Trader bookkeeping
Simple sales and stock records that double as a credit history.
Company overview
A fintech startup offering savings, credit and bookkeeping tools for small traders.
Nyanga Digital builds a mobile app and USSD service that lets traders save, keep simple records and qualify for small loans.
The company works with banks, who provide the lending balance sheet, while Nyanga provides the customer relationship and data.
Leadership
-
FD
Farai Dube Co-founder & CEO
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RM
Rutendo Mushonga Co-founder & CTO
Company milestones
- 2020 Founded in Harare.
- 2022 Seed funding from regional investors.
- 2024 USSD service launched for feature phones.
- 2026 Partnership with Imba Capital Bank.
Projects & investments
Group savings
Digital version of the traditional savings club.
Innovation
The product works on basic phones, and uses group savings behaviour as a signal of creditworthiness.
Social impact
Most users are women traders in markets in Harare, Chitungwiza and Gweru.
Recent stories
The Leader Exclusive
Chipo Mutasa: "Banking the next ten million is a trust problem, not a technology problem"
The Group Chief Executive of Imba Capital Bank on mobile credit, partnering with startups, and what a bank owes the informal economy.
Banking & Finance
Mobile credit scoring and the race to bank Zimbabwe's informal traders
Banks and fintechs are using payment histories to lend to people with no formal credit record. Getting it right is harder than it looks.
Technology
Harare's startup builders: five things founders say they need next
Talent, patient capital and clearer rules top the list for the city's technology entrepreneurs.
The Leader Exclusive
Farai Dube on building fintech for people who have never trusted a bank
The Nyanga Digital co-founder explains why his company started with bookkeeping, not loans.