Asaak gives collateralized loans to African entrepreneurs through a mobile app. Our tech stack allows us to verify collateral within hours, not days. Because of the legal recourse we have on our clients, we are able to offer big loans that have funded the construction of roads, hospitals, schools, orphanages, and churches. Asaak is bridging the the $130 billion MSME credit gap in Africa.
We are currently raising a $1M seed round and are 40% committed.