Founder and Chief Executive Officer of Mathesis Analytics, Winston Osuchukwu.
Mathesis Analytics, a leading Nigerian financial technology company specialising in Artificial Intelligence-powered credit decisioning infrastructure, has announced an investment from institutional investor, First Ally Capital.
The firm said in a statement on Thursday that the capital injection will directly support the growth and scaling of Mathesis’ core mission by providing the intelligence and infrastructure needed to bridge the credit gap for millions of unscored or under-scored individuals across Nigeria.
Commenting on the partnership, the Founder and Chief Executive Officer of Mathesis Analytics, Winston Osuchukwu, said: “True financial inclusion cannot be achieved in a vacuum; it requires structural collaboration in which lenders and fintech companies work as partners within the ecosystem.
“This investment from First Ally Capital validates our approach to reshaping credit infrastructure. By quantifying “Personal Equity”, we empower lenders to safely look beyond the constraints of formal credit histories and recognise a borrower’s true creditworthiness.
This capital enables us to accelerate our pan-African expansion while maintaining the robust, institutional-grade infrastructure our partners rely on.”
With this investment, Mathesis will further expand its proprietary credit decisioning infrastructure. The technology enables financial institutions to confidently assess and extend credit to borrowers who lack a formal credit history by leveraging an expanded pool of alternative behavioural and transactional data.
In Nigeria, Africa’s largest economy, a significant barrier to credit access is data fragmentation. Borrowers frequently build positive financial behaviours across multiple digital platforms by repaying microfinance loans, saving through fintech wallets, or servicing Buy Now, Pay Later facilities.
However, under traditional credit infrastructure, these achievements remain invisible to new lenders.
Mathesis addresses this challenge through the concept of ‘Personal Equity’, the quantified expression of an individual’s financial behaviour aggregated across every institution with which they have transacted. By translating these disparate signals into a precise, portable measure of creditworthiness, Mathesis creates a comprehensive credit identity that reflects the full breadth of a person’s financial life.
First Ally Capital, a leading financial services group with more than a decade of operations, is dedicated to delivering innovative, tailored financial solutions to businesses, individuals, and governments.
Speaking on the investment, the Managing Director and Chief Executive Officer of First Ally Capital, Ebenezer Olufowose, said, “At First Ally Capital, we pride ourselves on being a one-stop destination for financial solutions, offering a diverse portfolio of services ranging from investment banking and asset management to trusteeship, inclusive banking, and real estate.
“Our investment in Mathesis Analytics reflects our unwavering commitment to supporting technology-led financial services that drive inclusive growth. Mathesis’s pioneering approach to credit decisioning aligns seamlessly with our vision of fostering responsible innovation and creating sustainable, long-term value across the financial ecosystem. We are delighted to partner with a forward-thinking enterprise that is actively redefining credit infrastructure and delivering excellence to the African market.”
Financial institutions can seamlessly adopt Mathesis’ infrastructure in two ways: as an ‘Intelligence Layer’, which integrates directlyr as a turnkey platform that provides a complete end-to-end lending infrastructure
To date, Mathesis’ systems have supported more than eight million loans for over two million unique borrowers in Nigeria, and the company is actively deploying its infrastructure to establish a growing pan-African footprint.
With the investment from First Ally Capital, Mathesis is well-positioned to transform how the credit ecosystem operates, driving financial inclusion in partnership with lenders across the continent.
Jide, a seasoned journalist with over 12-year experience, reports business-related stories
All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.
Stay informed and ahead of the curve! Follow The Punch Newspaper on WhatsApp for real-time updates, breaking news, and exclusive content. Don’t miss a headline – join now!
Stay in the know—fast. Get instant alerts, breaking headlines, and exclusive stories with the Punch News App. Download now and never miss a beat.
