Yabx

Are mobile money wallets the super wallets of Africa? The MD of Airtel Money Uganda , Mr. Japhet ARITHO explains. #techbehinddebt #financialinclusion #africa

Uganda faces a big challenge in accessing formal credit. Yabx partnered with Airtel Money Uganda and Housing Finance Bank, Uganda to tackle this problem by building Quickloans, an overdraft loan product embedded on Airtel's mobile wallet. Through this partnership, we brought millions of underbanked individuals and businesses under formal banking institutions by leveraging AI lending/ alternate based lending. Watch the video to know more. #africa #lending #embeddedfinance #strategicpartnerships

Yabx is one of the top 6 finalists in the DIFC ADIB Ventures innovation scouting program. Brilliant insights by the esteemed panel of judges from ADIB - Abu Dhabi Islamic Bank. Look forward to collaborating on AI led solutions for the MENA market in the space of alternate credit. Thanks for the opportunity DIFC Innovation Hub !

Yabx is one of the top 6 finalists in the DIFC ADIB Ventures innovation scouting program. Brilliant insights by the esteemed panel of judges from ADIB - Abu Dhabi Islamic Bank. Look forward to collaborating on AI led solutions for the MENA market in the space of alternate credit. Thanks for the opportunity DIFC Innovation Hub !

𝐘𝐚𝐧𝐠𝐨 𝐏𝐚𝐫𝐭𝐧𝐞𝐫𝐬 𝐰𝐢𝐭𝐡 𝐂𝐎𝐅𝐈𝐍𝐀 𝐚𝐧𝐝 𝐘𝐚𝐛𝐱 𝐭𝐨 𝐋𝐚𝐮𝐧𝐜𝐡 𝐃𝐫𝐢𝐯𝐞𝐫 𝐂𝐚𝐬𝐡 𝐀𝐝𝐯𝐚𝐧𝐜𝐞 𝐢𝐧 𝐂𝐨̂𝐭𝐞 𝐝'𝐈𝐯𝐨𝐢𝐫𝐞 Yango, a global technology company, has partnered with COFINA, a mesofinance institution, and Yabx, an embedded finance platform, to launch Driver Cash Advance service in Côte d'Ivoire. The digital loan product provides instant access to cash advances up to XOF 300,000 (USD 500) with flexible repayment options spanning two to eight weeks. Initially available to Yango's partner drivers, the service is set to expand to consumers, food delivery agents, and merchants across the platform, which currently operates in over 30 countries globally, including ten African nations. The collaboration integrates Yabx's AI and machine learning algorithms for credit scoring with COFINA's financing expertise to address financial inclusion in the region's gig economy. The service utilizes data-driven lending models to evaluate borrowers without prior formal credit access, enabling real-time cash advances through the Yango app. This initiative aims to serve the 'missing middle' of African ecosystems - individuals and small businesses who typically fall outside the customer base of traditional banks and microfinance institutions. #FinancialInclusion #GigEconomy #Yango #CoteDIvoire #EmbeddedFinance #AI #CashAdvance #AfricaInnovation #Mesofinance #TechForGood

🚨PARTNERSHIP ANNOUNCEMENT🚨 Yango Côte d’Ivoire, has partnered with Groupe COFINA, a prominent mesofinance institution, and Yabx, an embedded finance platform, to introduce the “Driver Cash Advance” service. This innovative digital lending solution offers Yango’s partner drivers immediate access to cash advances of up to XOF 300,000 (USD 500) with flexible repayment terms of two to eight weeks. At the heart of this initiative is Yabx’s cutting-edge Lending-as-a-Service platform, which uses AI to build credit profiles for borrowers lacking traditional credit histories. By integrating lending services into the Yango app, Yabx enables drivers to access funds instantly, simplifying the borrowing process. By leveraging AI, data-driven lending models, and simplified processes, this collaboration introduces formal credit access to those often overlooked by traditional financial institutions. This initiative not only bolsters the financial stability of Yango’s drivers but also contributes to a more inclusive and resilient gig economy across Africa. Yango, Yabx, and COFINA are paving the way for innovative financial solutions that empower individuals and businesses to thrive. https://lnkd.in/g752GBaV

تعاون بين تطبيق «Yango» و«Yabx» و«COFINA» لإطلاق خدمات الإقراض الرقمي في كوت ديفوار Yango Groupe COFINA Yabx #fintech_Gate https://lnkd.in/dwGCvA68

Yango Partners With Yabx and Groupe COFINA to Launch in-app Digital Lending Services in Cote D’ivoire Puneet Chopra, Chief Growth Officer at Yabx, commented, “This partnership with Yango represents a key milestone in our mission to deliver financial services tailored to emerging markets. By embedding lending directly within the Yango platform, we are removing barriers to financial access, offering users quick and convenient access to capital. We believe embedded lending has the potential to transform access to credit in underserved regions and contribute to a more sustainable gig economy across Africa.” https://lnkd.in/ew8rBqXj Sié Amed TOURE Kapil Dev Gupta Tuhina Choudhury Rajat Dayal ESTELLE T. Ndeye Siga Gueye #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

We're in AFRICA FINANCIAL SUMMIT - AFIS today. Catch hold of Rajat Dayal, CEO, Yabx at the event. #AFIS

It's here! A special episode of Tech Behind Debt featuring Japhet ARITHO, Managing Director of Airtel Money Uganda . We dive into mobile money marketplaces, the partnerships shaping them, and Japhet's take on regulations, taxes, and the exciting innovations in Digital payment & lending space in Uganda! #techbehinddebt #yabx