{"id":1630,"date":"2022-02-28T01:00:27","date_gmt":"2022-02-28T01:00:27","guid":{"rendered":"https:\/\/appsaf.apieproject.com\/news\/?p=1630"},"modified":"2022-02-28T01:00:29","modified_gmt":"2022-02-28T01:00:29","slug":"softbank-invests-in-african-lending-analytics-startup-credrails","status":"publish","type":"post","link":"https:\/\/appsaf.apieproject.com\/news\/2022\/02\/28\/softbank-invests-in-african-lending-analytics-startup-credrails\/","title":{"rendered":"SoftBank Invests in African Lending Analytics Startup Credrails"},"content":{"rendered":"

Co-founder Clara Wanjiku Odero said the company was working with several customers in Kenya and Nigeria. Credrails offers services like lending analytics and reconciliation, and it plans to offer its services to more people, rather than staying in what Odero termed \u201cstealth mode.\u201d<\/p>\n

\u201cWe are building the open banking infrastructure for Africa, we want to connect banks, mobile money, offline data into a single application programming interface that we then expose to businesses for other use cases,\u201d she said in an interview this month, per Bloomberg. \u201cWe\u2019ve been building it up quietly with a core set of customers to make sure that everything works.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Credrails, a startup working on aggregating financial data in Africa, is set to close its $2.5 million funding round this month with backing from SoftBank, Bloomberg reported Monday (Feb. 21).<\/p>\n","protected":false},"author":12963,"featured_media":1627,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,21],"tags":[7,26,22],"class_list":{"0":"post-1630","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news","8":"category-technology","9":"tag-apie-project","10":"tag-news","11":"tag-technology"},"yoast_head":"\nSoftBank Invests in African Lending Analytics Startup Credrails - APIE NEWS<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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