Baobab Network’s backing reflects confidence in CreditChek’s ability to replicate the success of solutions like Nova Credit, which has tackled similar challenges for immigrants in the U.S.
The latest funding to Ilara Health is part of a larger portfolio of 22 transactions approved by DFC in the first quarter of FY2025, amounting to nearly $3 billion.
The payments platform attracts Standard Chartered and Sony as it pushes into Latin America and Asia-Pacific, even as regulatory friction persists in some of its core markets.
