Helium Health, a Nigerian health tech startup, has raised $30 million in Series B funding. The company provides software-as-a-service tools, financing, and insights for healthcare providers and public health organizations. The funding will be used to drive growth in Helium Health's telemedicine capabilities, revenue cycle management service, and its fintech offering, HeliumCredit. HeliumCredit aims to address the healthcare financing deficit in Africa by providing digital financing solutions to healthcare facilities. The startup uses data obtained from its software to assess creditworthiness and has seen significant growth in its lending portfolio. Helium Health also plans to deepen collaborations within the public health and global health communities and integrate health information systems. The funding round was led by AXA IM Alts, with participation from new and existing investors, including Anne Wojcicki (CEO of 23andMe) and Tencent.
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