(Ecofin Agency) – After its expansion in the Middle East in November 2021, the health specialist Helium Health is obtaining additional capital from a consortium of investors to, among other things, support the expansion of its financial services branch HeliumCredit .
Present in six countries in West and East Africa, e-health specialist Helium Health recently raised $30 million in Series B funding. will be used to develop HeliumCredit, the financial services arm of Helium Health.
This structure was created in 2020 with the aim of providing loans to hospitals, clinics and pharmacies for the purchase of medical equipment and medicines. Nigerian healthtech Helium Health also plans to expand HeliumCredit’s loan portfolio to 1,000 new health facilities by 2024.
« We are committed to supporting private healthcare providers and public health actors with funding, technology and data said Adegoke Olubusi, CEO and co-founder of Helium Health.
This fundraising comes 19 months after the expansion of Helium Health outside the African continent, more precisely in the Middle East. The health start-up then bought the Meddy.com platform to enter the Emirati and Qatari markets.
With this additional mobilization of $30 million, the total funds raised to date by Helium Health reach approximately $42 million. Healthtech plans to launch its fintech arm HeliumCredit in Kenya later this year.
It should be noted that the e-health start-up claims to have granted more than $3.5 million in loans to approximately 200 health establishments via HeliumCredit on this date.
Chamberlain Moko
Read also:
11/11/2021 – Nigerian start-up Helium Health is expanding into the Middle East
01/05/2020 – West Africa: Helium Health obtains $7 million from two foreign investors
2023-06-05 15:38:38
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