Re: Renew Venture Lab: EmFi Series - Application

[Ato Ulzen-Appiah]

• Hello everyone,
  Trust you are well.
  This might fit you, a company you are part of or another.
  
  
  Renew Capital has opened applications for the Renew Venture Lab: EmFi Series — a competitive program for African tech founders whose customers are small businesses, and who are ready to build a financial layer on top of their platform.
  
  Here's the opportunity in one line: Africa has a $330B untapped credit gap, and the founders best positioned to close it aren't bankers — they're tech companies already sitting on SME transaction data.
  
  The EmFi Series gives those founders the tools, expert sessions,and structure to start building embedded finance products. Renew Capital's investment team is engaged throughout, and the top companies are selected for potential investment.
  
  They're looking for founders who:
  •⁠  ⁠Build software or platforms for small businesses in Africa
  •⁠  ⁠Have accumulated meaningful transaction or behavioral data on their customers
  •⁠  ⁠Are ready to explore credit, lending or embedded finance as a next layer
  
  Applications are open now at venturelab.renewcapital.com 
  Deadline: The final application deadline is May 15, 2026.
  Process: The journey involves an initial application submission, followed by screening and selection. Successful applicants join the lab to complete modules and meet specific milestones
  
  Previous investee:  Affinity (Ghana): A fintech company focused on providing affordable banking and credit services to the underserved; it was Renew Capital’s debut investment in Ghana following the launch of the second Venture Lab fund.
    
  Regards,
  Ato