Model Partnerships – Catalysing Africa’s Digital Transformation By Backing Start-up Growth
"Asaak, a FinTech platform that provides affordable asset financing to African gig economy workers. Asaak’s primary customer is ride hailing app drivers operating motorcycle taxis (known locally as boda bodas). Despite having steady work, most boda drivers cannot access capital to purchase a motorcycle or to pay for their everyday expenses. This group represents the fastest growing demographic in Africa today with a $50bn unmet need for capital..."