Startup wins $100,000 grant to boost financial inclusion for Nigeria’s small-scale transporters - Businessday NG
Summary
truQ won the Fintech for Financial Inclusion category at the FINCA Competition Grant and received $100,000. The company plans to use the grant to expand finance offerings for small-scale transporters and micro-logistics businesses in Nigeria. truQ combines logistics software with fintech tools to digitize operations and provide access to credit for transporters who are often excluded from traditional lending. The win validates truQ's mission and supports its effort to scale across Nigeria's fragmented logistics market.
Funding
Amount
$100.0K
Total raised
Date
September 17, 2025
Announcement date
Investors
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Lead investors
Company
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Funded company
Classifications
industries
Fintech & Banking
applications
No applications detected
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