• Fintech raises $7.5 million to scale operations across the continent
• Offers instant liquidity and growth financing via Hapa Cash and Kazi Cash
• Uses behavioral and transactional data for real-time credit scoring

Kuunda, a South African fintech founded in 2018 by Andrew Milne, provides digital lending solutions for individuals and small businesses through its platforms Hapa Cash and Kazi Cash. Earlier in October, the company announced a $7.5 million funding round to support its expansion across Africa.

Hapa Cash offers instant transactional liquidity to meet the short-term financial needs of agents and consumers, including airtime purchases, mobile money transfers, and e-float top-ups. Kazi Cash focuses on growth financing for micro-merchants, providing term loans, inventory funding, cash advances, and fuel credit.

“We are unlocking access to finance for Africa’s productive class: the agents, merchants, and small businesses that are the backbone of these economies, whilst helping consumers build up resilience by accessing credit when they need it the most,” said CEO Andrew Milne.

Operating under a B2B2C model, Kuunda partners with established mobile money operators, banks, and fintechs in emerging markets. Its proprietary algorithms use behavioral and transactional data for dynamic, real-time credit scoring.

By embedding finance into partner platforms, Kuunda enables clients to access instant liquidity and tailored funding, helping mobile money agents and small merchants unlock value chains in the informal economy, improve transaction efficiency, and advance financial inclusion.