Nkwanite Financial Network

Working capital for POS agents, repaid from their own settlements.

Nkwanite gives microfinance banks the data and the plumbing to lend to POS agents and small retailers. We score each merchant from their terminal history, and a share of each day's settlement repays the loan before the merchant is paid. The bank lends. We run the technology.

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Busy days repay more, quiet days repay less. The merchant never makes a separate payment.

How a loan runs

Each loan is a short working-capital tranche, sized to how the merchant's terminal actually trades.

  1. Offer

    We set a limit from the terminal's transaction history. The merchant accepts, and the partner bank disburses.

  2. Daily split

    Each day, an agreed share of settlement goes to the loan before the rest is paid out to the merchant.

  3. Close

    When the balance reaches zero, deductions stop. The bank gets a full record of every repayment.

Who does what

The bank is the lender. Nkwanite is the technology underneath it.

Partner bank

A licensed microfinance bank

  • Holds the licence and lends the money
  • Owns the loan and the customer relationship
  • Approves credit policy and limits

Nkwanite

Scoring, settlement instructions and reconciliation

  • Scores merchants from terminal data
  • Instructs the daily split at settlement
  • Reconciles every repayment and reports to the bank
  • Never holds merchant or loan funds

Risk controls built into every loan

Lending to agents fails when identity is loose and limits are guesses. These are the checks that stop that.

One identity, one exposure

Merchants are matched by BVN and NIN, so one person can't borrow separately on several terminals.

Limits from real trading

Limits come from settled transactions, not self-reported income.

Reserve and cover

Every loan carries a default reserve and credit-life insurance.

A record the bank can audit

Every split is logged against the loan, so the bank can trace any repayment back to the settlement it came from.

For microfinance banks

Start with a pilot on a cluster of agents in your area. We integrate with your core banking and settlement partners.

Request a pilot

For investors

We're raising a seed round to take the pilot to 5,000 terminals.

Request data room access