According to Techcruch, Kenyan fintech company Pezesha completed $11 million in financing, led by Women's World Banking Capital Partners II, with participation from Verdant Frontiers Fintech Fund, cFund, and Cardano development company IOG. The $11 million round also included funding from Talanton and Verdant Capital Specialist Funds in a $5 million debt financing. Pezesha has built a scalable digital lending infrastructure that allows traditional and non-traditional financial institutions to provide lending services to SMEs. Pezesha said it plans to create $100 million in financing opportunities for businesses annually by leveraging local and international banking institutions, high-net-worth individuals, and DeFi.