Wednesday, April 2, 2025
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HomeNews RoundupNIGERIAN-LED FINTECH, ESUSU, SECURES $130 MILLION FUNDING

NIGERIAN-LED FINTECH, ESUSU, SECURES $130 MILLION FUNDING

Esusu, a US-based unicorn fintech which targets immigrant and minority groups and provides rent reporting and data solutions for credit building, has raised $130 million in a Series B fundraising round.

The Series B fundraising round gives the four-year-old Esusu led by a Nigerian and his Indian partner a valuation of $1 billion, making it one of the very few black-owned unicorns in the U.S. and globally.

The funding round was led by Softbank Vision Fund 2 with the Jones Feliciano Family Office, Lauder Zinterhofer Family Office, Schusterman Foundation, SoftBank Opportunity Fund, Related Companies and Wilshire Lane Capital also participating.

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