Firm bets on used-car and boda boda financing to grow footprint

MOGO Kenya Head of Operations Karolis Jasinevicius. [File, Standard]

While Kenya is a leader in fintech, a majority, especially in the informal sector, remains unbanked and struggles to access credit for income-generating activities.

This was one of the things that drew MOGO, part of Eleving Group, a multinational financial company operating in 15 countries across Europe, Asia, and Africa, into the country.