Rubyx secures EUR400,000 loan to boost algorithmic lending for African startups and SMEs

The Senegalese fintech startup Rubyx has secured a loan of EUR400,000 (approximately US$440,000) from Proparco, a French development finance institution. This funding is aimed at accelerating the deployment of Rubyx’s innovative algorithmic lending solution tailored for startups and microfinance institutions across Africa. Rubyx has created a state-of-the-art, cloud-based digital lending platform that is driven by … Continue reading Rubyx secures EUR400,000 loan to boost algorithmic lending for African startups and SMEs