Awamo
Infrastructure
Infrastructure #Borrow
Awamo addresses the high operational costs of microfinance institutions through awamo® 360, its software-as-a-service core banking product in Kenya, Uganda, and Tanzania.
AwanTunai
Credit
Supply chain financing services to micro-retailers in Indonesia #Borrow
51-200
No. of employees
6
No. of active years
AwanTunai provides supply chain financing services to micro-retailers in Indonesia, through merchant working capital and point-of-sale consumer financing.
CreditEnable
Credit
Bridging the credit gap for MSMEs #Borrow
11-50
No. of employees
NA
No. of active years
Globally, there is USD $4.5 trillion in unmet demand for SME credit within the formal credit market. As a result, SMEs are often forced to tap the informal credit markets, a much more costly option. CreditEnable is addressing this problem through a digital marketplace for credit. The founders bring a mixture of experiences ranging from having managed multi-billion dollar debt and equity portfolios run first-mover impact investment portfolios, and built complex credit and risk technology platforms for global financial services institutions.
Jai Kisan
Credit
Low-cost and timely financing for rural assets like agricultural and dairy equipment in India. #Borrow
201-500
No. of employees
NA
No. of active years
Jai Kisan provides low-cost and timely financing for rural assets like agricultural and dairy equipment in India. Jai Kisan’s two founders have experience in private equity and management consulting, with stints at Abraaj, Alvarez & Marsal, and PwC.
Kwara
Infrastructure
Turning credit unions into modern digital banks #Borrow
Kwara is a digital banking platform for lenders such as credit unions or savings and credit cooperatives (SACCOs) in Kenya. Using digital touchpoints via mobile phones, Kwara creates a direct distribution channel to market other financial products to end-users.
Julo
Credit
Providing low interest and easy installment loans to the underbanked population in Indonesia #Borrow
JULO tailors low-interest installment credit products to Indonesia’s unbanked, powered by its own machine learning algorithms to determine users’ creditworthiness instantly.
Mosabi
Credit
Behavioral change in entrepreneurs #Borrow
Mosabi drives behavior change in entrepreneurs in India, Kenya, Mexico, Senegal and Sierra Leone through mobile e-learning,
Musoni Systems
Infrastructure
Software solutions tailored for the digitalization of microfinance institutions #Borrow
11-50
No. of employees
10
No. of active years
Musoni Systems builds software solutions tailored for the digitalization of microfinance institutions. The founders draw from past experience integrating digital technology into the operations of several financial service providers.
Pezesha
Credit
Expanding the coverage of credit bureaus in Kenya #Borrow
Pezesha addresses the limited coverage of credit bureaus in Kenya by offering ‘credit-decisioning-asa-service’ for financial institutions through its marketplace platform. Through Patascore, its proprietary credit scoring model that integrates traditional and alternative data with machine learning algorithms, Pezesha calculates scores for thin-file or no-file borrowers.
SmartCoin
Credit
Providing micro-loans for underserved low and middle-income segments in India through a mobile-first product built on artificial intelligence and machine learning innovation. #Borrow
51-200
No. of employees
5
No. of active years
In India, over 900 million people have bank accounts but less than 40 million have access to short-term unsecured credit. Led by former senior managers from global investment banks and tech startups, SmartCoin specializes in micro-loans for underserved low and middle-income segments in India through a mobile-first product built on artificial intelligence and machine learning innovation.
Three Wheels United
Credit
Disrupting lending to low-income and less-literate clients through an AI and data-driven loan management system. #Borrow
51-200
No. of employees
NA
No. of active years
Three Wheels United is aimed at disrupting lending to low-income and less-literate clients through an AI and data-driven loan management system. In India, half of the 12 million rickshaw drivers operate a rented vehicle due to a lack of financing.
Avista
Credit
Lack of access to credit #Borrow
251-500
No. of employees
4
No. of active years
Avista uses simple digital financial solutions to ensure that every Colombian has access to credit products. With its state‑of‑the‑art technology, Avista has developed products at better prices and agile disbursement mechanisms while maintaining clients' satisfactory experience. Avista continues to reach and service all segments of Colombia’s population through its own artificial intelligence‑based credit scoring system, clear credit policies, and effective use of disruptive channels.
Davinta
Credit
Providing credit and financial services to under and unbanked population, especially women #Borrow
51-100
No. of employees
4
No. of active years
Davinta is an AI‑based digital platform that offers credit and other financial products to unbanked and underbanked customers in India. The company focuses primarily on women living in rural areas. Davinta’s platform leverages data from both traditional and alternative channels to recommend financial products tailored to their specific needs. Through a network of partnerships, Davinta creates micro‑markets where its customers get opportunities to create and sell products and services to generate sustainable livelihoods. Davinta has acquired nearly 15,000 registered users, approximately 12,000 of whom are women.
Fundfina
Credit
Providing credit to more than 150,000 MSMEs across India, who otherwise have difficulty accessing credit due to a lack of credit history, #Borrow
11-50
No. of employees
3
No. of active years
Fundfina is a financial marketplace powered by open banking architecture, machine learning analytics and a digital distribution engine. The company partners with financial institutions to serve more than 150,000 MSMEs across India, who otherwise have difficulty accessing credit due to a lack of credit history, a need for small dollar loans deemed unprofitable by larger institutions, and a slow and complex lending process. Fundfina supports these merchants by curating appropriate financial products on its platform, enabling thin‑file credit assessments through proprietary indices, and offering cash flow management tools.
PayGo
Energy
Making clean cooking accessible and sustainable for low income households #Borrow
PayGo Energy builds hardware and software solutions that makes clean cooking accessible and sustainable for low income households. In sub‑Saharan Africa, over 80 percent of households cook with dirty, dangerous fuels such as charcoal, kerosene and firewood. While these households have sufficient income to purchase clean‑burning liquified petroleum gas (LPG), they cannot afford the upfront cost of a whole cylinder. PayGo Energy’s flagship product is an IoT device that attaches to an LPG cylinder and enables consumers to purchase the fuel in small amounts using mobile money. Over 80 percent of PayGo Energy's customers are first‑time users of gas and 71 percent are women.
AkinTec
São Paulo, Brazil
N/A #Borrow
The first ESG fintech in Brazil in service to the backbone of Brazilian economic development. AkinTec is a tech startup that provides loans to classes C, D, and E, through a credit risk modelling system primarily for Afro-descendent entrepreneurs and businesses. Through a credit risk modelling system, it brings complete and personalized proposals to each client. It operates a business model based on three main functions: loans, retail, and digital banking. Akintec offers an ESG solution to Brazil’s infamous “lack of credit” problem, the most serious obstacle for economic and social development in Latin America.
Aloi
160 Robinson Road, #14-04, Singapore Business Federation Centre, Singapore 068914
N/A #Borrow
11-50
No. of employees
N/A
No. of active years
Aloi is a platform for dedicated lending to green micro-entrepreneurs through verified merchants. Built especially for emerging markets, Aloi uses blockchain to monitor business loan expenditures like an automatic audit. To increase financial and digital inclusion, the user interface is through SMS, so the software is usable on 100% of phones, without the need for version updates, mobile internet, or smartphones. Aloi’s mission is to catalyze wholesale green micro-lending to build a grassroots-led economy.
ARTH
G1-2, Satyam, Ramgiri, Badgaon, Udaipur, Rajasthan 313011, IN
N/A #Borrow
Powering Micro Businesses. Founded in 2018, ARTH is a mission driven Micro-MSME fintech start up that enables access to financial products & income generating services to underserved nano & micro-enterprises in India. ARTH has a unique deep data and partnership distribution model well placed to offer access to financial services to Micro MSMEs in hyper local markets across India. The start-up currently provides well-priced collateral free working capital, embedded insurance and income-generating payment services through its Universal Financial Services Platform specially designed for micro MSMEs. ARTH has already reached over 370,000 Micro MSMEs leveraging its proprietary advance technology platform.
Crop2Cash
Head Office Almond Court, Ikolaba GRA, Ibadan, Oyo 234012, NG
N/A #Borrow
The Farmers’ Bank. Crop2Cash makes formal financing readily available to smallholder farmers with a USSD platform that allows farmers to create a bank account in 60 seconds. Crop2Cash has also layered an agricultural marketplace where smallholder farmers can access quality farm inputs, including but not limited to fertilizers, mechanization, insurance and climate-smart advisory. As they transact on the platform, Crop2Cash helps them create a digital profile that allows financial institutions to assess their creditworthiness and make data-driven decisions about lending to them.
Digital Mobile Africa (DMA)
New Bagamoyo Road,Victoria Place M15 Mezzanine. P.O Box 31698 Dar-es-salaam, Tanzania
N/A #Borrow
DMA (Digital Mobile Africa) is a Pan-African AgriFintech, and The Last Mile Partner for Businesses and Organizations to improve access to Finance, Extension Services, Agri-Inputs and Markets for commercial smallholder farmers. DMA and its VIDA (Village Digital Agent) Agents earn commissions to distribute products direct to rural farmers. VIDA Pesa and VIDA Soko (Marketplace) platforms have served 0ver 70,000 farmers in Farmer Producer Organizations. DMA’s Next Investment milestones include expanding its revenue touchpoints and launch BNPL for Agri-Inputs to a Million farmers in Tanzania and integrate more inclusive payment channels for all ecosystem stakeholders to pay and be paid digitally.
Infibranches Technologies
Lagos, NG
N/A #Borrow
InfiBranches merges Fintech with Renewable Energy to solve everyday problems for last-mile consumers. We provide energy and financial access to customers across Nigeria by enabling payment collection, product sales and distribution while partnering with renewable energy, utilities, and financial services companies. We help our partners to track business performance while also creating a digital footprint for our customers. Through our flagship product Omnibranches, we have delivered affordable energy and financial services to over 1 million customers in underserved communities where our partners do not have a physical presence through a network of agents and strategic API channels.
Kaoshi Network
USA Office 16192 Coastal Highway, Lewes, DE 19958
N/A #Borrow
Kaoshi is a ‘one stop shop’ for Immigrants’ financial services, directly connecting Immigrants to services that address their financial needs/obligations in their home countries. Leveraging Open Banking/Open Finance API technology, Kaoshi has created a marketplace for immigrants, enabling direct and affordable access to the various financial services that enable them meet their pertinent financial needs in their home countries, - remittance, health insurance, financing, bill payments, etc. Utilizing financial data in novel way, Kaoshi has launched in 40+ countries across North America, Europe, Asia, Australia and Africa.
Lipa Later Limited
Lavington, Off Olenguruone Avenue, next to Mawara Gardens. Nairobi Kenya
N/A #Borrow
Lipa Later is a buy now pay later solution that enables consumers in Africa to shop for goods and services and pay for them in flexible monthly installments. We have built a unique technology stack, the only one of its kind in Africa that enables us to instantly credit score individuals and issue them a credit limit in seconds. Through our API, we’re able to integrate with e-commerce platforms and payment gateways and offer lipa later as a payment option at check out. This allows us to seamlessly integrate into someone's shopping experience online and enable instant buy now pay later shopping. We also offer lipa later as a payment option at the point of sale for offline sales in stores.
Paisa
Calle Arquímedes 36, Polanco, Miguel Hidalgo CP 11560 Mexico City, Mexico.
N/A #Borrow
Más que un envío: Remittance-backed loans via WhatsApp in Mexico. Paisa offers affordable remittance-backed loans via a frictionless WhatsApp bot at traditional remittance agencies in Mexico. Its tech-touch, B2B2C solution combines assisted, offline user acquisition and service with digital onboarding, registration and proprietary credit scoring. By providing the most accessible onramp to digital financial services for the nearly 90% cash-based and thin-file remittance receivers in Mexico, Paisa bridges the financial, gender and digital gap left by traditional financial services and fintech. With Paisa, remittances are more than just a transfer and become a gateway to broader financial health for receiving families and the agencies who serve them.
Prestamype
Calle Mártir José Olaya 129. Of. 1302, Miraflores, Lima
N/A #Borrow
The largest lending Fintech for micro and small enterprises in Peru. Prestamype is the largest lending Fintech for micro and small enterprises (MSEs) in Peru. Its main product is a mortgage-backed working capital loan, launched in March 2017. Over time, Prestamype has developed a one-stop-shop ecosystem of financial and technological products to support those underserved businesses, including BtoB payment solutions, an electronic invoicing and sales management SaaS, and an online foreign exchange solution. Prestamype’s goal is to become the first MSE neobank of Peru and expand to the Latam region.
Revfin
REVFIN SERVICES PRIVATE LIMITED 2nd Floor, E-Block International Trade Tower Nehru Place New Delhi South Delhi DL 110019 IN
N/A #Borrow
Revfin, financing inclusion and sustainability with the smartest, fastest electric vehicle loans. Revfin is India’s leading electric vehicle financing company which focuses on financial inclusion by providing the smartest, fastest electric vehicle loans to low-income earners in small towns of India. Revfin leverages an AI-enabled digital platform for giving loans and uses psychometrics, biometrics, and gamification techniques to assess the intent to pay and create a strong underwriting model. This underwriting model helps in serving new to credit and unserved segments and makes them financially and socially empowered owners of the vehicle. Revfin has enabled loans for over 10561 borrowers with 21% being women across 182 small cities in India and impacted 3.7 million lives so far.
Shecluded
TSC Building Plot 8 , Rock Drive Off C & I Leasing Drive, Lekki PhASE
N/A #Borrow
11-50
No. of employees
4
No. of active years
Shecluded is a fintech company that provides growth loans, asset-building tools, and financial education for African women. We are the first women-focused financial services company in Africa built by women for women across Africa. Our vision is to inspire and enable a world where women can thrive financially. We're on a mission to deliver simple and inclusive financial growth services, resources, and opportunities that position women to attain and enjoy financial freedom.
Vitto
WeWork Platina Tower, Sikanderpur Metro Station, MG Road, Gurugram, Haryana 122002
N/A #Borrow
Simplifying micro-credit business. Vitto - Microfinance.AI is a FinTech platform for local-language preferred users to avail micro-financial services through the mobile platform - Vitto. Borrowers can complete KYC, apply for loans and repay loans without typing anything. We partner with micro-lenders and help them launch and source digitally and make them competitive in the changing digital landscape.
YAPU Solutions
Schönhauser Allee 44A 10435 Berlin Berlin, Germany
N/A #Borrow
The #1 in resilience finance for the most vulnerable. YAPU Solutions fosters access to finance for the most vulnerable populations against climate change in the global South. Based on the YAPU platform 80 million USD in verified, green credits have been disbursed in Latin America and Africa. It provides a comprehensive credit analysis including environmental indicators and climate vulnerabilities.
ChapChap Africa
Namugongo, Plot 1235, kampala, uganda 256, UG
N/A #Borrow
ChapChap helps MSMEs access financial services in minutes at very competitive prices and eliminates stringent KYC requirements, lowering barriers to entry. ChapChap partners with telecoms, utilities, and financial companies to offer payment aggregation services to MSMEs in Uganda. These partnerships enable ChapChap to extend financial services to underserved people in the communities where these MSMEs operate, while also helping MSMEs digitally track their business performance and access data‑driven unsecured credit through their financial partners.
Crowde
Jl. Tebet Raya Nomor 34 Blok A , Persil Nomor 4, Jakarta Selatan, DKI Jakarta 12820, ID
N/A #Borrow
Crowde is an integrated agriculture platform that connects MSMEs in the agriculture sector to create a more effective and efficient ecosystem, allowing agribusiness owners to have access to alternative financing through high quality and timely input supplies, access to new and fair markets, and useful information. Crowde develops a robust credit scoring engine based on farm history, the implementation of good agricultural practices, data‑driven production processes, and farmers' behavior. Through a farmer‑friendly and closed‑loop ecosystem with cashless disbursement, Crowde enables timely funding for smallholder farmers to mitigate the risks of growing a business.
Datacultr
United Arab Emirates
N/A #Borrow
Datacultr is a platform that makes smartphones more affordable for the unbanked through collateralized financing and pay‑on‑demand platforms that are viable for lenders, retailers, and telcos. The Datacultr platform allows credit decisions to be made in the absence of data and helps customers develop a habit of on‑time repayment. As repayments are made, customers establish a digital transaction history which is leveraged for making other financing solutions accessible. Datacultr’s platform has enabled loans for over 300,000 borrowers across India, Pakistan, Malaysia, Indonesia, Ivory Coast, Tanzania, Kenya, Peru, Ecuador, and Mexico.
Dvara E-Registry
Hyderabad, India
N/A #Borrow
Dvara E‑Registry (DER) is an AgriFinTech start‑up based out of India focused on improving access to financial products and increasing the productivity of smallholder farmers. DER does this through Doordrishti — a comprehensive platform for all the stakeholders in the agri value chain that integrates farm services, analytics, and financial services. DER has successfully provided access to formal credit for smallholder and marginal farmers using alternative sources of data as a means of credit underwriting, opening doors of reasonable, formal agricultural loans to new credit farmers. DER works with Farmer Producer Organisations, aggregates of smallholder farmers, to distribute its services.
Elucidate
Kolonnenstraße 8 10827 Berlin, Germany
N/A #Borrow
Elucidate is a financial crime risk quantification platform that works with global financial institutions and regulators in identifying, minimizing, and pricing their financial crime risk exposure. The platform is regulated by the BaFin (Federal Financial Supervisory Authority) and ESMA (European Securities and Markets Authority), providing the markets only authorized financial crime benchmark. From its base in Siliconallee, Elucidate builds trust between financial institutions and their counterparts, and enables them to develop a stronger governance, risk, and compliance narrative.
Epi Money Private Limited (Flexiloans)
7th Floor, Tower 2, South Annexe, One World Centre, Senapati Bapat Marg, Lower Parel, Mumbai, Maharashtra, 400013., Mumbai, Maharashtra 400013, IN
N/A #Borrow
FlexiLoans is a technology‑based financing platform that aims to solve the problem that SMEs face in accessing quick, flexible, and adequate funds. With rapid and ubiquitous digital adoption in India and increased avenues to leverage data analytics, Epi Money is standing on the verge of banking transformation with its unique ability to efficiently cater to the large untapped and unserved demand for SME financing.
ErudiFi
N/A
N/A #Borrow
ErudiFi is a mission‑driven technology company that aims to expand access to education in Southeast Asia using tech‑enabled B2B partnerships with leading universities and vocational schools across the region. Operating as Danacita in Indonesia and Bukas in the Philippines, ErudiFi has financed over ten thousand students with the support of leading Silicon Valley and Southeast Asian investors such as Monk's Hill Ventures, Qualgro Partners, and Y Combinator. By making education affordable, ErudiFi looks to drive generational transformation and build a better tomorrow.
Kim An
86 - 88 Dinh Tien Hoang , Ward 1, District Binh Thanh, HCMC, Vietnam
N/A #Borrow
Kim An is a lending platform that bridges the gap between institutional funding and micro, small, and medium businesses (MSMEs). For MSMEs, Kim An provides flexible, unsecured financial products that grow with their businesses. For its partner institutions, Kim An provides end‑to‑end services that include digital customer acquisition, proprietary AI‑based credit scoring model, and integrated technology that allows them to serve small businesses. Kim An aims to become the largest fintech lender in Vietnam by 2024, with a long‑term vision to be the go‑to lender for 6 million business owners in Vietnam.