- B2C
- Growth StageExpanding market presence
- Top InvestorsThis company has received a significant amount of investment from top investors
- Website
- Locations
- Company size
- 51-200 people
- Total raised
- $1.5M
- Markets
Asaak careers
Asaak was founded with the mission to unlock financial services for all Africans. Our first product is credit, strategically starting with the idea that we can meet a person's immediate need for capital today and help them save and invest tomorrow. Asaak has created a completely digital end-to-end lending marketplace, enabling Africans to access financial services and investors to invest directly into Asaak's loans.
Within our first target market of mobility, customers typically come to Asaak for a loan to buy a motorcycle to support their work as a ride hailing driver. By working with Asaak, drivers no longer have to lease motorcycles thereby doubling their earning potential. Each loan is backed by the motorcycle itself, a highly liquid asset with slow depreciation. Asaak's motorcycle lending product is the first entry point to other types of asset financing.
Within our first target market of mobility, customers typically come to Asaak for a loan to buy a motorcycle to support their work as a ride hailing driver. By working with Asaak, drivers no longer have to lease motorcycles thereby doubling their earning potential. Each loan is backed by the motorcycle itself, a highly liquid asset with slow depreciation. Asaak's motorcycle lending product is the first entry point to other types of asset financing.
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CEO & Co-Founder of Asaak
Total raised
$1.5M
Funded over
1 round
Latest round
Seed (Dec 2017)
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