SAMPHONE Drives Digital and Financial Inclusion Through Innovative Mobile Device Financing
SAMPHONE, a pioneering fintech platform, is transforming the landscape of mobile device financing across Africa. By deploying an innovative off-balance-sheet model, SAMPHONE enables telecom operators to offer smartphone financing without assuming direct financial risk, thereby expanding digital access to underserved consumers. This strategic approach not only addresses affordability challenges but also empowers telecom providers to scale device financing sustainably. With established partnerships with leading telecom operators in Africa, SAMPHONE is redefining how mobile devices reach consumers, driving financial inclusion across the continent.
Currently operating in Rwanda, Botswana, Uganda, and Zambia, SAMPHONE is strategically expanding its footprint into new African markets to meet the burgeoning demand for accessible mobile financing solutions. Beyond financing, the company integrates advanced AI-driven credit scoring, fraud detection, and automated device management to enhance operational efficiency and mitigate risk. These technological innovations empower telecom operators to expand access while minimising defaults and optimising lending practices. SAMPHONE’s AI-powered credit scoring enables individuals with limited or no formal credit history to access smartphone financing based on telecom and behavioural data, while automated device locking and management safeguard financed devices, ensuring responsible lending. Seamless telecom payment integration further extends financing accessibility to unbanked consumers.
Recognising the inefficiencies inherent in traditional corporate communication budgets, SAMPHONE has introduced FlexiCom, a first-of-its-kind platform that optimises telecom allowances for businesses and their employees. FlexiCom provides a tailored solution that empowers organisations to offer employees greater autonomy over their communication allowances, enabling them to select their preferred telecom provider and eliminate waste from unused airtime. This innovative platform has already garnered significant interest from over 300 corporate clients seeking structured, cost-efficient, and flexible communication financing solutions that enhance employee benefits while improving cost efficiency.
Driven by growing demand from both telecom operators and enterprises, SAMPHONE is rapidly expanding its market presence across Africa. By combining innovative off-balance-sheet financing, AI-driven credit assessment, and enterprise-focused telecom solutions, the company is strategically positioned to drive digital and financial inclusion at scale. Through its strategic partnerships, technological advancements, and commitment to financial sustainability, SAMPHONE is not only addressing existing challenges but also unlocking new opportunities for telecom providers, businesses, and underserved consumers across Africa. As the company continues to grow, its impact on mobile penetration and financial empowerment is set to deepen, transforming the telecom and fintech landscape across the continent.
Verdant IMAP is the sole advisor to SAMPHONE on its capital-raising efforts, supporting its mission to expand financial access and drive technological innovation across the African continent.