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BFree

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A loan collector for microlending, microfinance, and banking institutions

Lagos, NigeriaFounded 2020Fintech
Valuation $10–25M Last recorded · 2026
Headcount 100–500 Current team size
Total funding $0–10M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for BFree and the history behind them.

About BFree

BFREE.io is a forward-thinking startup specializing in credit management solutions. The company operates in the financial services market, focusing on helping lenders reduce non-performing loans (NPLs) and enhance their lending operations. BFREE serves a diverse range of clients, including digital lenders, microfinance banks, and traditional banks. These clients often deal with non-collateralized consumer loans, which are loans not backed by physical assets.

BFREE's business model revolves around providing a suite of innovative tools and services designed to streamline the collections process. Their offerings include a self-service platform, AI-automated collections, and a comprehensive loan collections management software called Workflow. These tools are tailored to meet the specific needs of each client, ensuring a customer-driven approach to credit management.

The company generates revenue by offering these specialized services to its clients, who pay for access to the platform and the various tools and services provided. Additionally, BFREE partners with third-party capital providers to facilitate the purchase of distressed assets, further enhancing their revenue streams.

One of the standout features of BFREE is its commitment to ethical practices in credit recovery. The company adheres to rigorous ethical standards throughout its collection process, ensuring that customers are treated with respect and empathy. This ethical approach not only helps in recovering debts but also fosters better relationships between lenders and borrowers, leading to improved outcomes for all parties involved.

In summary, BFREE.io is revolutionizing the credit management industry with its innovative, ethical, and customer-centric solutions. By leveraging advanced technology and maintaining high ethical standards, BFREE helps lenders maximize their profits and reduce the burden of non-performing loans.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2020
Headquarters
Lagos, Nigeria
Employees
287
Open positions
None listed
Dealroom signal
85.7/100
Industry
Fintech
Sub-industry
Mortgages & Lending
Sector
Fintech, Debt Collection, Hard Tech, DT and LS
Technology
Artificial Intelligence, Deep Tech, Machine Learning
Business model
SaaS
Client focus
b2b

Funding history

7 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VC✓Equity / VC May 2026 $0 — VestedWorld · 4Di Capital · Capria Ventures · Angaza Capital ↗
EARLY VC✓Equity / VC Apr 2026 $3.1M $12M Undisclosed ↗
Showing the latest 2 of 7 recorded eventsBook a demo for the full funding history →

Growth signals

BFree website traffic

Latest recorded traffic for BFree is 3.1K monthly website visits, down 16.2% over the last three months. BFree's team grew 13.4% over the past year.

Latest monthly visits3.1K 3-month web change-16.2% 1-year team growth+13.4%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

18 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed3 investors entered at this stage

  • Beta.Ventures
  • Launch Africa Ventures
  • GreenHouse Capital

Series A13 investors entered at this stage

  • First City Monument Bank
  • Logos Capital
  • Octerra Capital
  • Nigeria Infrastructure Debt Fund
  • VestedWorld
  • 4Di Capital
  • Voltron Capital
  • AXIAN
  • Modus Capital
  • Capria Ventures
  • Angaza Capital
  • AfricInvest
  • Algebra Ventures

Series B and later1 investor entered at this stage

  • TLG Capital

Other known investors1 additional known investor

  • Verdant Capital
Team profiled 10 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
6 countries with
team presence
🇳🇬 Nigeria90.4%
🇰🇪 Kenya4%
🇺🇸 United States2.4%
🇬🇧 United Kingdom1.6%
🇦🇪 United Arab Emirates0.8%
Top 5 of 6 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about BFree on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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