Kenyan Fintech Pezesha Raises $11M Backed By Women’s World Banking, Cardano Parent Iog

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It expects this number to grow before the end of the year as an additional 10 companies integrate with its infrastructure. The IOG’s investment into Pezesha follows an earlier announcement that the two companies had partnered to build a peer-to-peer financial operating system for Africa. Pezesha solves this through our robust API driven credit scoring technology,” Moraa, also the CEO, told TechCrunch. Pezesha said it is currently working with over 20 partner companies that have enabled it to extend loans to over 100,000 businesses to date. “We are building for the future and this means tapping new innovations for additional liquidity that allows us to offer affordable loans to SMEs,” said Moraa, a two-time founder, who started Pezesha after successfully exiting Weza Tele in 2015.