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Asaak
company
About
Asaak is a fintech company that provides asset financing and other financial services across Africa.
- 51 - 100
Details
- Last Funding Type
- Equity Crowdfunding
- Industries
- Emerging Markets,Financial Services,FinTech,Lending,Mobile
- Founded date
- Mar 1, 2017
- Number Of Employee
- 51 - 100
- Operating Status
- Active
Asaak is a fintech company that offers mobile financial services to entrepreneurs and farmers. It uses SMS and community-based lending to help break the cycle of unbanked entrepreneurs in the developing world. In turn, helping to fund infrastructure projects, small business expansions, agricultural technology, and mortgages.Asaak was founded in 2016 and is headquartered in Kampala, Uganda.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
2
$1.50M
Asaak has raised a total of
$1.50M
in funding over 2 rounds. Their latest funding was raised on
Jul 22, 2022 from a Equity Crowdfunding round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Jul 22, 2022 | Equity Crowdfunding | — | 1 | — | — | Detail |
| Jan 1, 2018 | Seed | $1.50M | 1 | — | — | Detail |
Investors
Number of Lead Investors
Number of Investors
—
2
Asaak is funded by 2 investors.
Spark Esports & Entertainment
and 500 Global
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
Spark Esports & Entertainment
|
— | Equity Crowdfunding |
500 Global
|
— | Seed |
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