Last deal

Amount

Grant

Stage

26.10.2018

Date

9

all rounds

$138.5M

Total amount

General

About Company
Baobab is a leading digital finance group that focuses on financial inclusion in Africa and China.

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founded date

01.01.2005

Number of employees

Company Type

For Profit

Last funding type

Grant

IPO status

Private

Description

Founded in 2005 by Arnaud Ventura, Baobab employs over 3,800 people and has a presence in multiple African countries, as well as China. They have originated more than EUR3Bn in loans, supporting individuals and micro, small & medium-sized enterprises. Baobab offers accessible and tailored financial products and services to underserved customer segments, including MSMEs. Their range of offerings includes micro-loans, savings solutions, daily banking services, and innovative products like mobile payments and pay-go solar solutions. With a mission to broaden access to finance, Baobab is committed to making financial services more accessible, inclusive, and transparent. Joining Baobab means being part of an international company that drives impactful change in people's lives worldwide.
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