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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.
Social
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Phone Number
+256 **********
Key Metrics
Founded Year
2015
Location
Kampala, Uganda
Stage
Seed
Total Funding
$10.1M in 4 rounds
Latest Funding Round
Ranked
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:lockFilter this list
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
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Numida's founders and board of directors

Founder? Claim Profile
The founders of Numida is Mina Shahid. Mina Shahid is the CEO of Numida.
Here are the details of Numida's key team members:

Numida's employee count trend

Numida has 177 employees as of Sep 26. Here is Numida's employee count trend over the years:
Employee count trend for Numida
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Numida's Investments and acquisitions

Numida has made no investments or acquisitions yet.

Reports related to Numida

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News related to Numida

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