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Malipo

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P2P lending marketplace connecting borrowers and investors for transactions.

Overview

Malipo operates as a peer-to-peer (P2P) lending marketplace that connects individual borrowers with investors, facilitating direct financial transactions while bypassing traditional financial institutions. The platform employs algorithms and data analytics to evaluate borrower creditworthiness and align them with investors seeking returns. Malipo offers a variety of products, including lending, borrowing, chamas (investment clubs), fundraising, and secure payments to merchants. The platform targets customers who require accessible financial solutions and supports multiple payment methods. Additionally, Malipo automates governance and enables social commerce, addressing challenges related to lending and secure money transfers within the banking ecosystem.

Key facts

Founded
2019
Headquarters
Nairobi, Kenya

Business model

Contact

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About Malipo

What does Malipo do?

Malipo operates as a peer-to-peer (P2P) lending marketplace that connects individual borrowers with investors, facilitating direct financial transactions while bypassing traditional financial institutions.

Where is Malipo headquartered?

Malipo is headquartered in Nairobi, Kenya.

When was Malipo founded?

Malipo was founded in 2019.

Which sector is Malipo in?

Malipo operates in Digital Lending, part of Financial Technology.

Who are Malipo's competitors?

Companies similar to Malipo include Yotepresto, GIROMATCH, and CashKumar.