Recent Investments Tugende has secured significant investments, including a $3.6M pre-Series B equity funding and a $17M debt capital round, signaling strong financial backing and growth potential.
Industry Recognition The company was honored with the Financial Inclusion award at the prestigious African Banker Awards ceremony, showcasing industry recognition and credibility.
Tech Integration Utilizing a tech stack encompassing SAS, WordPress, Linux, and more, Tugende emphasizes technology to enhance its asset financing and digital services, offering a tech-savvy solution to prospects.
Partnership with Startup Weekly Collaboration with Startup Weekly presents an opportunity to leverage media exposure and enhance brand visibility, potentially attracting new clients and fostering trust in the market.
Market Expansion With operations in Uganda and Kenya and a focus on driving financial inclusion pan-Africa, Tugende's expansion strategy aligns with regions where businesses can benefit from its asset financing solutions.
Tugende uses 8 technology products and services including SAS, WordPress, Open Graph, and more. Explore Tugende's tech stack below.
| Tugende Email Formats | Percentage |
| First.Last@gotugende.com | 79% |
| First@gotugende.com | 14% |
| Last.First@gotugende.com | 3% |
| First.Middle@gotugende.com | 4% |
Financial ServicesKampala, Uganda501-1000 Employees
Tugende is tackling the credit gap for small businesses in Africa by enabling informal entrepreneurs to: 1) own income‑generating assets, 2) build a verifiable digital credit profile, and 3) earn future growth opportunities through the Tugende digital platform. From financing to value-added services to new opportunities, we are building a long-term ecosystem for MSMEs to grow and thrive with us as their partner.
Company Overview
Media & News
Funding & FinancialsTugende has raised a total of $745K of funding over 12 rounds. Their latest funding round was raised on Jul 01, 2022 in the amount of $745K.
Funding & FinancialsTugende has raised a total of $745K of funding over 12 rounds. Their latest funding round was raised on Jul 01, 2022 in the amount of $745K.
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