFREE

Location

16192 COASTAL HIGHWAY

Lewes, Delaware, United States

About

BFREE is focusing on providing support for financial services by offering relevant tech solutions and risk management tools that will aid their customers to achieve full financial health.

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Fundz sees it the moment BFREE raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

2 contacts
Verified contactsAdenrele A., Head of People & Culture hidden hidden hiddenSee plans and pricing
Predictive Intelligence
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BFREE raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.