Nobuk Collect

Nobuk Africa

Nobuk Collect

Automating payment collection, reconciliation, and financial reporting for African groups and collectives

Nairobi, Kenya

Kenya

For-profit, including B-Corp or similar models

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Limited access and knowledge of financial service providers for the majority of non-urban communities, Lack of transparency in group or community-based transactions due to manual record-keeping processes that are error-prone and time-consuming, which limits financial access and auditability

One platform for all payments communities to make or receive, with automated reporting directly accessible on USSD and WhatsApp. https://www.youtube.com/watch?v=lS9zxy75xeQ

Individuals & organizations managing informal or community-based contributions, such as for religious groups, cultural associations, or village savings groups, are our primary target. Our solution creates transparency by automating the process of record keeping and reconciliation and reduces errors associated with manual data entry while providing access to diverse financial services. With one link/USSD code, community members can pay for their insurance premium, make investments via investments funds and save funds directly to their bank accounts.