Numida
YC W22Kampala, UG · Founded 2016 · 115 employees · 4 known investors
Numida provides digital financial services including credit, savings, insurance, and payments to micro and small businesses in Africa. The company uses data-driven insights to build financial products tailored for growth.
Founders & leadership· Y Combinator alumni (W22)
Numida was founded in 2016 by Mina Shahid and Catherine Denis.
MS
Mina Shahidin𝕏Co-Founder, CEOHe previously co-founded a lending company in Ghana and has worked across multiple African countries including Uganda, Ghana, and Zambia, as well as Colombia.
CD
Catherine DenisinCo-Founder & COO2015–2024She has worked across Uganda, Rwanda, Burkina Faso, Mali, Haiti, and Colombia building teams and organizational processes, and holds an MPA in International Development from the Harvard Kennedy School and an undergraduate degree in Systems Design Engineering from the University of Waterloo.
Investors · 4
Funding
SEC filings, press & company announcements- Undisclosed amountpre-Series AOct 2022
Serena Ventures (lead), 4Di Capital, Breega, Launch Africa, Lendable, MFS Africa, Soma Capital, Y Combinator
Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
In the news
Frequently asked questions
- What does Numida do?
- Numida provides digital financial services including credit, savings, insurance, and payments to micro and small businesses in Africa. The company uses data-driven insights to build financial products tailored for growth.
- Who founded Numida?
- Numida was founded by Mina Shahid, Catherine Denis in 2016.
- Who are Numida's investors?
- Numida's investors include 4Di Capital, E4E Africa, Serena Ventures, Y Combinator.
- Where is Numida headquartered?
- Numida is headquartered in Kampala, UG.