Digital credit provider Mines has raised $ 13 million in a Series A funding round led by The Rise Fund . Mines CEO Ekechi Nwokah said the company aims to help customers without a smartphone get access to credit , and scours high - volume data such as medical records and bank transactions in real time , to assess credit risk . Mines , which launched in 2017 , has been used by more than one million customers in Nigeria , and the latest version will be used to expand across Africa and into Southeast Asia .
Digital credit provider Mines has raised $13m in a series A funding round led by The Rise Fund. Mines CEO Ekechi Nwokah said the company aims to help customers without a smartphone get access to credit, and scours high-volume data such as phone records and bank transactions in real time, to assess credit risk. Mines, which launched in 2017, has been used by more than one million customers in Nigeria, and the latest investment will be used to expand across Africa and into Southeast Asia.