Signals

Reviewed changes across Zambia's tech ecosystem

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Funding signal•May 18, 2025 at 09:21 SAST

Tendo raises $3.2M pre-seed to expand fintech platform

Tendo•Funding•Pre-seed•Lusaka, Zambia

Confidence

78
/100

High confidence

Tendo, a Lusaka-based fintech, raised $3.2M in pre-seed funding led by Norrsken22. The round will support expansion of its payment infrastructure and team, with a focus on SME collections and reconciliation.

Evidence trail
ZB

Zambian Business Times

May 18, 2025 • Article

Used
T

Tendo Blog

May 18, 2025 • Post

Used
N

Norrsken22 Portfolio Update

May 18, 2025 • Post

Used
DA

Disrupt Africa

May 18, 2025 • Article

Supporting
TC

TechCabal

May 18, 2025 • Article

Supporting
Extracted claims

Tendo raised $3.2M in a pre-seed funding round.

Reviewed

High

Norrsken22 led the round.

Reviewed

High

The funding will be used to expand payment infrastructure and team.

Reviewed

Medium

Focus areas include SME collections and reconciliation.

Reviewed

Medium

5 of 7 sources used

Related companies
N

Norrsken22

Investor

T

Tendo

Company

M

Mukuni Pay

Competitor

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