Vumela 4.0 - Venture Debt
FNB Vumela Fund
Loan
Venture debt for tech-driven high growth scale-ups raising Series A or B funding
Key Information
Funding Amount
3-5 year loan term with 0%-15% interest
Provinces
All Provinces
Categories
Technology
Venture Capital
Scale-up
Last Updated
N/A
Funded Industries
Technology
Venture Capital
Eligibility Criteria
- Majority black-owned businesses
- Revenue +R15m p.a. and less than R50m p.a.
- Tech-driven high growth potential scale-ups
- Currently raising Series A or B round
- Venture capital-backed companies
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