Lulalend Secures $35M in Series B Funding Round to Unveil Lula, a Digital Bank for South African SMEs
Lulalend, a digital business lender based in Cape Town, South Africa, raised $35 million in a Series B funding round that was led by Lightrock, a global impact investor. Other investors included the International Finance Corporation (IFC), Quona Capital, and newcomers DEG, Triodos Investment Management, and Women’s World Banking Asset Management. Lulalend plans to utilize…