4G CAPITAL

4g-capital-logo

4G Capital has supported micro-enterprises in Africa since 2013, providing financial literacy training with working capital loans to help small businesses grow sustainably. 4G Capital clients receive a bespoke programme of business training to help them use micro-loans to achieve much higher take-home earnings. 4G Capitalโ€™s proprietorial machine learning technology delivers high fidelity insights from traditionally data dark sectors. We design scalable credit products and services optimi... zed for clientsโ€™ business risks, timescales and affordability. Training is delivered via mobile apps and face-to-face outreach. Using only mobile money, loans are accessed in under two minutes with either smart or feature phones. 4G Capital directly addresses the Finance Gap across Africa. This stands at over $19 billion for Micro and SMEs in Kenya alone (source: IFC), even though this important segment accounts for over 30% of GDP. It is almost impossible for these companies to access credit without high collateral and data requirements. Over 30% of small businesses fail due to lack of funding. 4G Capital consistently achieves very high collections rates without collateral or refinancing its clients, by only lending to viable businesses on terms that are right for them. 4G Capital is on target to positively impact over 1 million people by 2020. With operations in Kenya and Uganda, and having received multiple industry awards, 4G Capital is now scaling across the continent and expanding its suite of products and services as Africaโ€™s Fastest Fintech. Key achievements to date: ยท >94% collection rates without refinancing clients ยท Net Promoter Score 72 ยท Clients increase revenues by average 82% ยท 81% Women Customers ยท 82% Repeat Customers ยท 77% Rural Clients ยท 94% Increased financial literacy ยท $32M worth of loans to date ยท >50 locations in Kenya and expanding in Uganda and beyond ยท Partnership retail credit service plugs in to distributor systems to boost value chain sales

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4G CAPITAL

Social Links:

Industry:
Credit Financial Services FinTech Lending

Founded:
2013-04-01

Address:
Grand Baie, Riviere Du Rempart, Mauritius

Country:
Mauritius

Website Url:
http://www.4g-capital.com

Total Employee:
251+

Status:
Active

Contact:
+254 111 113001

Email Addresses:
[email protected]

Total Funding:
23.12 M USD


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Current Advisors List

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Shakir Merali Board Member @ 4G Capital
Board_member
2022-03-15

Current Employees Featured

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Wayne Hennessy-Barrett
Wayne Hennessy-Barrett Founder & CEO @ 4G Capital
Founder & CEO
2015-04-01

Founder


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Wayne Hennessy-Barrett

Investors List

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Lightrock

Lightrock investment in Series C - 4G Capital

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Citi

Citi investment in Debt Financing - 4G Capital

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Ground Squirrel Ventures

Ground Squirrel Ventures investment in Debt Financing - 4G Capital

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Ground Squirrel Ventures

Ground Squirrel Ventures investment in Series B - 4G Capital

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Ceniarth

Ceniarth investment in Debt Financing - 4G Capital

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Lateral Capital

Lateral Capital investment in Seed Round - 4G Capital

Official Site Inspections

http://www.4g-capital.com Semrush global rank: 1.22 M Semrush visits lastest month: 24.9 K

  • Host name: unalocated.63.wixsite.com
  • IP address: 185.230.63.107
  • Location: Ashburn United States
  • Latitude: 39.018
  • Longitude: -77.539
  • Metro Code: 511
  • Timezone: America/New_York
  • Postal: 20147

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