Asaak Financial Services
Latest round
- Seed
Last raised
- Jan 2018
Total raised
- $1.5M
Investors
- 6
About Asaak Financial Services
The company was founded by Anthony Leontiev. Their services are designed to facilitate access to essential tools that empower individuals to enhance their economic activities, thereby enabling them to pursue entrepreneurial opportunities. Asaak’s offerings cater to a diverse client base, including individuals seeking to operate boda boda businesses and those desiring smartphones for personal or professional use. Transactions typically occur on a direct-to-consumer basis, facilitating a streamlined process for individuals to acquire the necessary assets to enhance their livelihoods. Upon loan approval, clients may be required to visit Asaak's offices or disbursement centers to collect their financed products, after which they begin to make repayments. Asaak also implements a credit scoring system that rewards timely repayment, potentially unlocking additional financial products for clients. Asaak is targeting further market penetration within Uganda and aims to explore opportunities in neighboring countries to broaden access to their services.
Who invested in Asaak Financial Services
6 investors across 1 round
See all investors in Asaak Financial Services
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Funding rounds
Seed
Jan 1, 2018
Amount
$1.5M
Investors
Questions about Asaak Financial Services
Who invested in Asaak Financial Services?
Asaak Financial Services has 6 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Asaak Financial Services raised?
Asaak Financial Services has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Asaak Financial Services last raise money?
Asaak Financial Services's most recent round on record is a Seed, in Jan 2018.
What does Asaak Financial Services do?
The company was founded by Anthony Leontiev.
Where is Asaak Financial Services headquartered?
Asaak Financial Services is headquartered in Kampala, Uganda.
Which VCs invest in companies like Asaak Financial Services?
Among active investors with capital left to deploy, Al Mada Innovation, DisrupTech Ventures, AXIAN Investment and Chui Ventures back financial services companies at Asaak Financial Services's stage. Their profiles are linked below.
VCs backing financial services startups at Seed
Raising like Asaak Financial Services? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.