FinTech
Aibanc
Moosbu
Cotrust Equity
Capsa Technology
We are essentially solving three key problems for businesses in Africa:
1) Access to competitive financing for businesses, especially SMEs – only 1 in 10 SMEs are able to access funding in Africa based on World Bank estimates
2) Illiquid assets in the books of businesses – most SMEs have a large chunk of invoices (receivables) on their books which are highly illiquid and will typically have to wait between 45 days to 60 days to convert these invoices to cash
3.Limited safe asset classes for fund/asset managers to trade/invest in – most fund providers in Africa have not been able to properly define the right framework to fund SMEs in the continent due to their perceived high risk
To solve these, we have built an Exchange/platform that allow businesses (especially SMEs) to convert their receivables to tradable assets for Fund Managers to buy. It unlocks liquidity for the SME, and creates a new asset class for Fund Managers to invest in
Lynkwise
Lynkwise’s platform is used by Banks, insurers and Tech companies to do collections via direct payroll integration. Any financial institution, any payroll, any employee. We are currently being used by the largest banks and insurance companies in Africa and are changing the way Africans use financial services. Our Payroll Deduction Management Platform has a three-sided benefit: Employees: – Gain Access to a wider range of regulated financial services. – Real time access to earned wages. Employers: – Manage ALL third-party payroll deductions from a single, live, cloud-based platform with 100% accuracy. – Sync your third-party deductions on demand via file share or direct API integration. Financial Institutions: – Manage collections via direct payroll access. No more bad debts. – Connect using our API to ensure data is always accurate and up to date.