Imalipay

What it does

ImaliPay is a pioneering fintech company that offers a financial health platform tailored to freelancers and blue-collar gig workers. Utilizing AI and Big Data, ImaliPay provides a range of financial products to promote the inclusion of gig economy platforms and workers across Africa. Their embedded finance platform allows gig workers to access loans, cash advances, savings accounts, and build their credit score. ImaliPay's innovative approach includes in-kind loans through a "buy now, pay later" model tied to their trade, empowering users to create a safety net around their work and drive economic empowerment. With a focus on transparency and productivity, ImaliPay aims to help gig workers set financial goals, access start-up kits, and secure in-kind loans from the marketplace. Currently serving 350,000 users across Kenya, Nigeria, and South Africa, ImaliPay has plans for future expansion to additional countries.