Launch Africa Ventures

Kredete is a financial technology platform that caters to the needs of African immigrants and businesses in North America. It provides a comprehensive suite of services, including instant foreign exchange rates, low-fee remittances to over 20 countries, and a digital banking experience aimed at enhancing financial health. Additionally, Kredete offers a digital lending marketplace that simplifies the credit application process, enabling users to manage their finances effectively. The platform facilitates loan applications, disbursement, repayment, and collection while also providing access to credit scores and reports. By tailoring credit products to individual needs, Kredete empowers clients to improve their credit scores and achieve better financial outcomes.

Periculum is a developer of data analytic software that utilizes artificial intelligence and machine learning to enhance credit assessment processes, particularly in underserved markets. The company focuses on providing an alternative credit assessment platform that leverages alternative data to facilitate economic empowerment. By enabling lenders and financial institutions in Africa to access comprehensive data analytics and tailored credit assessment services, Periculum aims to transform the financial landscape and foster greater economic inclusion for its clients.

BFree is a company that specializes in credit management, aiming to enhance the credit collection process through innovative technology. It develops a platform that utilizes artificial intelligence to create ethical credit management tools, prioritizing the financial health of consumers. BFree's approach is centered on helping customers regain control over their finances by facilitating self-administered loan repayments. The company focuses on making the collection process more scalable, efficient, and user-friendly, particularly for individuals in emerging markets. By equipping users with essential financial knowledge and personal budgeting skills, BFree strives to lead customers out of debt sustainably.

Credable is a digital banking platform that aims to provide financial services to underbanked populations in emerging markets. By partnering with financial institutions and businesses, Credable enables the launch of various financial products, including credit, savings, and payment solutions, on its B2B2C digital infrastructure. This approach connects financial institutions to their customers, empowering end-users with access to essential financial services. By leveraging its platform, Credable allows its partners to concentrate on their core operations while expanding their offerings in the financial services sector.

Kashat is a mobile financial services company focused on addressing the financial needs of the unbanked and underbanked populations in Egypt. Through its user-friendly mobile app, Kashat provides instant small loans to individuals who typically lack access to traditional banking services. The platform employs alternative cellular data to assess creditworthiness for customers with limited credit histories, helping them establish a financial identity. Once approved, users can withdraw their loans via mobile wallets and other digital payment services, ensuring a seamless digital experience. Kashat's mission is to empower its customers by offering accessible and affordable microloans, enabling them to bridge financial gaps and improve their overall financial well-being. The company operates under the regulation of the Financial Regulatory Authority in Egypt.

Credable is a digital banking platform that aims to provide financial services to underbanked populations in emerging markets. By partnering with financial institutions and businesses, Credable enables the launch of various financial products, including credit, savings, and payment solutions, on its B2B2C digital infrastructure. This approach connects financial institutions to their customers, empowering end-users with access to essential financial services. By leveraging its platform, Credable allows its partners to concentrate on their core operations while expanding their offerings in the financial services sector.

Numida Technologies is a digital financial institution based in Kampala, Uganda, founded in 2015. The company specializes in serving micro- and small businesses in East Africa by offering application software that helps these enterprises maintain up-to-date digital financial records. Numida's proprietary credit scoring system enables it to provide unsecured growth and working capital loans to businesses, which not only results in high portfolio yields but also significantly impacts the livelihoods of borrowers. The platform aims to lower risks and costs for lending institutions, leading to improved lending terms for borrowers and fostering a thriving small business sector that creates employment, increases tax revenues, and enhances living standards for entrepreneurs and their staff.

Kashat is a mobile financial services company focused on addressing the financial needs of the unbanked and underbanked populations in Egypt. Through its user-friendly mobile app, Kashat provides instant small loans to individuals who typically lack access to traditional banking services. The platform employs alternative cellular data to assess creditworthiness for customers with limited credit histories, helping them establish a financial identity. Once approved, users can withdraw their loans via mobile wallets and other digital payment services, ensuring a seamless digital experience. Kashat's mission is to empower its customers by offering accessible and affordable microloans, enabling them to bridge financial gaps and improve their overall financial well-being. The company operates under the regulation of the Financial Regulatory Authority in Egypt.

BFree is a company that specializes in credit management, aiming to enhance the credit collection process through innovative technology. It develops a platform that utilizes artificial intelligence to create ethical credit management tools, prioritizing the financial health of consumers. BFree's approach is centered on helping customers regain control over their finances by facilitating self-administered loan repayments. The company focuses on making the collection process more scalable, efficient, and user-friendly, particularly for individuals in emerging markets. By equipping users with essential financial knowledge and personal budgeting skills, BFree strives to lead customers out of debt sustainably.