Asaak

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Asaak is democratising access to credit by providing asset financing to small businesses owners enabling them to grow.

Kampala, Uganda

CURRENT COHORT

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FINTECH

Next generation asset financing for Africans.

In Africa 100 million people use taxis everyday, but African mobility is undercapitalized. It’s currently a slow and expensive process, and drivers lose 50% of earnings paying rent on vehicles. With access to credit, the world’s largest untapped mobility market would skyrocket. 

 Asaak provides asset financing to boda drivers in Uganda - enabling them to own their own motorcycle on credit. Drivers also need access to microloans for fuel and smartphones as well as personal loans, and it is Asaak’s mission to enable these entrepreneurs that will catalyze growth in Africa. 

Asaak is looking to partner with commercial banks, mobile network operators and insurance companies across Africa.




Asaak

Meet the founding team

Kaivan Sattar
Kaivan Sattar
Chief Executive Officer
Edward Egwalu
Edward Egwalu
Chief Operations Officer
Anthony Leontiev
Anthony Leontiev
Chief Technical Officer
Dylan Terril
Dylan Terril
Chief Business Officer

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