Mathesis Analytics secures funding to boost African credit access
Mathesis Analytics, a Nigerian fintech company specializing in AI-driven credit decisioning, has received investment from First Ally Capital. The funding aims to help Mathesis expand its infrastructure and bridge the credit gap for millions of underserved individuals in Nigeria and across Africa. Winston Osuchukwu, CEO of Mathesis, emphasized the importance of collaboration in achieving financial inclusion. Ebenezer Olufowose, CEO of First Ally Capital, highlighted the alignment of this partnership with their vision for responsible innovation in financial services.
TLDR
- Mathesis Analytics received new investment from First Ally Capital to support its growth and expansion across Africa.
- The company’s proprietary technology helps lenders assess borrowers without formal credit histories by using alternative behavioural and transactional data.
- Winston Osuchukwu stated that the investment validates Mathesis’s approach to reshaping credit infrastructure and empowering lenders.
- Mathesis has already supported over eight million loans for more than two million borrowers in Nigeria.
- Ebenezer Olufowose of First Ally Capital praised Mathesis’s innovative approach and commitment to inclusive financial growth.
