PesaChoice
Latest round
- Seed
Last raised
- Nov 2021
Total raised
- Undisclosed
Investors
- 1
About PesaChoice
Based in Kigali, Rwanda, and founded in 2019 by CEO Davis Nteziryayo, CTO Odilon K.a. PesaChoice is a financial services technology company that bridges the gap between wage payments and unexpected costs for people with limited access to institutional credit. The company provides a mobile application that allows users to apply for micro-loans at fixed interest rates, eliminating the need to rely on predatory lenders, paperwork, and wait times to access funds. The application also enables users to access their salary in advance, however, the amount that users can withdraw will be set by the credit engine depending on their salary, and the repayment amount along with the interest charges gets deducted from users’ salary every end of the month. As of August 2022, PesaChoice has partnered with more than 20 employers, serving more than 10,000 employees. In addition, PesaChoice has also developed Midas, a human resource (HR) software that helps grow businesses by offering multiple services, including employee management, employee self-service, performance management, leave management, payroll, HR dashboards, e-recruitment, expense claims, asset management, loan management, and more. The company plans to relocate its operations to Norrsken House Kigali once the house opens.
Who invested in PesaChoice
1 investor across 1 round
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Funding rounds
Seed
Nov 17, 2021
Amount
Undisclosed
Investors
Questions about PesaChoice
Who invested in PesaChoice?
PesaChoice has 1 investor 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 PesaChoice raised?
PesaChoice has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did PesaChoice last raise money?
PesaChoice's most recent round on record is a Seed, in Nov 2021.
What does PesaChoice do?
Based in Kigali, Rwanda, and founded in 2019 by CEO Davis Nteziryayo, CTO Odilon K.
Where is PesaChoice headquartered?
PesaChoice is headquartered in Rwanda.
Which VCs invest in companies like PesaChoice?
Among active investors with capital left to deploy, Al Mada Innovation, DisrupTech Ventures, AXIAN Investment and Chui Ventures back financial services companies at PesaChoice's stage. Their profiles are linked below.
VCs backing financial services startups at Seed
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