Moroccan Fin-tech Startup SOS Credit Scores Investment from SEAF Morocco Growth Fund
The undisclosed investment will aim to boost and support SOS Credit’s growth.
SOS Credit, a Casablanca-based fin-tech startup, had scored an undisclosed investment from SEAF Morocco Growth Fund (SMGF). The investment will be used to support and boost SOS Credit’s growth.
Founded in 2016 by Bachir Ben Slimane, the startup’s online platform offers free mortgage brokerage services aimed at those looking for mortgage-related financial products in Morocco. SEAF chose to invest in SOS Credit for its significant potential impact it will have on Moroccan society, as well as its innovative business line and prospects for high growth.
“This effort began in Morocco through soscreditimmo.ma, with the ambition of exploring other international markets by 2020,” says Slimane in a statement. Additionally, the partnership with SEAF Morocco Growth Fund will allow the startup to achieve its mission of becoming a leader in the online brokerage of traditional and sharia-compliant financial products.