Subscribe

Subscribe to Our Newsletter

Success! Now Check Your Email

To complete Subscribe, click the confirmation link in your inbox. If it doesn’t arrive within 3 minutes, check your spam folder.

Ok, Thanks
Fintech Tech in Kenya

Kenyan fintech startup FinAccess raises $500 thousand in funding

Oluwajuwonlo Afolabi profile image
by Oluwajuwonlo Afolabi
Updated
Kenyan fintech startup FinAccess raises $500 thousand in funding
Photo by engin akyurt / Unsplash

FinAccess, a financial technology startup offering software-as-a-service (SaaS) solutions has raised $500 thousand in its pre-Series A funding round led by HAVAIC, a venture capital firm based in Cape Town.

  • The fund will be used to improve the startup's market leadership in Kenya and expand into new geographies.
  • Founded in 2017, FinAccess provides full-stack SaaS solutions to savings and credit organizations (SACCOs) and farming cooperatives.
  • The startup offers Fincore, a product for digitizing and automating the entire financial back office and product functions for SACCOs and Grobox, an operational management software solution for co-operatives. Grobox tracks and records inventory, production, sales, payments, and finance data.
  • It will launch a live pilot of its operations in Zambia, Rwanda, and Tanzania in the coming months.
Oluwajuwonlo Afolabi profile image
by Oluwajuwonlo Afolabi
Updated

Subscribe to Techloy.com

Get the latest information about companies, products, careers, and funding in the technology industry across emerging markets globally.

Success! Now Check Your Email

To complete Subscribe, click the confirmation link in your inbox. If it doesn’t arrive within 3 minutes, check your spam folder.

Ok, Thanks

Read More