Shecluded

What Shecluded does

Shecluded Financial Technology is a Nigerian fintech company founded in 2019 by Ifeoma Uddoh, headquartered in Lekki Phase 1, Lagos. It operates a credit-inclusion and capacity-building platform targeting women-led SMEs and MSMEs across Africa, delivering a bundled offering of flexible business loans (growth financing, asset financing, invoice discounting, working capital), incubator and accelerator programs (Dream to Business, FCMB Sheventure, Beauty in the Motherland, GirlCode with Microsoft ADC, ICSS), a physical co-working space called Shecluded Hub, and a community network reported at over 200,000 women. Eligibility is restricted to Nigerian citizens or legal residents aged 18 and above holding a valid Nigerian bank account.

The platform is anchored on two digital storefronts: users.shecluded.com handles loan origination with KYC capture (government ID, proof of address, bank statement, BVN), licensed credit-bureau verification, internal review, and direct disbursement into customer bank accounts; hub.shecluded.com manages co-working, meeting-room, and event-venue bookings. Data handling is aligned with the Nigeria Data Protection Regulation (NDPR) 2019 and the Nigeria Data Protection Act (NDPA), with BVN-linked debit authorization supporting collections and default management. Revenue is generated from interest on loans, hub rentals, and fee-based program delivery in partnership with DFIs, banks (FCMB, Sterling Bank grant pipeline), and corporates (Microsoft ADC, Google for Startups).

Go-to-market is community-led, combining WhatsApp communities, blog content, organic social media (Instagram, X, Facebook, LinkedIn), press coverage in major Nigerian outlets (Daily Trust, Guardian, BusinessDay, Punch, Nairametrics, The Benchmark), and cohort-based programs that funnel participants into financial products and the hub. Disclosed outcomes include 7,000+ businesses supported, 10,000+ women empowered, an average 30% revenue increase among supported businesses, 65+ successful grants secured, and 2,000+ women trained via the Dream to Business Incubator. The company operates from a single Lagos headquarters, has no disclosed subsidiaries, and its only disclosed capital event is an equity-free $100,000 grant from Google for Startups in October 2021.

Name

Shecluded

Legal name

Shecluded Financial Technology

Website

https://shecluded.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

11–50 employees

Short description

Shecluded Financial Technology is a Nigerian fintech founded in 2019 that provides flexible business loans, incubator and accelerator programs, a Lagos co-working hub, and a 200,000+ member community for women-led SMEs and MSMEs in Africa.

Ownership category

akta.pro rank

Product category

Women-focused SME lending and capacity building

NAICS

Nondepository Credit Intermediation (5222), Activities Related to Credit Intermediation (5223), Sales Financing (522220)

SIC

Personal Credit Institutions (6141), Finance Services (6199), Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

Lending & Credit Disbursements (FSAMAKAH)

akta.pro secondary industries

Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure (FSAGABAE), Direct-to-Consumer (D2C) Personal Lending Platforms (Unsecured Installment) (FSAKAAAK)

Keywords

• Women business lending
• SME financing
• Entrepreneur support programs
• Co-working space
• Financial inclusion

Headquarters

HQ city

Lagos

HQ country

Nigeria

HQ region

Africa

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Interest-bearing business loans: Shecluded generates revenue from interest charged on flexible loans to women entrepreneurs for growth financing, asset financing, invoice discounting, and working capital. Loan products are disbursed into customer bank accounts and repaid on scheduled due dates, with defaults handled via collections agencies or legal action.
2. Co-working space rentals and bookings: Recurring and one-time revenue from booking the Shecluded Hub co-working space, private meeting rooms, and event venues by members and external organizations, with discounts and customizable workspace options.
3. Business support, training and program delivery: Revenue from delivering tailored training programs, incubators, accelerators, and cohort-based programs (e.g., Dream to Business Incubator, FCMB Sheventure Accelerator, ICSS, Beauty in the Motherland) — often in partnership with DFIs and corporates — covering business development, financial literacy, and entrepreneurial resilience.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

Shecluded is a credit-inclusion and capacity-building platform that provides flexible business loans (growth, asset, invoice discounting, and working capital financing) to women entrepreneurs in Nigeria, applied for and disbursed through its online account platform. It wraps the lending product with incubator and accelerator programs (Dream to Business Incubator, FCMB Sheventure Accelerator, GirlCode Bootcamp with Microsoft ADC, ANTFem), a physical co-working/event space called Shecluded Hub in Lagos, and a 200,000+ member community of women entrepreneurs. Loans are processed with KYC, credit-bureau checks, BVN-linked repayment authorization, and NDPR/NDPA-compliant data handling.

Product overview

Shecluded is a unified credit-inclusion and capacity-building platform for women-led SMEs and MSMEs in Africa, structured as a core lending product surrounded by three complementary offerings. The anchor is Shecluded Loans, the core financial product that provides flexible B2B financing — including growth loans, asset financing, invoice discounting, and working capital — applied for, reviewed, and disbursed through an online customer account. Shecluded Business Support Programs build borrower and applicant capacity through incubators and accelerators such as the Dream to Business Incubator, FCMB Sheventure Accelerator, Beauty in the Motherland, GirlCode Bootcamp with Microsoft ADC, and the ICSS (Inspire, Create, Start, Scale) incubation programme, supplemented by strategic business coaching, financial literacy training, and mentorship. Shecluded Hub is the physical co-working, training, event, and content creation space that hosts the programs and offers a professional business address service. Shecluded Community is the 200,000+ member network, sustained via events, workshops, and a WhatsApp group, that ties borrowers, program graduates, and mentors together across the ecosystem.

Differentiator

Problem solved

Functional benefit

Brands

• Shecluded Hub: Inclusive co-working space in Lekki Phase 1, Lagos offering collaborative coworking, training, corporate event, and content creation space; also offers professional business address services.

Products and services

• Shecluded Loans B2B financing product offering flexible, interest-friendly loans for women entrepreneurs in Africa, including growth loans, asset financing, invoice discounting, and working capital. Customers sign up online at users.shecluded.com, select a loan type, are reviewed by the Shecluded team, and, if approved, receive disbursement directly into their Nigerian bank account, with repayment tracked through their Shecluded account. Targeted at Nigerian women aged 18+ who are citizens or legal residents and hold a valid Nigerian bank account.
• Shecluded Hub (Co-working, Training, Events, and Business Address)

Quantifiable outcome

• 7k+ businesses supported
• +6 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Twelve partnerships are on record, tiered core and minor.

• FCMBcoreStrategic or Co-development PartnerCo-developed the FCMB Sheventure Accelerator Program, which trained approximately 1,000 women with a goal of funding 350 women and creating 1,000 jobs. Punch Newspaper reported FCMB launched the accelerator programme to empower 350 women.
• Microsoft ADCminorStrategic or Co-development PartnerPartnered with Microsoft ADC in 2022 to host the GirlCode Bootcamp, enhancing young women developers' tech skills and earning potential.
• TOFA (TOFA Academy)minorStrategic or Co-development PartnerPartnered with TOFA to promote inclusion for women in Africa's Agro-Trading sector. Around 20 women received hands-on training covering product sourcing, quality checks, payment methods, and delivery processes.
• FHSAcoreStrategic or Co-development PartnerPartnered with FHSA to implement the ANTFem Program, empowering 133 women across five Nigerian States (announced February 25, 2025).
• Challenge Fund for Youth Employment (CFYE)coreStrategic or Co-development PartnerJoined forces with Shecluded to empower women entrepreneurs and create jobs (BusinessDay coverage). CFYE also funded the Dream to Business Incubator Cohort referenced in customer testimonials.
• WE-Elevate (Nigeria roll-out)coreStrategic or Co-development PartnerNigeria is rolling out WE-Elevate to accelerate digital inclusion for female entrepreneurs; referenced on the homepage news strip dated September 29, 2025.
• Daily TrustminorGTM or Marketing PartnerPress/media outlet that covered the appointment of Farida Yahya as Vice President (Northern Nigeria expansion).
• The Guardian NigeriaminorGTM or Marketing PartnerPress coverage of the launch of the Shecluded Hub for female entrepreneurs, quoting founder Ifeoma Uddoh.
• BusinessDay NigeriaminorGTM or Marketing PartnerPress coverage of the CFYE x Shecluded collaboration to create jobs for women entrepreneurs.
• Punch NewspaperminorGTM or Marketing PartnerPress coverage of FCMB's new accelerator program in partnership with Shecluded to empower 350 women.
• NairametricsminorGTM or Marketing PartnerPress coverage of Shecluded securing the Google grant to drive financial inclusion for African women.
• The BenchmarkminorGTM or Marketing PartnerPress profile of founder Ifeoma Uddoh and Shecluded's mission; references the 200,000-women community figure.

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Lidya: Pan-African digital lender focused on SME working capital and invoice financing across Nigeria and other African markets. Directly comparable on invoice discounting/working-capital products for SMEs and emerging-market credit infrastructure.
• Aella Credit: Nigerian digital lender providing employee-backed salary advances and SME financing. Comparable on Nigerian SME/employee credit products and online origination flow.
• Carbon (Carbon Finance): Nigeria-based digital lender offering consumer and small-business credit via a mobile app with automated underwriting. Most directly comparable to Shecluded Loans in product (online credit), geography (Nigeria), and target (underserved borrowers), though Carbon does not specialize in women entrepreneurs.
• Renmoney: Established Nigerian non-bank lender offering personal and SME loans via web and mobile. Comparable as a domestic nondepository credit intermediary serving individuals and small businesses with diversified loan products.
• Tala: Global mobile lender serving thin-file consumers and micro-entrepreneurs, including in African markets. Comparable on mobile-first credit decisioning for underserved borrowers, though at consumer rather than SME ticket sizes.
• FairMoney: Nigerian/emerging-markets digital lender providing personal and small-business loans via mobile, with bank-license ambitions. Directly comparable on digital lending to Nigerian SMEs/individuals and on distribution through a self-serve mobile/web platform.
• Branch International: Emerging-markets digital lender (with strong Africa presence) providing micro and small-business loans via mobile. Comparable on thin-file SME/microentrepreneur lending, mobile-first underwriting, and African market focus.

Broad incumbents

• Kuda Bank: Nigerian digital-first neobank offering consumer accounts, payments, and increasingly SME/merchant services. Comparable as a Nigerian fintech serving similar mass-market customers and competing for the same digital relationship.
• First City Monument Bank (FCMB): Nigerian commercial bank and Shecluded's partner on the Sheventure Accelerator. Comparable as a Tier-2 Nigerian bank serving SMEs and offering SME lending products that overlap with Shecluded's loan portfolio.

Others

• Mono (Mono Technologies): Nigerian open-banking data and infrastructure provider used by lenders for account aggregation, KYC, and underwriting. Comparable as adjacent enabling infrastructure that Nigerian digital lenders (including Shecluded-style originators) integrate with.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/shecluded
• Facebookfacebook.com/Shecluded
• LinkedInlinkedin.com/company/shecluded
• Instagraminstagram.com/shecluded

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Shecluded