L-Pesa Micro Finance
Automated Microfinance Services
Company Overview
Snapshot
Founded in January 2015 by Ron Ezra Tuval, L-Pesa Micro Finance operates with 1–10 employees. The company has distributed micro-loans to over 700,000 customers, demonstrating significant reach in financial inclusion.
Business overview
L-Pesa Micro Finance is a Fintech & Insurtech company that provides automated microfinance services. The company focuses on financial inclusion by distributing micro-loans to customers in Africa and India, with plans for expansion into Southeast Asia and Latin America. Its core product is a financial app designed to make mobile banking accessible, serving markets in Eastern Africa, South Asia, and Southeast Asia.
Strategic signal
In May 2020, L-Pesa Micro Finance was highlighted as East Africa's leading mobile financial inclusion services provider. This signals the company's strong position and impact in a critical emerging market, demonstrating its potential for continued growth and its ability to address significant financial needs through mobile technology.
Company Intelligence Q&A
- What is L-Pesa Micro Finance's primary offering?
- L-Pesa Micro Finance provides automated microfinance services, primarily focusing on distributing micro-loans through a financial app to promote financial inclusion.
- When was L-Pesa Micro Finance founded?
- L-Pesa Micro Finance was founded in January 2015.
- Who founded L-Pesa Micro Finance?
- L-Pesa Micro Finance was founded by Ron Ezra Tuval.
- What is the geographic reach of L-Pesa Micro Finance's services?
- L-Pesa Micro Finance currently operates in Africa and India, with ambitions to expand its services across Southeast Asia and Latin America.
- What significant milestone did L-Pesa Micro Finance achieve in May 2020?
- In May 2020, L-Pesa Micro Finance was recognized as East Africa's leading mobile financial inclusion services provider, highlighting its impact and market position.