This fintech is driving billions in consumer loans across Africa and staying under the radar
- Kuunda has powered more than $3 billion in loans since 2018, operating behind the scenes in the digital lending space.
- The company specializes in providing liquidity infrastructure to partners through its liquidity API and credit scoring algorithms.
- Kuunda's innovative products include Hapa Cash for short-term needs and Kazi Cash for medium-term financing for MSMEs.
Kuunda's innovative approach to embedded finance and its focus on empowering local businesses could significantly transform the lending landscape in Africa. However, the challenge remains in scaling operations while maintaining risk management and ensuring financial literacy among users to prevent over-indebtedness.
