IFG is delighted to announce its latest partner member, E-nnovative Capital, Kenya
IFG is delighted to welcome E-nnovative Capital based in Nairobi, Kenya as its latest partner member. E-nnovative Capital will be the third member of IFG based in Nairobi after Mareco, and Umati Capital.
Being a part of Centerprise Group Kenya, E-nnovative Capital was created and started operations in March 2015 with the purpose of providing working capital solutions to enterprises across Eastern Africa through factoring and receivables financing. Their process is technology based, and enables fund providers, suppliers, buyers to connect and transact through a platform named OpenSCI. The company has partnered with PrimeRevenue to support this initiative.
Kefa Nyakundi, director of E-nnovative Capital, said: “Our key motivation for joining IFG is to become part of a global network of factors for sharing opportunities as well as effective risk management. Being young in the industry, we also want to benefit from education and training from IFG.”
We wish E-nnovative Capital every success in building its business and networks through IFG.