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Migo

Operating

The Simplest Way to Get a Loan in Nigeria

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Total raised
$20M
disclosed
Last round
$20M
Series B
Rounds
1
since 2013
Investors
2
listed

About Migo

Migo is a Nigerian lending platform, formerly known as Mines, founded in 2013. It assesses borrowers with AI-driven credit scoring and disburses loans directly to bank accounts, and it offers a white-label credit engine to banks, telecoms operators and merchants. Its website reports nine years of lending in Nigeria and over two million borrowers.

Migo funding1 round

Migo has raised $20M across 1 disclosed round. The latest is a $20M Series B announced 03 Dec 2019, led by Valor Capital Group.

RoundAmount
Migo Series B03 Dec 2019
Led by Valor Capital Group +1
$20M

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Frequently asked about Migo

Where is Migo based and when was it founded?
Migo is headquartered in Nigeria and was founded in 2013.
How much funding has Migo raised?
Migo has raised $20M across 1 funding round. Its latest, a $20M Series B, was announced on 03 Dec 2019.
Who has invested in Migo?
Backers include Valor Capital Group and The Rise Fund.
What sector is Migo in?
Migo operates in FinTech.