Watu Africa | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights

Watu Africa is an asset financing company focused on revolutionising financial inclusion and mobility for millions across Africa....


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Watu Africa is an asset financing company focused on revolutionising financial inclusion and mobility for millions across Africa. The company provides access to affordable and flexible financing solutions for two and three-wheelers, enabling entrepreneurs and underserved individuals to enhance their economic opportunities and quality of life. With a strong presence in multiple African countries, Watu has positively impacted over 4 million people by offering more than 1 million loans.

Website
Size
1001-5000 employees
Industry
Financial Services
Specialities
Financial services, Lending services, Asset finance

🛍️ Watu Africa Product and Pricing News →

👔 Watu Africa CEO, Management and Leadership Team →

⚔️ Watu Africa Alternatives and Competitors →

💼 Watu Africa Hiring and Layoffs →

🤖 Watu Africa Developer, Integration and Automation News →

📈 Watu Africa Financials, Fundraising and Valuation News →

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🛍️ Watu Africa Product and Pricing News

  • Watu Africa is addressing digital access barriers in Kenya by offering affordable smartphone financing through Watu Simu, as highlighted by Erick Massawe, Country Manager of Kenya.
  • Watu Africa's Watu Simu Nigeria has financed over 27,000 smartphones in its first year, impacting more than 60,000 lives across 300+ sales points.
  • Watu Africa is hosting an end-of-year credit offers event on November 21, 2024.
  • Watu Africa's Uganda operations received the Microfinanza Rating Client Protection Certification, becoming the third financial institution in Africa to achieve this recognition.
  • Watu Africa is participating in the GOGLA Expo in Nairobi KICC.

  • Watu Africa, led by Kenya Country Manager Erick Massawe, participated in the launch of the Suna West Bodaboda Sacco to engage with the boda boda community and promote road safety.
  • Watu Africa is celebrating its 9-year journey in Mombasa, highlighting its commitment to empowering communities through accessible vehicle ownership and the growth of the Buy Now Pay Later model across Africa, with plans to expand into electric mobility.
  • Arturs from Watu Africa participated in a webinar discussing the future of work with Google Workspace.

👔 Watu Africa CEO, Management and Leadership Team


⚔️ Watu Africa Alternatives and Competitors

  • Mobius Motors
  • |
  • Unguka Bank
  • |
  • Vua Solutions
  • |
  • Momentum Credit
  • |
  • Money254
  • |
  • Paylater
  • |
  • Asaak

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💼 Watu Africa Hiring and Layoffs

  • Ken Gitonga has joined Watu Africa as the Head of Technical Product.
  • Michael otim Okello has left Watu Africa, previously serving as Community Banking Officer at Pride Microfinance Uganda Limited in Uganda.
  • Watu Africa is currently hiring a Sales Manager in Nigeria.
  • Grace Otieno has left Watu Africa, where she served as a Telesales Executive, to join Sheer Logic Management Consultants Limited as a Sales Executive in Kenya.
  • Watu Africa recently supported a leadership development training led by Neetu Moodley, Head of People & Culture, focusing on emotional intelligence and effective supervision techniques.

  • Watu Africa is currently seeking Training Instructors in Uganda.
  • Francine Furaha has been appointed as the Sales and Service Manager at Watu Africa.
  • Japhet Naftal has been appointed as the Retail and Sales Manager at Watu Africa.

🤖 Watu Africa Developer, Integration and Automation News

  • Watu Africa, in partnership with GOGO Electric, is offering electric bikes with advanced security and a 100+km range to reduce carbon emissions.
  • Watu Africa uses M-Pesa with Paybill number 650880 for loan repayments, enabling seamless transactions for customers.
  • Andrii Volokha, an experienced general manager, highlighted Watu Africa's mission to empower boda boda operators and the transformative impact of electric tuk-tuks in partnership with Car And General Group.
  • Watu Africa aims to finance 40% of East Africa's electric vehicles by 2027, leveraging partnerships like Gogo Electric in Uganda for vehicle assembly and battery production.


📈 Watu Africa Financials, Fundraising and Valuation News

  • Watu Africa has provided over $1 billion in credit and impacted more than 8 million lives across Africa as they celebrate their 9th anniversary.
  • Watu Africa financed over 3,000 e-bikes, reducing CO2 emissions by approximately 7,500 tonnes annually, and positively impacted over 8 million people across 8 countries.


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