Asaak

Asset Financing for Motorcycles, Boda Loan and Smartphones

Kampala, Malaysia · Founded 2017 · $31.5M raised

Headquarters
Kampala
Employees
51–200
Founded
2017
Business Model
B2B2C
Website
asaak.com
Total Funding
$31.5M
Last Round
$30.0M Pre-SeedJan 2022
Rounds
2

About

Developer of a mobile-based microfinance platform designed to democratize financial services and help businesses grow with confidence. The company's platform manages lending operations, underwriting, application processing, investor management, and loan servicing, enabling clients to access various digital finance tools to reach customers.

Summary

Asaak is a Lending company based in Kampala, Malaysia, founded in 2017. It has raised $31.5M in total across 2 rounds, most recently a $30.0M Pre-Seed round in Jan 2022. Investors include Resolute Ventures, 500 Global and Social Capital.

Tech & App Stack

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Funding History

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Pre-seedPre-SeedJan 2022
$30.0M

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