Details

Last Funding Type

Grant

Last Funding Money Raised

$100K

Industries

E-Commerce,Enterprise Software,Financial Services,FinTech,Information Technology,Software

Founded date

Jan 1, 2017

Number Of Employee

11 - 50

Operating Status

Active

Finplus Group is a technology company building a new credit & commerce infrastructure for emerging markets. We believe that access to markets & financial services should be a human right, available to everyone, everywhere, who wishes to participate in the modern economy. Our goal is to help close the massive $5.2Tn credit deficit faced by SMEs in developing countries every year. Finplus provides white-label digital finance & vertical ecommerce software to:

1. Enable banks & micro-lenders to lend to SMEs, at scale, across multiple markets

2. Help consumer goods companies to digitise sales end-to-end, effectively turning their supply chain into a demand chain

3. Unlock access to an instant line of credit for tens of millions of SMEs and individuals in emerging markets

Finplus software has already processed over $1 Billion in transaction value across 5 emerging markets (Kenya, Uganda, Tanzania, Eswatini, South Africa), enabled more than 3 Million MSMEs & individuals to access credit and saved business customers over 1.2 Million man-hours through automation.