Futuregrowth backs local fintech operator Sourcefin with R150m
Sourcefin’s platform integrates financing, supply chain management, and end-to-end project support
13 December 2024 - 18:22
Futuregrowth Asset Management has backed local fintech operator Sourcefin with R150m in new funding.
Founded in 2020, Sourcefin specialises in alternative funding and supply chain support for small and medium-sized enterprises (SMMEs). The company is looking to capitalise on lending to small businesses that would otherwise not be able to access financing from traditional banks and lenders, where applications for funding are declined based on history, or a lack thereof. ..
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