Funding Details
- Awarder
- WeFunder
- Date Award
- June 13, 2024
- Vertical
- Gig Economy Infrastructure
- Funding URL
- View Funding Page
Company Info
- Founding Year
- 2024
- Traction
- Gigmile has over 200 motorcycles and smartphones piloted, with a 2.5x increase in average driver earnings. They have a driver waitlist of over 33,000 and are experiencing over 25% MoM revenue growth. Gigmile has achieved a 98% repayment rate, deployed over 200 motorcycles and smartphones to gig workers, and closed partnerships with major digital commerce platforms in Ghana and Nigeria.
- Founders
- Kayode Adeyinka
- Company Description
- Gigmile is the services and financial infrastructure for mobility-based gig work in Africa. They are democratizing access to asset financing, working capital, and key services required for gig workers to succeed in Africa's fast-rising Gig Economy. Gigmile provides an operating system for Africa's Gig economy, offering alternative credit scoring algorithms for gig workers to qualify for financing options such as motorcycle and smartphone financing, fuel advance, access to earned wages, and continuous support on partner platforms.
- Market
- Africa
- Location
-
Dover,
DE,
US
- Coinvestors
- TechStars, Enza Capital, Untapped Global
Links