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Ugandan lender Asaak raises $30million to support acquisition of motorbikes, smartphones by taxi operators – TechCrunch

Asaak, a Ugandan asset financing startup, has secured $30 million in pre-Series A equity and debt funding. The round saw the participation of new and existing investors including Resolute Ventures, Social Capital, HOF Capital, Founders Factory Africa, End Poverty Make Trillions, Decentralized VC and a number of angel investors. Asaak offers motorbike financing to operators, […]

South-africa
Kampala
Uganda
Johannesburg
Gauteng
Soroti
Ugandan
Aaron-akampa
Anthony-leontiev
Dylan-terrill
Edward-egwalu
Kaivan-sattar

Ugandan fintech Asaak raises $30million to support acquisition of motorbikes, smartphones by taxi operators – TechCrunch

Asaak, a Ugandan asset financing startup, has secured $30 million in pre-Series A equity and debt funding. The round saw the participation of new and existing investors including Resolute Ventures, Social Capital, HOF Capital, Founders Factory Africa, End Poverty Make Trillions, Decentralized VC and a number of angel investors. Asaak offers motorbike financing to operators, […]

South-africa
Kampala
Uganda
Johannesburg
Gauteng
Soroti
Ugandan
Aaron-akampa
Anthony-leontiev
Dylan-terrill
Edward-egwalu
Kaivan-sattar

Ugandan asset financing startup, Asaak, secures $30 million to support region's taxi operators

Technology in Kenya and Africa in general. The site covers Emerging tech like AI, Blockchain, Robots and Kenya specific tech like MPESA, Konza city, ecitizen

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Soroti
Ugandan
Dylan-terrill
Resolute-ventures
Social-capital
Founders-factory-africa
End-poverty-make-trillions
Soroti-uganda

What does Untapped Global and Asaak's partnership means to Ugandans?

After a successful pilot, Untapped Global has scaled up its partnership with Asaak to provide financing for over 2,000 motorcycles in Uganda.

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South-africa
Kampala
Uganda
Kenya
Nigeria
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Yvonne-okafor

Untapped Global and Asaak Partner to Finance 2,000+ Motorbikes in Uganda

/PRNewswire/ -- Untapped Global, an innovative investment company focused on emerging markets, announced today a scale up of its partnership with Asaak, a...

Mexico
South-africa
Kenya
United-states
Uganda
San-francisco
California
American
Jim-chu
Dylan-terrill
Catalyst-fund
Smart-asset-financing

Untapped Global and Asaak Partner to Finance 2,000+ Motorbikes in Uganda

/PRNewswire/ -- Untapped Global, an innovative investment company focused on emerging markets, announced today a scale up of its partnership with Asaak, a...

Mexico
South-africa
Kenya
United-states
Uganda
San-francisco
California
American
Jim-chu
Dylan-terrill
Catalyst-fund
Smart-asset-financing

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