Kenya’s Asilimia has built a digital payments ecosystem for SMEs

Kenyan fintech startup Asilimia is helping small businesses more easily access various payments mechanisms through a digital ecosystem.

Founded in 2017, Asilimia aims to empower small businesses through an affordable, easy-to-use and tailored digital payments platform.

Its Android app gives business owners direct access to a payment infrastructure specifically tailored to their needs via their mobile phone, eliminating tedious registration processes and allowing them to easily send money at scale, invest savings on transaction fees into insurance or business loans, gain insights into their finances, and minimise payment fraud.