Dynolabs Asset Management Ltd
Status: Approved investmentWhy disclosure?
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Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
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.
- Region
- Africa
- Country
- Africa
- Sector
- Financial Institutions
- Publication date
- 2/6/2023
- Effective date
- 12/15/2022
- Total FMO financing
- EUR 0.03 MLN
- Funding
- MASSIF