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# Kenyan fintech startup FinAccess raises $500 thousand in funding
- URL: https://www.techloy.com/kenyan-fintech-startup-finaccess-raises-500-thousand-in-funding/
- Published: 2022-08-11T16:48:15.000Z
- Updated: 2022-12-07T21:07:28.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: / Fintech, Tech in Kenya

[FinAccess,](https://finaccess.co/) a financial technology startup offering software-as-a-service (SaaS) solutions has raised $500 thousand in its pre-Series A funding round led by HAVAIC, a venture capital firm based in Cape Town. 

- The fund will be used to improve the startup's market leadership in Kenya and expand into new geographies.
- Founded in 2017, FinAccess provides full-stack SaaS solutions to savings and credit organizations (SACCOs) and farming cooperatives.
- The startup offers Fincore, a product for digitizing and automating the entire financial back office and product functions for SACCOs and Grobox, an operational management software solution for co-operatives. Grobox tracks and records inventory, production, sales, payments, and finance data.
- It will launch a live pilot of its operations in Zambia, Rwanda, and Tanzania in the coming months.