Dimeji Sofowora
About Dimeji Sofowora
Dimeji Sofowora, Co-Founder and CFO of HeliumCredit, has successfully raised $30M in Series-B funding to expand fintech solutions in Africa's healthcare sector.
Dimeji Sofowora Co-Founder and CFO
Dimeji Sofowora is the Co-Founder and Chief Financial Officer (CFO) of a company focused on advancing Africa's healthcare sector. His leadership role involves financial oversight and strategic direction for the company, especially pertaining to its fintech and SaaS products aimed at healthcare providers. Sofowora's efforts contribute to improving access to healthcare financing and digitization across the continent.
Series-B Funding of $30M Led by AXA Investment Managers Alts
Dimeji Sofowora played a pivotal role in securing $30 million in Series-B funding. The funding round was led by AXA Investment Managers Alts, with participation from Capria Ventures, Angaza Capital, Anne Wojcicki, and Flatworld Partners. This influx of capital is earmarked for expanding the reach of their fintech product, HeliumCredit, among other initiatives. Existing investors in the company include Global Ventures, Tencent, Ohara Pharmaceuticals, LCY Group, WTI, and AAIC.
HeliumCredit Fintech Product Expansion Plans
HeliumCredit, a fintech solution co-directed by Dimeji Sofowora, has already provided more than $3.5 million in credit to over 200 healthcare facilities in Nigeria. The company plans to expand its operations to Kenya and aims to increase its lending portfolio to 1,000 healthcare facilities by 2024 in partnership with the U.S. International Development Finance Corporation. The expansion is part of a broader strategy to address Africa's healthcare financing deficit.
Public Health Collaborations and Funding
Dimeji Sofowora is committed to deepening collaborations within the public health and global health communities. The organization has received funding from the Bill & Melinda Gates Foundation and MSD for Mothers to support maternal health program strategies. These partnerships aim to enhance the effectiveness of healthcare services through better financing, technology, and data solutions.
Scaling HeliumOS for Healthcare Providers
HeliumOS, a SaaS suite for healthcare providers, is another key initiative driven by Dimeji Sofowora. Currently, more than 10,000 health workers use HeliumOS to care for over 1 million patients. The platform aims to address the critical issue of low health worker-to-patient ratios and the lack of digitized healthcare facilities in Africa. Less than 10% of healthcare facilities on the continent are currently digitized, highlighting the urgent need for scalable solutions like HeliumOS.