FNB supports ProfitShare’s small business aid

Financial technology business ProfitShare Partners has received R25-million in funding from First National Bank’s (FNB) Vumela Fund to support small and medium-sized enterprises (SMEs) in need of capital to supply essentials to combat the spread of Covid-19.

Since the start of the lockdown in South Africa, the business has partnered with SMEs to supply essential items such as hand sanitisers, face masks and other medical and protective supplies to both public and private health facilities.