We're thrilled to announce our partnership Uzapoint, a leading mobile and web Point of Sale (POS) software provider, aimed at providing access to finance for micro and small businesses across Africa. Through this partnership, Uzapoint merchants will be able to easily access affordable working capital in an embedded approach through integration of Pezesha APIs to the Uzapoint POS platform.

This partnership aims to address the challenges posed by high inflation and the growing low-income segment in the Kenyan retail sector, according to research by Financial Sector Deepening Kenya (FSD Kenya).Through our combined strengths, the partnership endeavors to offer financial solutions and support to retailers, enabling them to provide affordable and quality products. Pezesha, through financial inclusion, can assist retailers in accessing affordable working capital and managing financial challenges amid inflation. Together, this win-win partnership seeks to empower retailers to navigate the evolving economic landscape, fostering a sustainable and customer-friendly retail environment.

In words of Uzapoint’s Managing Director, Ivy Kariuki, “In joining forces with Pezesha, we are glad that our merchants now have seamless access to affordable working capital. This strategic move aligns with our commitment to fostering economic development and entrepreneurship in Kenya whilst reflecting our dedication to providing enhanced services and innovative solutions. As we embark on this transformative journey, we remain steadfast in our goal of not only meeting but exceeding our merchants' expectations, addressing evolving needs, and championing the success of small businesses. Stay tuned for a future where possibilities are boundless and business aspirations are realized’’

“For businesses that make less than Ksh 5,000 per day, stockouts are a compulsory problem to solve. This partnership revolutionises access to working capital to solve this nagging problem. Uzapoint merchants gain instant access to affordable working capital, thanks to our Working capital solution innovation. This digital tool becomes their ally, helping the MSMEs streamline their supply chain and foster sustained growth” said Daniel, Pezesha COO.

About Pezesha:

Pezesha owns and operates a digital embedded finance platform that connects capital and other financial services to underserved Small and Medium-Sized businesses (MSMEs) & value chains to empower them with affordable inventory and working capital that create meaningful impact and growth to their businesses.

For media inquiries, please contact:

Joyce Salat

Marketing Officer

Pezesha Africa

+254 706 192 900

joyce@pezesha.com

For partnership enquiries, please contact hello@pezesha.com

About Uzapoint

Uzapoint Technologies Limited is a software company that provides a Point of Sale (POS) software, referred to as Uzapoint Point of Sale (POS) software, for business owners to digitize their day-to-day business operations. The Uzapoint Point of Sale (POS) Software is a mobile and web application that helps small scale retail businesses to automate their business operations, make informed decisions and access financial services. The software comes with modules which enable small businesses to perform various actions such as Sales management, Inventory management, Procurement management, Accounts management among others. Uzapoint POS software comes with an e-commerce storefront which is a readily built website for small businesses whereby customers can shop online and pay for products sold.

For media inquiries, please contact:

Adah Mukubi

Head of Business

Uzapoint Technologies Limited

+254 725 744 840

amukubi@uzapoint.com