Revolutionizing African SMEs Capital Flow
Savvi is at the forefront of redefining capital accessibility for African SMEs, leveraging technology to enable them with affordable working capital. Our goal? Simplify trade financing and cut costs - enhancing business growth. By dynamically bridging fund acquisition processes on our innovative platform, we're making finance more streamlined and accessible than ever before.
Empowering African SMEs with quick, flexible and accessible working capital required to fuel their growth.
SMEs and startups in Africa looking for working capital to scale their businesses and financial institutions or asset managers looking to deploy capital to SME's via our platform
Your startup addresses the problem of limited access to affordable working capital for African SMEs, simplifying trade finance processes, reducing business expenses, and stimulating growth.
African SMEs are stifled by complex, costly processes and risk aversion from lenders when seeking working capital.
Leverage blockchain for secure transactions, AI for risk assessment & decision making, Big Data Analytics for market insights.
Use Bob's suggestion
Users upload documents online, AI assesses risk, assigns credit limit and rate; users can draw on funds as needed.
Savvi streamlines access to affordable working capital for SMEs in Africa, propelling growth and stimulating economic development.
We estimate the market size for which our solution is designed in monetary terms as follows
Is our goal in the next 3 years
My key role is Founder/CEO and I'm responsible for setting vision, strategy, team building, maintaining culture and securing funding.
Engineering lead to product development, CEO for strategic planning, finance lead for financial management, Operations lead to oversee operations, and an excellent Growth lead for sales and marketing
Besides the competitors you've mentioned, potential competitors could include established financial institutions offering similar services, fintech startups focusing on SME financing such as Lidya and QuickCheck, as well as international players like Kabbage if they decide to expand into your market.
Our platform empowers small businesses by channeling needed trade finance for expansion, stimulating cash flow improvement. Experience hassle-free online application with fund disbursement in just 48 hours without compromising your business ownership.
we charge processing fee of 2% and monthly interest from 3% to 10% depending on the risk profile of the business
The product is currently in the conceptual stage, yet to be actualized. Enthusiasm and innovative thinking are forming its roots. From this seed of an idea, a groundbreaking solution will grow.
Currently accommodating 100 SMEs on the waitlist. Exploring fast scale-up to serve increasing demand efficiently while maintaining our top-notch service quality.
Our company incorporated in
Key risks could include regulatory changes affecting fintech operations in Africa, potential data breaches damaging trust or exposing sensitive information, and possible failure to attract enough lenders or borrowers to maintain a sustainable marketplace. Additionally, over-reliance on technology may lead to glitches that affect services.
$
We raised investments
$
Currently, we are raising investments
$
Estimated pre-investment valuation of the company
