GrowthBond provides funding for small companies to run online marketing with assistance from advertising experts. GrowthBond helps small businesses in Africa by providing growth capital for Facebook marketing. They're targeting the 80 million small businesses that have a Facebook page but lack the access to finance and skills to reach the potential online customers.
Small businesses apply with their Facebook advertising account, get funding disbursed based on the performance of their advertising campaigns, and collect repayments from their payment gateway. They offer funding to everything from early-stage startups, small businesses and fast growing internet companies looking to scale their online advertising.