Launch Africa Ventures

Happy Pay is a company focused on developing a credit scoring system that offers a Buy Now Pay Later platform. It aims to provide consumers with a responsible alternative to expensive credit options. By integrating an autonomous artificial intelligence technology with merchants' platforms, Happy Pay enhances average basket sizes and improves customer conversion rates. This innovative approach allows users to access financing solutions that facilitate purchases while managing their financial responsibilities effectively.

Kredete is a financial technology platform that serves African immigrants and global businesses in North America, focusing on providing a range of financial services. It offers instant, competitive foreign exchange rates and low-fee remittance services to over 20 countries, which can significantly enhance users' credit scores. Additionally, Kredete features a comprehensive digital banking experience that includes an end-to-end lending marketplace. This marketplace simplifies the processes of credit application, loan disbursement, repayment, and collection. Users can also access their credit scores and reports, along with personalized loan options tailored to their specific financial needs. Through these services, Kredete aims to empower its users to manage their finances more effectively and improve their overall financial health.

Periculum develops data analytic software utilizing artificial intelligence and machine learning to enhance credit assessment for organizations in underserved markets. The company's platform focuses on alternative data to provide comprehensive credit evaluations for lenders and financial institutions in Africa. By empowering clients with advanced data analytics and credit assessment services, Periculum aims to accelerate economic empowerment and improve access to financial resources for those in need.

BFree is a developer of a credit management platform aimed at enhancing the credit collection process. The company emphasizes improving consumers' financial health by creating artificial intelligence-based ethical credit management tools. These tools are designed to make collection processes more scalable, efficient, and user-friendly, allowing individuals in emerging markets to manage their loan repayments independently. BFree's approach focuses on providing customers with the knowledge and skills necessary for effective personal budgeting, ultimately helping them regain control over their finances and sustainably navigate out of debt.

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 in Egypt that focuses on meeting the financial needs of the unbanked and underbanked populations. It offers instant, small loans through a user-friendly mobile app, allowing customers to access microloans conveniently. By utilizing alternative cellular data for underwriting, Kashat serves individuals who have never had access to credit, helping them establish a financial identity and build a credit history. Once approved for a loan, customers can withdraw funds via mobile wallets and other digital payment methods. Kashat's operations are fully digital and are regulated by the Financial Regulatory Authority in Egypt, ensuring compliance and security in its financial services.

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.

Happy Pay is a company focused on developing a credit scoring system that offers a Buy Now Pay Later platform. It aims to provide consumers with a responsible alternative to expensive credit options. By integrating an autonomous artificial intelligence technology with merchants' platforms, Happy Pay enhances average basket sizes and improves customer conversion rates. This innovative approach allows users to access financing solutions that facilitate purchases while managing their financial responsibilities effectively.

Numida Technologies is a digital financial institution based in Kampala, Uganda, focused on serving micro, small, and medium enterprises in East Africa. Founded in 2015, Numida provides an application software that enables small businesses to maintain accurate digital financial records, allowing them to monitor their performance effectively. The company specializes in offering unsecured growth and working capital loans, leveraging a proprietary credit scoring system to assess borrowers' creditworthiness. By improving access to financing, Numida aims to foster a thriving small business sector that can create secure employment, enhance tax revenues for local governments, and uplift the living standards of entrepreneurs and their communities. Its platform not only helps businesses make informed financial decisions but also assists lending institutions in reducing risk and costs, ultimately leading to better lending terms for borrowers.

Kashat is a mobile financial services company in Egypt that focuses on meeting the financial needs of the unbanked and underbanked populations. It offers instant, small loans through a user-friendly mobile app, allowing customers to access microloans conveniently. By utilizing alternative cellular data for underwriting, Kashat serves individuals who have never had access to credit, helping them establish a financial identity and build a credit history. Once approved for a loan, customers can withdraw funds via mobile wallets and other digital payment methods. Kashat's operations are fully digital and are regulated by the Financial Regulatory Authority in Egypt, ensuring compliance and security in its financial services.

BFree is a developer of a credit management platform aimed at enhancing the credit collection process. The company emphasizes improving consumers' financial health by creating artificial intelligence-based ethical credit management tools. These tools are designed to make collection processes more scalable, efficient, and user-friendly, allowing individuals in emerging markets to manage their loan repayments independently. BFree's approach focuses on providing customers with the knowledge and skills necessary for effective personal budgeting, ultimately helping them regain control over their finances and sustainably navigate out of debt.