Alternative Circle

Purpose: Enabling entrepreneurship. Vision: To have the largest network of entrepreneurs in the world.

General Information
Company Name
Alternative Circle
Founded Year
2016
Location (Offices)
Nairobi, Kenya +1
Founders / Decision Makers
Number of Employees
4
Industries
Financial Services, Fintech, Marketing
Funding Stage
Seed
Social Media

Alternative Circle - Company Profile

Alternative Circle is a Fintech solutions company with a vision to become the leading Financial Technology innovator globally and provide financial access through technology to over 200 million users worldwide. The company has received recognition on a global scale, being selected as one of the global top 20 finalists by the Monetary Authority of Singapore (MAS), the only African country from the continent to qualify. Additionally, they were chosen as one of Africa’s Top 12 start-ups in the Innotribe startup challenge in Mauritius and as one of Africa’s Top 100 start-ups in the Finance Indaba Conference in South Africa, among other accolades. Alternative Circle's key product is Shika, a Kenyan-based mobile app designed to provide quick micro-loans to individuals within 180 seconds on their mobile phones. The app also serves Financial Institutions that lack the infrastructure to disburse micro-loans, allowing them to reach borrowers. With a strong focus on innovation and leveraging technology to expand financial access, the company has demonstrated the potential to disrupt the traditional financial services industry.

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