PesaChoice and Viebeg based in Rwanda have raised seed funding from the Kigali-based Norrsken Foundation.
Summary
Founded in 2016 by Niklas Adalberth, one of the founders of the Swedish fintech unicorn Klarna, Norrsken aims to help entrepreneurs solve the world’s biggest challenges. PesaChoice is a financial services technology company that bridges the gap between wage payments and unexpected costs for people with limited access to institutional credit. Users can apply for micro loans quickly and efficiently at fixed interest rates, eliminating the need to rely on predatory lenders, heavy paperwork, and long wait times to access funds. Viebeg, on the other hand, is an e-health startup building a procurement platform that ensures that healthcare facilities always have the right type and quantity of products in stock to treat patients. “Norrsken’s investment will help us build predictive analytics models that improve community health care with local talent,” said Tobias Reiter, CEO and founder of Viebeg Technologies.