Cascador and Sterling launch $200 million fund to derisk startup loans

T2Covered by 1 source · first reported by Africa: TechCabal / Techpoint Africa / TechCentral / WeeTracker / Ventureburn at 14 Oct, 11:41 UTC

Cascador and Sterling Bank have set up a $200 million fund to help Nigerian startups get bank loans by sharing the risk of borrowers defaulting.

Sources

• T2Cascador and Sterling launch $200 million fund to derisk startup loansAfrica: TechCabal / Techpoint Africa / TechCentral / WeeTracker / Ventureburn14 Oct, 11:41