This funding round, led by a consortium of renowned investors, including INCO Ventures, Al Mada Ventures, Janngo Capital, and Open CNP, will fuel Susu’s mission to revolutionize healthcare access in Francophone Africa.
Founded in 2019, Susu tackles the critical challenge of bridging the healthcare gap in Africa, where rapid population growth coincides with a rise in chronic diseases like diabetes and hypertension.
Their innovative solution lies in a comprehensive digital platform connecting beneficiaries, medical providers, financial contributors, and internal teams.
This 360° approach, coupled with partnerships with top healthcare providers, ensures a high-quality medical network at the fingertips of users.
Susu’s unique offerings extend beyond traditional healthcare.
They provide both local and international health insurance coverage alongside tailor-made “health bundles” catering to specific needs.
Importantly, the startup leverages innovative financing models, enabling third-party contributions from the African diaspora, relatives, employers, and even charities.
“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.
Yellow Card, a leading fintech company in Africa, has raised $33 million in a Series C funding round aimed at enhancing its operations and driving expansion across the continent.
LeaseSurance, a South African insurtech startup that has developed a platform to replace security deposits in rental real estate, has raised $161,000 in seed funding.
FrontEdge, a Nigerian fintech startup based in Lagos, has successfully raised $10 million in a seed round of funding, with over 70% of the capital contributed through debt financing.
© 2021 Empower Africa. All rights reserved.