South Africa's Trade Shield, a fintech startup specializing in credit risk management solutions, has raised ZAR15 million (US$820,000) from FNB’s Vumela Enterprise Development Fund. The funding will support its growth in South Africa and globally, enhancing its subscription-based platform that helps businesses manage trade credit risk through AI-driven analytics. Trade Shield aims to drive financial inclusion for small businesses by providing access to trade finance, showcasing its potential to scale as a SaaS-based business.
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