February 17, 2021

Nigerian credit startup Migo, formerly known as Mines, has raised a US$20 million Series B funding round to finance its expansion to Brazil and continued growth in its home market. Go to article
Learn how omnichannel lending via USSD, POS, and digital platforms drives credit access for low-income customers in Nigeria. Discover how Migo enables inclusive, secure microlending.

Nigerian credit startup Migo, formerly known as Mines, has raised a US$20 million Series B funding round to finance its expansion to Brazil and continued growth in its home market

Helping emerging enterprises and individual borrowers access reliable credit is good business. When your model also helps banks guarantee recurring returns, chances are you’ll get business requests from various zip codes. That’s the two-sentence synopsis of Migo’s expansion from a money lending startup with an office in Lagos and registered in San Mateo, California, to international financial services firm about to take on South America.