1 entry

Kuunda Completes $5 Million Secondary Share Sale Led by E4E Africa
South African lending-as-a-service startup Kuunda has completed a $5 million secondary share sale led by E4E Africa, returning capital to early investors while deepening E4E Africa's stake in the business. The transaction is being cited as a rare early-stage liquidity event demonstrating that secondary exit pathways exist in the African startup ecosystem.
3 sources
- Kuunda completes $5 million secondary share sale as digital lending business scales · thecondia.com · T2
- Kuunda completes $5 million secondary share sale as some early investors sell their stakes · technext24.com · T2
- SA’s Kuunda completes $5m secondary share sale led by E4E Africa · disruptafrica.com · T1