Zanifu

Zanifu is a Kenyan fintech company that provides inventory-based stock financing and working capital to micro, small, and medium-sized enterprises (MSMEs) across Africa, with a primary focus on informal retailers known as dukas. Founded in 2017 by Steve Biko and Sebastian Kilimo, Zanifu addresses the $20 billion SME financing gap in Kenya by offering 30-day inventory loans disbursed directly to distributors rather than borrowers' wallets, ensuring funds are used exclusively for restocking. The platform connects retailers with distributors through a mobile app, enabling faster restocking cycles, improved cash flow for distributors, and sustainable credit access for retailers. Zanifu has expanded to multiple regions across Kenya including Coast, Eastern, Mt Kenya, Meru, Naivasha, Nakuru, South Rift, and North Rift. Backers include Yango Ventures, Beyond Capital Ventures, Launch Africa Ventures, and Variant Investments.