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Comment on SA’s FinTech Startup Lulalend Raises R93M by Tara Smith
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Comments for TechFinancials
“The biggest thing is strengthening our balance sheet so we can access traditional debt funding to grow our loan book,” Lulalend’s CEO Trevor Gosling told TechCrunch on a call. The company added on its Twitter page that: “We can’t wait to put this investment to work supporting SA SMEs & helping close the significant funding gap that exists”. The new funding will help Lulalend scale in response to South Africa’s significant funding gap for SMEs.