The founders and shareholders of ExpressCredit Finance Group (ExpressCredit) have agreed to integrate ExpressCredit into Eleving Group’s global business portfolio. ExpressCredit is an inclusive lender operating in Sub-Saharan Africa (Botswana, Namibia, Zambia, and Lesotho). The company was established in 2016, and its core business is microfinance and inclusive lending across all its markets of operation. The full range of products includes government payroll loans, payroll loans to private companies, salary advance loans, and open-market loans. Eleving Group is one of the largest fintech players founded in Latvia with a strong presence in 16 global markets across 3 continents. The company […]
MAX expands operations into Cameroon and Ghana MAX is the leading vehicle subscription platform in Africa and was founded out of MIT Sloan in 2015 by Adetayo Bamiduro and Chinedu Azodoh. MAX solves some of the biggest pain points that taxi drivers and commercial transport operators have. MAX partners with OEMs, EV manufacturers, and fleet owners to provide vehicle financing and subscriptions to gig drivers and mobility entrepreneurs via termed contracts and service bundles. These entrepreneurs are referred to by MAX as “Champions”, and what MAX does is to provide them with electric and low-emission vehicles. In addition to that, […]
Lipa Later Group (‘Lipa Later’) has announced a new partnership with Mastercard, to promote Buy Now, Pay Later Solutions in African Markets. Lipa Later is a Buy Now, Pay Later (BNPL) Financial Technology Company (FinTech). It operates as a payment option that allows customers to access credit conveniently whilst purchasing commodities, electronics, and household items through affordable monthly instalments. The partnership with Mastercard is expected to create opportunities for low-income individuals, merchants, and other SMEs by streamlining credit accessibility and minimising challenges in transacting. Lipa Later’s technology and products promote seamless shopping interaction and transaction processing for consumers and businesses. […]
