Kenyan fintech Asilimia raises $2 million in a pre-seed round, plans to extend loans to MSMEs and expand in East Africa

Kenya's economy is powered by informal businesses, which contribute 33.8% to the country's GDP and provide 83.4% of the total employment outside of small-scale agriculture, data from the countrys bureau of statistics shows. The contribution of these enterprises is pivotal to the country's economy yet they remain underserved by traditional banking institutions making it hard []
Click here to read full news..