InfraCredit
OperatingInfraCredit is a Nigerian startup which guarantees the credit quality of debt instruments issued to finance infrastructure assets in Nigeria.
- Financial Services
- Lagos, Nigeria
- Funding Round
- Founded 2016
- infracredit.ng ↗
- Total raised
- $27M
- disclosed
- Last round
- $27M
- Funding Round
- Rounds
- 1
- since 2016
- Investors
- 1
- on record
- Employees
- 2-10
About InfraCredit
InfraCredit ("Infrastructure Credit Guarantee Company Ltd") a 'AAA' rated credit enhancement facility established to provide guarantees to enhance the credit quality of local currency debt instruments (mainly in the form of bonds) issued to finance eligible infrastructure related assets in Nigeria with the specific objective of attracting the investment interest of a pool of capital for whom safety is paramount, such as the pension funds, insurance companies and sovereign wealth funds. InfraCredit is sponsored by Nigeria Sovereign Investment Authority (NSIA) in partnership with GuarantCo
InfraCredit funding1 round
InfraCredit has raised $27M across 1 disclosed round. The latest is a $27M Funding Round announced 11 Dec 2020.
Who has invested in InfraCredit
| Announced | Round | Lead · investors | Amount |
|---|---|---|---|
| 11 Dec 2020 | InfraCredit Funding Round | InfraCo Africa | $27M |
InfraCredit founders & team
- Chinua AzubikeChief Executive Officer
InfraCredit competitorssame sector · similar funding
- IndicinaLagos, Nigeria
- One CreditLagos, Nigeria
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Frequently asked about InfraCredit
- Where is InfraCredit based and when was it founded?
- InfraCredit is headquartered in Lagos, Nigeria and was founded in 2016.
- Who is the CEO of InfraCredit?
- Chinua Azubike is InfraCredit's Chief Executive Officer.
- How much funding has InfraCredit raised?
- InfraCredit has raised $27M across 1 disclosed round. Its latest, a $27M Funding Round, was announced on Dec 11, 2020.
- Who has invested in InfraCredit?
- Backers include InfraCo Africa.
- What sector is InfraCredit in?
- InfraCredit operates in Financial Services, Lending and Credit.
