/Companies

BFree

Washington, D.C., US · Founded 2020 · 10 known investors

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BFREE invests in Africa's distressed credit by partnering with financial institutions to unlock trapped capital and helping borrowers rebuild financial stability through distressed consumer loan portfolio management.

Founders & leadership

BFree was founded in 2020 by Moses Nmor, Chukwudiebele Enyi, and Julian Flosbach.

MNMoses Nmor
Moses NmorCo-FounderMoses Nmor is Co-Founder and VP of Product at BFREE Africa, developing product channels in financial services and technology. He previously held leadership positions in fintech sales at Nomba (Head of Agent Banking), FairMoney (Head of Direct Sales), and OPay (Senior Sales and Business Development Manager).
CE
Chukwudiebele EnyiCo-founder
JFJulian Flosbach
Julian FlosbachCEO/ Co-Founder

Board

IE
Ikechukwu EzeBoard director
MD
Mobola Da SilvaBoard director

Investors · 10

Reported raises · per SEC filings

Form D private placements

$5.4M disclosed across 3 rounds · 2021–2026

▶$3.2MraisedApr 2026 · 6 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Julian Peter FlosbachExecutive Officer, Director
  • Chukwudiebele EnyiDirector
  • Omar KhashabaDirector
  • Moses NmorExecutive Officer
  • Ikechukwu EzeDirector
  • Adaeze Usoh-OjeahExecutive Officer
Offering amount
$3.2M
Amount sold
$3.2M
Minimum investment
$17.4K
First sale
Apr 2026
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$250KraisedDec 2025 · 1 investors · Other Technology
Officers, directors & promoters on the filing
  • Moses NmorExecutive Officer
  • Ikechukwu EzeDirector
  • Julian Peter FlosbachExecutive Officer, Director
  • Chukwudiebele EnyiDirector
  • Mobola Da SilvaDirector
Offering amount
$450K
Amount sold
$250K
Minimum investment
$200K
Proceeds to insiders
$37.5K
First sale
Nov 2025
Incorporated
Corporation, Delaware
Federal exemptions
04
Full filing on SEC EDGAR ↗
▶$2MraisedFeb 2024 · 6 investors · Other Technology
Officers, directors & promoters on the filing
  • Moses NmorExecutive Officer
  • Julian FlosbachExecutive Officer
Offering amount
$2M
Amount sold
$2M
Minimum investment
$25.5K
First sale
Oct 2021
Incorporated
Corporation, Delaware, 2020
Federal exemptions
04
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Frequently asked questions

What does BFree do?
BFREE invests in Africa's distressed credit by partnering with financial institutions to unlock trapped capital and helping borrowers rebuild financial stability through distressed consumer loan portfolio management.
Who founded BFree?
BFree was founded by Moses Nmor, Chukwudiebele Enyi, Julian Flosbach in 2020.
Who are BFree's investors?
BFree's investors include 4Di Capital, AfricInvest, Angaza Capital, Beta.Ventures, Capria Ventures, DotExe Ventures, Modus Capital, Octerra Capital and 2 more.
How much funding has BFree raised?
BFree has disclosed $5.4M raised across 3 rounds.
Where is BFree headquartered?
BFree is headquartered in Washington, D.C., US.