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Turning analog credit unions in emerging markets into digital banks

PROBLEM

3 billion people are not profitable for fair capitalism, so they are un- or under-banked, leaving them vulnerable to predatory digital lenders, high risk pricing (justified by their thin credit files), data privacy abuse and public debt shaming.

SOLUTION

A digital banking platform for credit unions that turns any financial cooperative serving the unbanked into a digital bank, offering modern financial services at the last mile. The platform is cloud-based and is built specifically for credit unions, guaranteeing near-perfect availability and a superior user experience.

Sector:

Finance

Customer:

B2B

Founding year:

2018

Geography:

Kenya

Website:

Click here

TEAM

Cynthia Wandia: CEO/CPO, leading Product Development, Sales, Fundraising and Growth
Cynthia is a Kenyan national with an Electrical Engineering (Machine Learning) degree from Yale University. Her first startup involved BD across 15 countries in Africa.


David Hwan COO, leading Operations, Finance, Customer & Team Success
David is an experienced entrepreneur, having previously founded an incubator for refugee entrepreneurs in the Netherlands, where he coached 100+ businesses including tech startups that went to raise over $500,000 in their first year.


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