Numida - About the company
Numida is a seed company based in Kampala (Uganda), founded in 2015 by Mina Shahid. It operates as an Online marketplace for working capital loans. Numida has raised $10.1M in funding from investors like Y Combinator, MFS Africa and Serena Ventures.
Company Details
Online marketplace for working capital loans. It enables semiformal micro and small businesses with digital working capital loans. Its underwriting process enables to verify businesses and grow loan limits. It offers an app-based platform that is available on Android devices.
- Website
- ug.numida.com/
- Phone Number
- +256 **********
Key Metrics
Founded Year
2015
Location
Kampala, Uganda
Stage
Seed
Total Funding
$10.1M in 4 rounds
Latest Funding Round
Investors
Ranked
1st among 1 active competitor
Employee Count
177 as on Sep 30, 2026
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Numida's funding and investors
Numida has raised a total funding of $10.1M over 4 rounds. Its first funding round was on Apr 13, 2021. Its latest funding round was a Seed round on Sep 28, 2022 for $*****. 7 investors participated in its latest round. Numida has 12 institutional investors.
Here is the list of recent funding rounds of Numida:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 28, 2022 | 2462619 | Seed | 1723500 | 4958487 | 1249793 | 6531411 |
Sep 28, 2022 | 7228662 | Conventional Debt | 2718006 | 3910925 | 3536325 | |
Jan 21, 2022 | 3508598 | Seed | 2011716 | 4957399 | 2589720 |
View details of Numida's funding rounds and investors
Numida's founders and board of directors
Founder? Claim ProfileThe founders of Numida is Mina Shahid. Mina Shahid is the CEO of Numida.
Here are the details of Numida's key team members:
- Mina Shahid: Co-Founder & CEO of Numida and founder of 2 other companies, Numida and Numida. Contact Info: 1 email address
View details of Numida's Founder profiles and Board Members
Numida's employee count trend
Numida has 177 employees as of Sep 26. Here is Numida's employee count trend over the years:
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Numida's Investments and acquisitions
Numida has made no investments or acquisitions yet.
Reports related to Numida
Here is the latest report on Numida's sector:
News related to Numida
•
YC-backed fintech Numida raises $12.3M led by Serena Ventures to extend loans to MSMEs beyond UgandaTechCrunch+•Sep 28, 2022•Numida, Serena Ventures, Breega, 4Di Capital and 5 others
•
MFS Africa leads $2.3M seed round in Ugandan fintech startup NumidaTechCrunch+•Apr 13, 2021•Numida, MFS Africa, Draper Richards Kaplan Foundation, Equilibria Capital and 2 others
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