Gizo
- Brings in merchants through platforms
- Gets merchant consent and sales data
- Prices each offer within your credit policy
- Services and collects each advance every day
- Reports each advance to you
For lenders
Fund advances to merchants that you cannot reach today
Platforms hold the sales data of thousands of merchants. Gizo turns that data into priced advances. You fund them in local currency.
Who does what
Gizo runs the program. You fund it.
The lender
- Approves the credit policy
- Funds each advance in local currency
- Holds the advances
- Gets the repayments and the fee income
- Sees every advance, every day
Principles
Four rules for our lending partners
01
You approve the credit policy before Gizo makes any offer with your funds.
02
Funding stays in local currency. There is no exchange rate risk in the advance.
03
Repayment comes from sales every day, not at the end of a term.
04
You see every advance and every repayment. Nothing is hidden in a pool.
FAQ
Questions lenders ask first
Want the partner brief?
Tell us about your lending book. We will send the brief.
What kind of lenders do you work with?
Banks, licensed non-deposit-taking lenders, microfinance banks and credit funds. Each lender must hold the licence that its market needs.
Which markets?
We plan to start in Kenya and add markets across Africa. A lender can fund one market or several.
How do you underwrite?
Gizo uses each merchant's sales and payout history from the platform. The offer amount and charge follow your credit policy, and you make the final decision.
How does collection work?
The platform holds back a share of each payout and sends it to the repayment account every day.
Is Gizo live?
Gizo is in early access. It is not live for merchants yet.