Asaak

Founded in 2016, Asaak is a financial technology company that offers data-driven, mobile-based financial services to Africa's gig-economy workers and small businesses who are often excluded from the traditional banking system. The company's primary focus is on providing credit for productive assets, such as motorcycles (boda-bodas), smartphones, and fuel, enabling its customers to generate income. By using alternative data points for credit scoring, Asaak aims to unlock economic potential and create accessible financial solutions for the unbanked and underbanked.