Rubyx
Rubyx is a digital lending platform. They offer microfinance and provide loans for income-generating activities. They are digital lenders for service providers that lend to small businesses in emerging markets, enabling non-lenders such as digital platforms to easily embed lending features into their services.
Location: Senegal
Website: https://rubyx.io/
Sector: Finance
Funding Stage: Venture Round, Debt,
Total Funding ($m): 0.726
# of Founders: 3
Founding Year: 2018
Funding Year: 2024
| Year | Amount | Stage | Investors |
|---|---|---|---|
| 2022 | $0.2m | Venture Round | Launch Africa |
| 2024 | $0.526m | Debt | Proparco |
Venture Round $0.2m
Launch AfricaDebt $0.526m
ProparcoNews
https://www.appsafrica.com/proparco-invests-in-rubyx/