Mighty Finance Solutions - About the company
Mighty Finance Solutions is a seed company based in Lusaka (Zambia), founded in 2021. It operates as an An online lending platform for consumer and business loans. Mighty Finance Solutions has raised $100K in funding from investors like Standard Chartered, Village Capital and The Baobab Network. The company has 1793 active competitors, including 150 funded and 84 that have exited. Its top competitors include companies like SoFi, InCred and Funding Societies.
Company Details
An online lending platform for consumer and business loans. It offers loans to small businesses, small-medium businesses, and personal entities. Its offers finance for equipment, inventories, trade credit, refinancing, and credit facilities.
- Website
- www.mightyfinance.co.zm/
- Social
- Email ID
- *****@mightyfinance.co.zm
- Phone Number
- +260 **********
Key Metrics
Founded Year
2021
Location
Lusaka, Zambia
Stage
Seed
Total Funding
$100K in 2 rounds
Latest Funding Round
Investors
Ranked
218th among 1793 active competitors
Employee Count
11 as on Sep 30, 2026
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Mighty Finance Solutions's funding and investors
Mighty Finance Solutions has raised a total funding of $100K over 2 rounds. Its first funding round was on May 04, 2022. Its latest funding round was a Seed round on Feb 02, 2024 for $*****. 2 investors participated in its latest round. Mighty Finance Solutions has 3 institutional investors.
Here is the list of recent funding rounds of Mighty Finance Solutions:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 02, 2024 | 3843453 | Seed | 3864004 | 2925218 | 6425366 | 6340170 |
May 04, 2022 | 2807712 | Seed | 1985068 | 2408790 | 5994099 |
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Mighty Finance Solutions' founders and board of directors
Founder? Claim ProfileMighty Finance Solutions' employee count trend
Mighty Finance Solutions has 11 employees as of Sep 26. Here is Mighty Finance Solutions's employee count trend over the years:
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Mighty Finance Solutions's Competitors and alternates
Top competitors of Mighty Finance Solutions include SoFi, InCred and Funding Societies. Here is the list of Top 10 competitors of Mighty Finance Solutions, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  SoFi 2011, San Francisco (United States), Public | Online bank offering consumer loans and insurances | $3.04B | 87/100 | |
2nd | Provider of financial services specializing in personal, education, and business loans | $320M | 82/100 | ||
3rd |  Funding Societies 2015, Singapore (Singapore), Series D | Digital platform providing financing solutions for small businesses | $242M | 81/100 | |
4th | Platform offering online personal loans with minimal documentation | $90.2M | 79/100 | ||
5th | Moneylion 2013, Sandy (United States), Acquired | Online platform for instant consumer loans and mobile banking | $268M | 79/100 | |
6th | Provider of loans, credit cards, gold investment, insurance, and UPI | $215M | 79/100 | ||
7th | Figure 2018, San Francisco (United States), Public | Blockchain-based platform for consumer loans | $435M | 78/100 | |
8th | Avant 2012, Chicago (United States), Series E | Online platform for consumer loans | $905M | 78/100 | |
9th | Liberis 2007, London (United Kingdom), Acquired | Provider of embedded finance solutions for small businesses | $135M | 77/100 | |
10th |  Salmon 2022, Taguig (Philippines), Series B | Developer of a platform offering business and consumer loans | $143M | 76/100 | |
218th |  Mighty Finance Solutions 2021, Lusaka (Zambia), Seed | An online lending platform for consumer and business loans | $100K | 36/100 |
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Mighty Finance Solutions's Investments and acquisitions
Mighty Finance Solutions has made no investments or acquisitions yet.
Reports related to Mighty Finance Solutions
Here is the latest report on Mighty Finance Solutions's sector:
News related to Mighty Finance Solutions
•
Village Capital and Standard Chartered Bank join forces to invest in women-led startupsTechTrends Media•Jan 29, 2024•Village Capital, Standard Chartered, Mighty Finance Solutions, Bena Care
•
Nairobi-based accelerator The Baobab Network invests $25k in 5 new African startups.TechMoran•May 05, 2022•The Baobab Network, Sidebrief, Lendha, Goodtalent and 2 others
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