Baobab - About the company
Baobab is an acquired company based in Paris (France), founded in 2001 by Arnaud Ventura. It operates as a Financial services company offering tailored solutions for financially underserved entrepreneurs and SMEs. Baobab has raised $16.7M in funding from Apis Partners and Impact Fund Denmark. The company has 16 active competitors, including 1 funded and 2 that have exited. Its top competitors include companies like CIT VERiCASH, Avanseo and CDC Enterprises.
Company Details
Baobab is a financial services company that offers tailored solutions for financially underserved entrepreneurs and SMEs in Africa and China. They believe in financial inclusion.
- Website
- baobab.com
- Email ID
- *****@baobab.com
- Phone Number
- +33 **********
Key Metrics
Founded Year
2001
Location
Paris, France
Stage
Acquired
Total Funding
$16.7M in 5 rounds
Latest Funding Round
Investors
Ranked
1st among 16 active competitors
Employee Count
3,520 as on May 31, 2026
Exit Details
Acquired by Beltone (Dec 31, 2024)
Baobab's acquisition details
Baobab got acquired by Beltone on Dec 31, 2024.
Click here to take a look at Baobab's acquisition in detail
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Baobab's funding and investors
Baobab has raised a total funding of $16.7M over 5 rounds. Its first funding round was on Oct 15, 2012. Its latest funding round was a Series A round on Oct 22, 2024 for $*****. 1 investor participated in its latest round. Baobab has 13 institutional investors.
Here is the list of recent funding rounds of Baobab:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 22, 2024 | 1322114 | Series A | 1788907 | 1647929 | 8019106 | 4999505 |
Dec 16, 2015 | 8514758 | PE | 5037339 | 8041287 | 9384694 | 9939326 |
2015 | 9592 | Series A | 7545 | 2011 | 2458 |
View details of Baobab's funding rounds and investors
Baobab's founders and board of directors
Founder? Claim ProfileThe founders of Baobab is Arnaud Ventura. Philip Sigwart is the CEO of Baobab.
Here are the details of Baobab's key team members:
- Arnaud Ventura: Founder & CEO of Baobab and founder of 1 other company.
- Philip Sigwart: CEO of Baobab. Contact Info: 1 email address
View details of Baobab's Founder profiles and Board Members
Baobab's employee count trend
Baobab has 3,520 employees as of May 26. Here is Baobab's employee count trend over the years:
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Baobab's Competitors and alternates
Top competitors of Baobab include CIT VERiCASH, Avanseo and CDC Enterprises. Here is the list of Top 10 competitors of Baobab, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Financial services company offering tailored solutions for financially underserved entrepreneurs and SMEs | $16.7M | 72/100 | ||
2nd | CIT VERiCASH 2000, Cairo (Egypt), Funding Raised | Mobile payment technology platform enabler. | - | 34/100 | |
3rd | Online lending platform for business loans | - | 34/100 | ||
4th | CDC Enterprises 1988, Paris (France), Unfunded | Provides SME financing solutions | - | - | 32/100 |
5th | Cofiloisirs 1973, Paris (France), Acquired | An specialized lending institution for the film and TV industry. | - | 30/100 | |
6th | Provides financial services for SMEs | - | - | 27/100 | |
7th | Provider of financial solutions for individuals | - | - | 23/100 | |
8th | Customized payment solutions for businesses | - | 22/100 | ||
9th | Provider of research and innovation consulting services, specializing in R&D financing and innovation funding | - | - | 21/100 | |
10th | Corporate LinX 2008, Paris (France), Unfunded | Financial supply chain and reverse factoring solution | - | - | 19/100 |
Looking for more details on Baobab's competitors? Click here to see the top ones
Baobab's Investments and acquisitions
Baobab has made no investments or acquisitions yet.
Reports related to Baobab
Here is the latest report on Baobab's sector:
News related to Baobab
Media has covered Baobab for a total of 2 events in the last 1 year.
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Belton Holding acquires Baobab Group to build an integrated African platform.Alalamelyoum•Feb 10, 2026•Beltone, Baobab
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BioLite Acquires Majority Stake in Solar Distributor Baobab+ From Baobab GroupTechMoran•May 12, 2025•BioLite, Baobab, Baobab +
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Alitheia Capital and Goodwell Investments exit Baobab NigeriaTechMoran•Apr 04, 2025•Baobab, Goodwell Investments, Alitheia Capital
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Liberty Specialty Markets, Baobab Offer E-Crime Cover for SMEsInsurance Journal•Mar 11, 2025•Liberty Specialty Markets, Baobab, Baobab
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Gojo & Company’s Acquisition Of 16.4% Stake In Baobab GroupGlobal Legal Chronicle•Oct 22, 2024•Gojo, Baobab, Bird & Bird
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Baobab Nigeria wants to build financial solutions for every NigerianTechpoint.Africa•Aug 21, 2024•Baobab
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Peach Payments Secures R578 Million Funding As Part Of Its African Expansion StrategyTechFinancials•Oct 03, 2023•Baobab, Apis Partners, Webber Wentzel, V14
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