Migo (Mines)
Lagos, Nigeria

Total Funding Amount
US $37,138,000

Categories:
FinTech,
Founded:
2014
Founders:
Ekechi Nwokah
Countries:
Brazil, Nigeria
Funding Status:
Early-Stage
Employees:
1-50

Description

Migo (formerly Mines) is a fintech startup redefining credit in emerging markets. Imagine a world where every time you go to the doctor you pay cash up front before you are treated, where every time you rent an apartment you pay 2 years cash upfront, or where your monthly paycheck is frequently delayed for months at a time.


Recent Funding for Migo (Mines)


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Investor
Amount / Round
Date / Source
Investor/Location
Rise Fund | Valor Capital Group | Velocity Capital Private Equity Global | New York, USA | Amsterdam, Netherlands
Amount/Round
US $20,000,000 Equity
Date/Source
13 Dec 2019 Source 
Investor/Location
Rise Fund | Velocity Capital Private Equity | First Ally Capital | Singularity Investments | Western Technology Investment | XSeed Capital | NYCA Partners | Trans Sahara Investment Corp (TSIC) Global | Amsterdam, Netherlands | Lagos, Nigeria | Lagos, Nigeria | California, US | Cape Town, South Africa | New York, USA | Lagos, Nigeria
Amount/Round
US $13,000,000 Equity
Date/Source
11 Jan 2018 Source 
Investor/Location
Western Technology Investment California, US
Amount/Round
US $1,000,000 Debt
Date/Source
11 Jan 2017 Source 
Investor/Location
First Ally Capital | FinTech Collective | XSeed Capital | NYCA Partners | GreenHouse Capital Lagos, Nigeria | New York, USA | Cape Town, South Africa | New York, USA | Lagos, Nigeria
Amount/Round
US $2,200,000 Equity
Date/Source
11 Jan 2016 Source 
Investor/Location
XSeed Capital Cape Town, South Africa
Amount/Round
US $938,000 Equity
Date/Source
11 Jan 2014 Source