Uncap launches a $33 million fund to support the expansion of SME’s in Africa.
Unconventional Capital, a EUR30 million (US$33 million) fund, has been established by early-stage African investor Uncap with the goal of offering non-dilutive, revenue-based financing to early-stage small and medium-sized enterprises (SMEs) throughout Africa. Through its unique, revenue-based financing model, Uncap has invested in early-stage African SMEs since its founding in 2019 and official launch in…