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

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

About

Asaak invests in Africa's small and medium enterprise community, equipping business owners to pursue their bigger dream.

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

1 technology or app tracked

Every product and vendor across these categories, with where each signal came from.

Create a free account with 25 free credits every month, no card needed, to unlock the full tech & app stack, funding history, and valuations.

Funding History

Pre-seedPre-SeedJan 2022
$30.0M

Sign up to see all 2 events

Funding: Seed through Pre-Seed. Amounts, valuations, and investors where available.

Investors

Similar Companies

GrabIPO

Grab is Southeast Asia's leading super-app, providing ride-hailing, food and grocery delivery, di...

Singapore, Singapore10001+Fintech, Logistics
Series G+Total funding$8.4BJun 2018
Gojek

Indonesia's leading on-demand super-app offering ride-hailing, food delivery, logistics, payments...

Jakarta, Indonesia5001–10000Delivery, E-Commerce
Corporate RoundTotal funding$7.6BMay 2021
Ola

India's largest ride-hailing platform offering cab bookings, auto-rickshaws, bike taxis, and fina...

Bengaluru, India10001+E-Commerce, Fintech
Series G+Total funding$3.6BDec 2021
AffirmIPO

Affirm gives merchants flexible pay-over-time payment options at checkout that help them attract ...

San Francisco, United States1001–5000Fintech, Payments
Series G+Total funding$1.8BSep 2020
BetterIPO

Better instantly and reliably saves failed online payments, turning declines into guaranteed reve...

Tel Aviv, Israel1001–5000Financial Services, Fintech
Corporate RoundTotal funding$1.1BJan 2022
Ant Group

Global fintech company operating Alipay and providing digital payment, wealth management, insuran...

Hangzhou, China10001+Financial Services, Fintech
Series CTotal funding$18.5BJun 2018

Your company? Embed this profile

Add the live badge to your site — it stays current as your funding data updates.

Asaak on Indexed.vc
<a href="https://indexed.vc/companies/asaak"><img src="https://indexed.vc/api/badge/company/asaak" alt="Asaak on Indexed.vc" width="260" height="76" /></a>