Peer-to-peer lending platform Pezesha launches instant SMS loans capability for non-smartphone borrowers

Peer-to-peer lending platform Pezesha launches instant SMS loans capability for non-smartphone borrowers

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Kenya’s peer-to-peer lending platform Pezesha has unveiled a new feature allowing borrowers to apply for loans via SMS. The firm said the feature will require borrowers to only send the word “Apply” to Pezesha’s SMS short code 22235 to get loans instantly. These feature will also…

Online lender marketplace Borrocracy launches to match credible borrowers in Uganda to affordable loans

Online lender marketplace Borrocracy launches to match credible borrowers in Uganda to affordable loans

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Founded by Victor Kiruluta, Uganda’s Borrocracy is an online marketplace that matches credible borrowers in need of affordable loans with accredited financial service providers facilitating these loans at reasonable interest rates. Through the use of big data and machine learning processes, Borrocracy…