# ComGrow: Financial services, Lusaka, Zambia

> ComGrow: ComGrow is a fintech platform based in Zambia that offers a mobile app designed to digitize village banking. Based in Lusaka, Zambia. Founded 2019.

Source: https://millionrounds.com/startup/comgrow (Millionrounds; every figure on the page links to its filing or article)

Zambia · [Financial services startup](https://millionrounds.com/companies)

# ComGrow

ComGrow is a fintech platform based in Zambia that offers a mobile app designed to digitize village banking.

Funding reported Last round: Pre-seed

Financial services Lusaka, Zambia

Company summary

- **Founded:** 2019 7 years old
- **Team:** 7 1 to 10 people
- **Funding reported:** 45k as listed, currency not stated
- **Last round:** Pre-seed Dec 2020

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for ComGrow has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About ComGrow

ComGrow is a fintech platform based in Zambia that offers a mobile app designed to digitize village banking.

This app allows groups of trusted individuals, such as friends or coworkers, to save, lend, borrow, and manage shared funds efficiently. By using ComGrow, users can streamline their community-driven financial activities without relying on cash boxes or traditional banking methods. The app features real-time transaction tracking, automated loan approvals, and secure payouts, making it easier for users to manage their finances. ComGrow operates under the supervision of the Bank of Zambia and collaborates with payment providers to ensure secure transactions. Additionally, the company maintains a blog called "Finance Africana," which provides valuable resources and insights on financial growth in Africa.

## What company datasets say ComGrow raised

Funding, as reported

Reported in all **45k** in the source's currency

Rounds **1**

Last round **Pre-seed**

Last round size **40k**

Last round date **Dec 2020**

## The company, in detail

What they build

Known for

interest calculation real-time tracking group finance reserve automated record keeping mobile banking group loan automation loan requests financial management app group control digital record-keeping information technology & services community empowerment financial services finance mobile fintech zambia

Built with from their website

Less Font Awesome YouTube Cloudflare DNS Google Workspace CloudFlare Viewport Meta Google Drive Google Play PostgreSQL

+8 more

Python Google Meet CloudFlare CDN Odoo CRM Google Font API HSTS Nginx Mobile Friendly

- **Sector:** Financial services
- **Industry code:** NAICS 52232, 513210, SIC 7389, 7372
- **Region:** Lusaka Province
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/comgrow)

## Financial services in Zambia

Startups like it

- [**Lupiya** Lusaka · founded 2016 *Raised*](https://millionrounds.com/company/lupiya)
- [**Union54 (YC S21)** Lusaka · founded 2020](https://millionrounds.com/startup/union54-yc-s21)
- [**Betternow Finance Company** Lusaka · founded 2012](https://millionrounds.com/startup/betternow-finance-company)
- [**ChitChat** Lusaka · founded 2015](https://millionrounds.com/startup/chitchat-3)
- [**Zazu** Lusaka · founded 2015](https://millionrounds.com/startup/zazu-3)
- [**Madison Finance Company Limited** Lusaka · founded 2004](https://millionrounds.com/startup/madison-finance-company-limited)
- [**Lenco by BroadPay** Lusaka · founded 2012](https://millionrounds.com/startup/lenco-by-broadpay)

## Is this your company?

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