Numida
Working capital for African micro businesses
About Numida
Numida provides working capital loans to African micro businesses. Instead of borrowing from informal lenders or family, micro business owners download the Numida app, apply in minutes, and receive capital within a day. We have figured out how to score and disburse unsecured loans to cash-based businesses that have no digital transaction history, while maintaining excellent collection rates. Since 2021 we have provided $23M in working capital to 32,000 businesses in East Africa.
Company details
Funding
Total raised
$15.2M
Last stage
Series A
Investors
Founders
Catherine Denis
Co-founder and COO of Numida. I have lived and worked in Uganda, Rwanda, Burkina Faso, Mali, Haiti and Colombia for 8+ years figuring out how to build teams, build robust processes, and get things done in challenging environments. I hold an MPA/ID from the Harvard Kennedy School and graduated in Systems Design Engineering from the University of Waterloo. As a French Canadian, I always welcome the opportunity to work or connect in my mother tongue.
LinkedIn
Mina Shahid
Egyptian-Canadian entrepreneur, co-founder and CEO of Numida. Previously worked at Acumen as a Global Fellow and co-founded an earlier lending company in Ghana. University of Toronto alumnus.
LinkedInBen Best
Co-founder and CTO of Numida. Previously worked alongside Mina Shahid on an earlier lending company in Ghana before co-founding Numida.
What happens next.
No applications, no recruiter spam. Just the intro.
Confirm the fit
A few questions to make sure this role is the right shape for you. Two minutes.
I pitch you to the company
I write the intro, send it to the founder, and handle the back-and-forth.
A meeting lands on your calendar
If they’re a yes, I book the chat. You show up — that’s the whole job-hunt.