Founded in 2012, Kifiya's vision is creating equitable access to market and finacial services for micro, small and medium enterprises(MSMEs), smallholder farmers (SHFs) & low and middle-income individuals.
At the center of our technology stack are: 1) an AI driven alternative data-based scoring plateform that enables MSMEs, SHFs, and Individuals to be credit scored, and 2) an embedded finance infrastructure supporting credit, payment, insurance, and wallet services that drive the development of nine platforms. Together, these technologies enable FIs, MFIs, and FinTechs to offer various types of micro and small credit, micro insurance, and payment products and services.
One of our key platfoms released 18 months ago is Qena, our intelligent financial services platform with KYC+ loan origination, complete credit management and collection modules. It leverages the credit scoring platform to enable banks and MFIs provide uncollateralized digital micro and small credit to MSMes, SHFs & Individuals.