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There have been lots of questions as to what Fundall is, how it works and what it hopes to achieve by helping young Africans grow wealth and build their businesses. This article hopes to give you insightful knowledge about what Fundall has to offer

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There have been lots of questions as to what Fundall is, how it works and what it hopes to achieve by helping young Africans grow wealth and build their businesses. This article hopes to give you insightful knowledge about what Fundall has to offer you as a small business owner, entrepreneur, side hustle or if you want to start a new hustle.

Fundall is a financial technology (FinTech) firm that is focused on providing young Africans everywhere with an ecosystem necessary for building wealth, growing businesses and living sustainable lifestyles.

SMEs in Africa constitutes about 90 percent of all businesses in Sub-Saharan Africa, creating more than 80 percent of employment in the region.

Also, SMEs in Africa contribute more than 60 percent of the total Gross Domestic Product. However, despite the impact SMEs have on economies, they are still faced with a couple of challenges that hamper their growth.

Fundall understands the challenges faced by SMEs in Africa and seeks to partner to help solve these challenges through technology.

Most of the problems faced by SMEs stem from the financial aspect ranging from capital to start off a business to money for adverts and many more.

By leveraging on technology, Fundall is ensuring the growth of businesses through automated savings for business funds and expansion funds, affordable loans to start off a business, and an open marketplace to sell your products on your own terms.

The platform also allows for retirement savings. Entrepreneurs cannot always work forever and as such, a plan to cover for retirement is made available.

With the understanding that making extra income isn’t just enough but how to plan and manage finances is also necessary. Budgeting is therefore very important. Sticking to the budgeting plans can also seem impossible if proper measures are not put in place. Hence, Fundall has a credit/debit lifestyle card that helps put people in check with their savings and spendings.

Fundall is the partner you need to grow that business! Sign up for early access at fundall.io.

 

Curled from https://medium.com/fundall/how-fundall-helps-entrepreneurs-and-side-hustles-start-and-scale-without-hassle-6ab4e67c0a63