BFree
PrivateLast Round
Seed Round
Apr 21, 2026
Total Funding Raised
$8.45M
Momentum Score
25 /100
Company Overview
BFree is a Nigerian fintech company founded in 2020 that operates as an ethical, tech-driven credit management platform for emerging markets, primarily in Africa. The company provides solutions for financial institutions to manage and recover non-performing loans using a customer-centric approach that leverages artificial intelligence, machine learning, and automation. BFree's services include a collections-as-a-service (SaaS) platform, a self-service portal for borrowers to manage repayment, and the acquisition of distressed loan portfolios to create a secondary market for this asset class. The company aims to replace aggressive and unethical debt collection practices with a system that helps borrowers get back on their feet and repair their credit history, thereby promoting financial stability and inclusion. BFree operates in Nigeria, Kenya, and Ghana, serving major banks and fintech lenders.
Sector
FinTech
Verticals
Lending & Credit, Workflow Automation, Compliance & Risk
Business Model
B2B
Customer Profile
Revenue Share, Subscription SaaS, Services & Consulting
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
BFree Comps
Public and private peers based on sector, stage, and business model.
BFree Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Seed Round | Apr 21, 2026 | ||||
| Debt | Jul 10, 2025 | ||||
| Series A | Feb 28, 2024 | ||||
| Early Funding | Jan 10, 2022 | ||||
| Seed | May 17, 2021 |
Key People
Founding team and executive leadership
BFree Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Launch Africa Ventures | Seed |
| Octerra Capital | Early Funding |
| Verdant Capital Hybrid Fund | Debt |
| Modus Africa | Series A |
| Beta.Ventures | Seed |
| 4Di Capital | Early Funding |
| Capria Ventures | Series A |
Market signals
Structured signals derived from secondary market and firmographic data.
- Apr 21, 2026
Raised $3.15M in a seed funding round.
BFree Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about BFree's valuation, stock price, and market status.