We do not invest in fintechs. We are the debt infrastructure behind them — the warehouse line that allows a Nigerian digital lender to grow from 5,000 to 50,000 borrowers.
Pangea structures senior secured debt facilities to proven operators — fintech lenders, microfinance institutions, and digital SME credit platforms — in West Africa and beyond.
Our facilities are USD-denominated, senior-secured, and covenant-rich. We sit at the top of the capital stack, with legal frameworks designed for institutional LPs.
Every borrower undergoes rigorous credit underwriting — operating history, portfolio quality, team assessment, regulatory compliance, and ESG alignment. We lend where we have conviction.
Position in capital stack
First priority claim on collateral and cash flows
Currency of facility agreements
Eliminates FX exposure for international LPs
Institutional-grade legal protections
Designed to the standards of tier-1 credit desks
Every deployment decision is driven by credit analysis — portfolio quality, borrower track record, regulatory standing, covenant structure, and downside protection.
We do not take subordinated positions. Senior security means first claim on collateral, controlled waterfalls, and legal recourse designed for institutional LPs.
We build deep expertise in Nigeria first, then expand across ECOWAS. Concentrated focus yields better deal flow, relationships, and risk management.
We co-invest alongside development finance institutions — IFC, PROPARCO, FMO — whose concessional capital enhances our risk-adjusted returns and validates our pipeline.
We report on impact with the same rigour as financial returns — number of borrowers enabled, gender breakdown, average loan size, and sector allocation tracked per facility.
Revolving credit structures allow capital to be redeployed as borrowers repay — maximising impact per dollar deployed and improving portfolio yield over the fund lifecycle.
See how our approach translates into institutional-grade credit instruments across four sectors.