About Microfinance sector in Cameroon
The Microfinance sector in Cameroon comprises 10 companies, including 2 funded companies. Out of these, 1 is Series A+ funded.
Microfinance sector in Cameroon has seen 1 IPO. This represents almost 10.0% of all such companies - which is higher than the 5.3% exit rate of tech companies in general.
This sector includes microfinance is the provision of access to capital and financial services to low-income households and micro & small enterprises underserved by traditional financial institutions due to lack of collateral, credit information and profitability of serving such a customer group.
Microfinance sector is also known as Micro Credit, Micro-Finance, Micro-lending or Microcredit.
Companies included in Microfinance
All companies that primarily offer microfinance products including independent NBFIs, subsidiaries of banks, and cooperative societies. All internet-first lenders including marketplaces are also included.Companies excluded in Microfinance
Other Financial Institutions that have a different focus compared to NBFI microfinance companies including banks, consumer and SME loan companies, unorganised money lenders, private debt funds, large corporate lenders, asset finance companies etc. are excludedKey Metrics
Total Companies
Top Companies
Funded Companies
Series A+ Companies
Series C+ Companies
IPOs
Also known as
Micro Credit or Micro-Finance
Top Microfinance Companies in Cameroon
There are more than 10 companies in Microfinance in Cameroon. Finasddee Creditline is the top Microfinance company in Cameroon, ranked using Tracxn Score (what's this?).
Here are 5 of the top Microfinance companies in Cameroon:
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Microfinance institution providing savings accounts, loans, and money transfer services | Limbe (Cameroon) | 2017 | Public | - | |
Provider of microfinance and financial services to low-income individuals and communities | Kumba (Cameroon) | 2015 | Unfunded | - | |
Microfinance institution providing tailored financial products, credit facilities, and savings accounts | 2008 | Unfunded | - | ||
Provider of accounting, tax and microfinance services | Douala (Cameroon) | 2020 | Unfunded | - | |
Provider of microcredit loan services | Douala (Cameroon) | 2018 | Unfunded | - |
Companies founded year-on-year in the Microfinance sector in Cameroon
2 Microfinance startups in Cameroon were founded in 2016 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2025 | - |
2024 | - |
2023 | - |
2022 | - |
2021 | - |
2020 | 1 |
2019 | - |
2018 | 1 |
2017 | 1 |
2016 | 2 |
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