Lagos-based fintech, B54, is reshaping the startup funding landscape in West Africa by revolutionizing the way capital is sourced. Instead of traditional venture capital rounds, B54 acts as a digital private bank, aggregating idle cash from financial institutions and affluent individuals to create credit lines for growth-stage businesses. This innovative approach comes at a crucial time when large funding rounds are slowing down. B54's short-term credit solutions cater to SMEs in need of working capital, offering a compelling alternative to traditional venture debt. The fintech's strategy not only attracts investors seeking higher short-term returns but also addresses the significant funding gap in the African market, empowering a diverse range of businesses.

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