SympliFi, a U.K.-based fin-tech has launched a diaspora guaranteed loan service to enable residents in the diaspora fund entrepreneurship, education, savings and healthcare of their friends and family in Africa easily.
The solution would allow foreign-born residents living in countries such as the U.K. to assist their families back home to easily access sustainable financial services for productive uses.
“Our platform will enable us to offer diaspora a suite of financial solutions that enable long term access to business loans, education financing, electricity, healthcare, insurance and more,” says Gregoire Lecomte, co-founder of SympliFi.
SympliFi partnership is with Educate, a Zimbabwe-based education finance company, to enable Zimbabweans-based in the United Kingdom to help their family in Zimbabwe gain access to affordable education financing solutions.
With operations in Zimbabwe, Nigeria and Tanzania, SympliFi will be adding new countries and lending partners across Africa and other regions of the globe.