Mathesi Analyt Secures Investment for African Expansion

Mathesi Analyt, a Nigerian financial technology company specializing in artificial intelligence for credit decision infrastructure, announced an investment from First Allied Capital on Thursday. This capital injection will directly support Mathesi's core mission to provide intelligent infrastructure necessary to bridge the credit gap for millions of unscored individuals across Nigeria.

Founder and Chief Executive Officer Winston Osuchukwu stated that true financial inclusion cannot be achieved in isolation and requires collaboration with lenders and fintech companies. First Allied Capital's Managing Director and Chief Executive Officer, Ebenez Olufowos, emphasized their commitment to delivering innovative financial solutions.

Mathesi's technology aims to empower lenders to assess creditworthiness beyond traditional constraints, leveraging alternative behavioral transaction data. The partnership will enhance Mathesi's proprietary credit decision infrastructure, which has already supported eight million loans to two million unique borrowers in Nigeria, as they work to expand their pan-African footprint.