Every round on record, with the sources behind each and the investors on them.
Africa’s leading ethical credit manager
bfree.ioLagosFintechFounded 2020
3 sources
Developing: it holds up against its sources so far, and firms up as more reporting lands.
No stage, investor, valuation, or headquarters is stated.
2 sources
Developing: it holds up against its sources so far, and firms up as more reporting lands.
Source 1's page metadata is dated 2026-10-15, but its article dateline says February 29, 2024; the dated article dateline controls. Source 2 confirms the $2.95 million round and Capria Ventures' lead role but does not provide a separate announcement date.; not on the page it cites, so not applied: amount
1 source
Developing: it holds up against its sources so far, and firms up as more reporting lands.
The $2.5 million figure is total capital raised, not the amount of this round.
| Round | Amount | Announced | Lead | Buzz |
|---|---|---|---|---|
| Funding round [ HISTORY ]: An earlier round, from the company's own announcement, found while researching the company. Checked like any round, but not new, so it stays out of the daily feed and alerts; a date range shows it. | $3.1M $12M to date | 2026-05-03 | AfricInvest through its Financial Inclusion Vehicle (FIVE) | No recent discussion |
3 sources [ DEVELOPING ] Developing: it holds up against its sources so far, and firms up as more reporting lands. read against 1 of 3 sources No stage, investor, valuation, or headquarters is stated. | ||||
BFREE is an Africa-focused investor and manager of distressed unsecured consumer and SME loan portfolios that uses AI-driven credit servicing to give financial institutions liquidity while helping borrowers repay responsibly.
Checked against 8 sources today
| Funding round [ REPORTED LATER ]: This round was announced before Fireround first saw it. It stays in the company's history, not in Latest, Trending, or alerts. | $3.0M | 2024-02-29 | Capria Ventures | No recent discussion |
2 sources [ DEVELOPING ] Developing: it holds up against its sources so far, and firms up as more reporting lands. read against 2 sources Source 1's page metadata is dated 2026-10-15, but its article dateline says February 29, 2024; the dated article dateline controls. Source 2 confirms the $2.95 million round and Capria Ventures' lead role but does not provide a separate announcement date.; not on the page it cites, so not applied: amount [ BUILT WITH ]·[ SEARCH ]found by Firecrawl search·[ SCRAPE ]2 pages read: empowerafrica.com, capria.vc·[ JSON ]round read into a schema, with the sentence that states it·[ VERIFY ]confirmedchecked against 2 sources·[ BRANDING ]logo and colour from the homepage·[ AGENT ]company research by the Firecrawl agent | ||||
| Pre-A pre-Series A [ HISTORY ]: An earlier round, from the company's own announcement, found while researching the company. Checked like any round, but not new, so it stays out of the daily feed and alerts; a date range shows it. | $1.7M $2.5M to date | 2022-01-06 | not stated | No recent discussion |
1 source [ DEVELOPING ] Developing: it holds up against its sources so far, and firms up as more reporting lands. read against 1 source
The $2.5 million figure is total capital raised, not the amount of this round. [ BUILT WITH ]·[ SEARCH ]found by Firecrawl search·[ SCRAPE ]1 page read: techcrunch.com·[ JSON ]round read into a schema, with the sentence that states it·[ VERIFY ]correctedchecked against 1 source·[ BRANDING ]logo and colour from the homepage·[ AGENT ]company research by the Firecrawl agent | ||||
| EARLIER ROUNDS FROM COMPANY RESEARCH · DEVELOPING | ||||
| Seed | $800K | undated | Beta.Ventures | |
Also named as backers in company research: Beta.Ventures