Learn How Unconventional Capital is Connecting Early-stage African Startups to Seed Capital with Franziska Reh S2 Ep.18
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Franziska Reh is the CEO & Co-Founder of Uncap, a German fintech focusing on early-stage investing in sub-Saharan Africa. In 2019, Franziska Co-Founded Uncap, to revolutionize access to funding for early-stage entrepreneurs in sub-Saharan Africa. Uncap raised an undisclosed 7-figure funding round to test its data-driven, automated, and remote investment platform and so far invested in 27 entrepreneurs in 8 different countries. Over the next 10 years, UnCap wants to invest 1 billion in 50,000 entrepreneurs. Key interview highlights: The virality of the initial proposal leading to over 200 applicants signing up from a viral WhatsApp message was an indicator of a funding problem that needed the UnCap solution. Lowering investment costs to ensure that more deals can be made to fill the financing need for African entrepreneurs. You need ideas that others think are crazy to be game-changers. More bias-free funding is needed to fully unlock and unleash the potential of African entrepreneurs.
Guest Contact: Franziska Reh on LinkedIn. Thanks for joining us for another episode of the WTF podcast. We would love your feedback on the show and how we could improve so email us with your feedback.
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