South African neobank Fin has acquired Thuthukani, a fintech start-up that offers incremental housing finance, and renamed the offering Fin Home Loans. The acquisition is part of Fin's expansion efforts to give middle to lower-income Fin customers access to affordable finance. Fin raised $22m across two funding rounds in 2022 to build Africa's first credit-led neobank and is currently present in South Africa, Tanzania and Kenya. The neobank is focused on integrating a wide range of products into its neobanking platform to become the trusted provider for customers throughout the continent.

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