iNuka Pap

Company Overview

iNuka Pap is a financial services company that leverages mobile phones to provide short-term cash advances to subscribers. The company primarily serves rural Savings and Credit Co-Operative Societies (“Saccos”) customers, which total 12 million members that are underserved by traditional financial organizations.

iNuka Pap’s Impact

While Kenya has the largest adoption of mobile banking services in Africa, with 35 million adults having access to a mobile account, approximately 50% of that population do not have access to a traditional financial institution. Instead, they rely on Saccos, which currently require a multi-day, paper-based application for withdrawals. iNuka Pap allows for immediate cash transfers, enabling users to freely move cash in and out of accounts.
Website // www.inukapap.co.ke