Nigerian Startup, Anyi Health Gets N36 Million Investment from Antler to Provide Credit Facilities for Stranded Patients

Anyi Health, a Nigerian health-tech startup has received an investment of N36 million ($100,000) from Antler, a global startup accelerator to provide credit facilities for primary healthcare.

The investment, which will be in return for 20% stake in the startup, was announced by Antler during its inaugural cohort in Nairobi.

Anyi Health was one of four startups from the programme that Antler invested in. The other startups were AIfluence, ChapChap Go, Digiduka from Kenya.

Last year, only 3% of the more than 1250 aspiring entrepreneurs that applied to join the first Antler Nairobi programme were selected. According to Antler, the next Nairobi cohort will launch next month.

Founded by Amara Muoneke and George Mosomi, Anyi Health is a health and fintech company that provides a point-of-need credit facility for primary health care. The startup ensures patients get primary healthcare by providing loans to cover financial constraints faced when paying health bills.

Their loans majorly cover primary health care which includes hospital consultation and screening tests.

Healthcare in Nigeria

Annually, about 40,000 women lose their lives during pregnancy and childbirth. One of the unspoken causes of this high mortality rate is due to the lack of funds by patients to visit a standard hospital.

Similarly, there are frequent reports of hospitals detaining patients who are unable to pay their hospital bills. This leads to congestion and in some scenarios, patients end up getting worse or even dying.

Anyi Health aims to solve this problem and reduce the mortality rate through a mobile-based point-of-need credit facility, where stranded patients can apply for credit directly at the hospital.

According to the startup, they have partnered with multiple hospitals across Lagos to bring financial access to healthcare closer to Nigerians.

With the new investment of funds, Anyi Health will be better poised to provide more credit to stranded patients in hospitals around the country.