Dynolabs Asset Management LtdStatus: Approved investment
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Who is our customer
Lendable MSME Fintech Credit Fund is a fund administered by Lendable Inc, an impact focussed asset manager, providing debt capital to Fintechs in emerging and frontier markets. The grant is received and managed by Dynolabs Asset Management Ltd as Advisor to the Fund Manager.
What is our funding objective?
Through this project, FMO would support Lendable to strengthen its Fraud Risk Framework in order to detect and respond to fraud, with an emphasis on prevention, as well as support them to mitigate fraud risks.
Why do we fund this investment?
Lendable is targeting Fintech companies in Africa and Asia, a niche not served by traditional impact fund managers. Strengthening its operations will increase its security awareness and that of its investees.
- Financial Institutions
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- Total FMO financing
- EUR 0.03 MLN