Pezesha is a digital financial marketplace that connects small and medium-sized businesses (SMBs) in Kenya to working capital through a mobile app, enabling them to access credit scores, loan limits, and timely loan disbursements without the need for collateral. By providing affordable financing options and financial education, Pezesha addresses the cash flow challenges faced by SMBs, allowing them to restock inventory and expand operations.
Funding
$11M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Small and medium-sized businesses (SMBs) in emerging markets often struggle to access adequate working capital due to a lack of collateral and formal credit history. Traditional financial institutions are hesitant to lend to these businesses, hindering their ability to manage cash flow, restock inventory, and expand operations.
Solution
Pezesha provides a digital financial marketplace that connects SMBs with affordable business financing through a mobile application. The platform offers credit scoring, loan limit assessment, and timely loan disbursement, enabling businesses to access working capital without traditional collateral requirements. Pezesha's cross-platform compatibility allows businesses to apply for loans on any device, while integration with embedded partners provides an extra layer of service to their merchants through seamless access to credit. By building credit scores and providing financial education, Pezesha empowers SMBs to unlock growth and improve their financial management capabilities.
Target Audience
Pezesha primarily targets small and medium-sized businesses (SMBs) in emerging markets, particularly in Kenya, Uganda, and Ghana, that require access to working capital for inventory, operations, and expansion.
Features
- Mobile application for accessing business loans and financial services
- Credit scoring and loan limit assessment based on alternative data
- Digital loan disbursement and repayment management
- Integration with embedded partners for seamless access to credit for merchants
- Cross-platform compatibility for loan applications on any device
- Financial education modules to improve business management skills
- Secure data encryption and user authentication