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Tag: mobile

Lease-to-own motorcycle taxi lender Watu Credit raises $1.5m to expand across the country

In 2015, the Motorcycle Assemblers Association of Kenya estimated that on average 8 million Kenyans used a boda boda daily, generating USD.3.9Million (Kes400.00Million) in revenue. Mombasa-based rent-to-own boda boda (motorcycle taxi) lender Watu Credit, has received US$1.5Million (Kes.156.Million) in debt finance via lending marketplace Lendable Inc., who secured the off-balance ...

UPDATED: Tangazoletu hits ten years, seeking partners to bring financial services to ten million unbanked Kenyans

Kenya's mobile money integrator for merchants Tangazoletu has marked ten years of its existence with an ambitious target to bring ten million unbanked Kenyans in the informal sector through financial technology solutions. According to Chief Executive Officer of Tangazoletu Mr.Chris Gathingu the firm will collaborate with more than 70 partners ...

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