Blackcopper
Financial services, credit infrastructure, and digital banking for emerging African markets
What it does
Blackcopper was founded in 2020 by Oluwatosin Olaseinde to provide accessible micro-loans, credit scoring, and financial management tools for African micro-enterprises. The platform utilizes algorithmic transactional tracking to approve instant business working capital for informal sellers. It is recognized for supporting micro-business growth via simple mobile-first tools.
SME / business lendingConsumer / retail lendingDigital / challenger banks (neobanks)
Known for
- Micro-enterprise working capital loans
- Mobile credit scoring for small merchants
- SME financial tracking applications
- Uncollateralized business credit access
Model & industry
SaaSEmbedded FinanceAll / Cross-industry
Funding history
$240K
Total raised
2
Rounds
Accelerator
Latest stage
2022
Latest year
| Date | Stage | Amount | Lead investor |
|---|---|---|---|
| 2022-06 | Accelerator | $120K | Techstars Toronto |
| 2021-10 | Accelerator | $120K | Techstars |
Source: Condia Funding Tracker
Products & subsidiaries
Blackcopper Banking App · Consumer Neobank App