At CrowdForce we are changing the narrative, building an ecosystem of 1 million merchants that will render penetrative market research and financial inclusion services to the billions of consumers in Africa and other emerging markets.
Location: United States, California, San Francisco
Employees: 51-200
Phone: +234 908 384 1742
Total raised: $7.2M
Founded date: 2018
Investors 4
| Date | Name | Website |
| - | Right Side... | rightsidec... |
| - | Y Combinat... | ycombinato... |
| - | Aruwa Capi... | aruwacapit... |
| - | Magic Fund | magic.fund |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 07.03.2022 | Series A | $3.6M | - |
| 18.02.2022 | Seed | $3.6M | - |
Mentions in press and media 14
| Date | Title | Description |
| 26.07.2023 | Babatunde Elijah Kelani: From Humble Beginnings to Scaling Several Fintech Startups. TechCabal’s 2021 Year-End report Success! | In the ever-evolving world of technology entrepreneurship, there are individuals who stand out for their exceptional vision, determination, and impact. Babatunde Elijah Kelani, popularly known as Tunde Elijah Kelani, is one such figure who ... |
| 01.06.2022 | Adesuwa Rhodes: “Women don’t need more seats at the table, we need to create our tables.” | It’s a bit ironic that while women run 40% of Africa’s small and medium-sized enterprises (SMEs), they receive only 1% of funding from Venture capital (VC) firms. Compared to the fact that male single and all-male founding teams received 84... |
| 16.03.2022 | A fantastic February for African tech: Here’s what matters | After a dazzling January debut that saw Africa-focused tech startups raise over $430 million from roughly 60 announced deals, fundraising in February was similarly feverish. The shortest month of the year witnessed approximately 60 announce... |
| 07.03.2022 | CrowdForce raises $3.6M during Series A | HAVAÍC, Aruwa Capital Management (Aruwa), and Asian African Investment & Consulting (AAIC) have announced a joint US$3.6 million pre-series A investment in CrowdForce. Empowering Nigeria’s underserved and unbanked population, the financ... |
| 07.03.2022 | CrowdForce raises $3.6M during Series A | HAVAÍC, Aruwa Capital Management (Aruwa), and Asian African Investment & Consulting (AAIC) have announced a joint US$3.6 million pre-series A investment in CrowdForce. Empowering Nigeria’s underserved and unbanked population, the financ... |
| 17.02.2022 | Learning the VC game, Flutterwave’s $3bn valuation and CrowdForce’s $3.6m raise | Share this article: “We don’t need you.” is a summary of what the European Union (EU) is telling Facebook’s parent company, Meta, after it threatened to shut down Facebook and Instagram in the region following its inability to comply with E... |
| 16.02.2022 | CrowdForce raises $3.6M to increase access to cash for underserved communities in Nigeria | Nigeria has an average of 4.8 bank branches and 19 ATMs per 100,000 adults, compared to the world average of 13 bank branches and 40 ATMs. Reports also say that less than one-third of Nigerian adults have access to a bank branch or ATM with... |
| 16.02.2022 | CrowdForce raises $3.6m to increase access to financial services in Nigeria’s underserved communities | With 4.8 bank branches and 19 ATMs for every 100,000 adults, compared to the world average of 13 bank branches and 40 ATMs, universal access to financial services in Nigeria remains a challenge. Available data also shows that less than one-... |
| 18.03.2020 | Here are the African startups that pitched at Y Combinator’s Winter 2020 Demo Day | Share this article: Twice a year, US seed accelerator, Y Combinator, invests $150,000 in selected startups, in exchange for 7% equity. Divided into winter and summer batches, these startups relocate to Silicon Valley for three months, finis... |
| 17.03.2020 | All the companies from Y Combinator’s W20 Demo Day, Part IV: Healthcare, Biotech, Fintech and Nonprofits | Y Combinator’s Demo Day was a bit different this time around. As concerns grew over the spread of COVID-19, Y Combinator shifted the event format away from the two-day gathering in San Francisco we’ve gotten used to, instead opting to have ... |
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