Fintech start-up, Aella raises US$10m to improve financial inclusion in West Africa

NIGERIA – Nigerian fintech startup focused on improving financial inclusion for West Africa’s low-income segment, Aella has raised a $10m debt financing round. The debt financing round was led by HQ Financial Group (HQF), Singapore-based private company specializing in new material science, semiconductor and blockchain financial investments. This debt financing round is Aella’s second raise and the company says that it will bolster its commitment to serve the underbanked population in West Africa and other emerging markets. “Lack of access to credit and financial services has been the main impediment…

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