BFREE
What it does
BFREE is a Lagos-based fintech startup specializing in AI-powered debt recovery and credit management for digital lenders in Africa. Founded in 2020, it automates ethical debt collection processes using predictive analytics. The company acquires delinquent loan portfolios and manages recovery on behalf of lenders.
Debt collection / recovery tech
Known for
- AI-powered debt recovery
- Distressed loan portfolio acquisition
- Digital lending credit management
Model & industry
SaaSAPI-as-a-ProductBanking & Financial Services
Funding history
$4.7M
Total raised
3
Rounds
Undisclosed
Latest stage
2026
Latest year
| Date | Stage | Amount | Lead investor |
|---|---|---|---|
| 2026-04 | Undisclosed | — | Undisclosed |
| 2024-02 | Undisclosed | $3.0M | Capria Ventures |
| 2022-01 | Pre-Series A | $1.7M | Octerra Capital |
Source: Condia Funding Tracker
Products & subsidiaries
BFREE Platform · SaaS