Baobab
Financials
Estimates*
EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | 14.2m | 11.8m | 16.1m | 13.2m | 13.2m | 13.2m | 13.2m |
% growth | 69 % | (17 %) | 36 % | (18 %) | - | - | - |
EBITDA | 1.4m | (2.2m) | (<1m) | (2.9m) | - | - | - |
% EBITDA margin | 10 % | (19 %) | (4 %) | (22 %) | - | - | - |
Profit | 2.0m | (3.1m) | (7.2m) | (<1m) | - | - | - |
% profit margin | 14 % | (26 %) | (45 %) | (3 %) | - | - | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
€13.5m | Growth Equity VC | ||
€7.7m | Early VC | ||
€6.6m | Early VC | ||
€3.6m | Growth Equity VC | ||
€7.3m | Late VC | ||
N/A | €8.4m | Growth Equity VC | |
€31.5m | Late VC | ||
€34.6m | Late VC | ||
Total Funding | €113m |
Recent News about Baobab
EditBaobab is a leading digital financial inclusion group focused on providing simple and easy-to-use financial services. The company aims to unleash the potential of its clients, which include individuals and small businesses in emerging markets. Operating in countries such as Burkina Faso, Congo Kinshasa, Madagascar, Mali, Nigeria, Senegal, Tunisia, Zimbabwe, China, and France, Baobab serves a diverse clientele with a range of financial products designed to meet their unique needs.
Baobab's business model revolves around leveraging digital technology to offer financial services that are accessible and user-friendly. The company generates revenue through interest on loans, transaction fees, and other financial services. By focusing on digital transformation, Baobab aims to make financial services more inclusive and accessible, particularly in regions where traditional banking services are limited.
The company operates in the financial technology (fintech) sector, targeting markets with high potential for growth and financial inclusion. Baobab's mission is to empower its clients by providing them with the financial tools they need to succeed, thereby contributing to economic development in the regions it serves.
Keywords: digital financial inclusion, fintech, emerging markets, financial services, small businesses, loans, transaction fees, economic development, user-friendly, accessible.