We Have Raised $1.2M in Seed Funding

Today we’re announcing $1.2M in seed funding for Kayko, backed by Burrow Capital, Luxembourg Development Agency, Hanga Ignite by BRD & develoPPP Ventures, to use data to unlock access to finance for small businesses across Rwanda.

We started Kayko to solve a very real problem: millions of SMEs across Africa run their businesses every day, but have no usable financial data to grow, borrow, or scale. Cash moves, sales happen, taxes are paid, yet banks still can’t “see” the business.

Today, 8,500+ SMEs use Kayko daily for bookkeeping, inventory, and tax compliance. From markets to shops to service businesses, Kayko is quietly becoming the system of record for small businesses across the country.

The insight was simple: you can’t lend to what you can’t understand. SMEs don’t need more forms, they need tools that capture real activity, in real time, in a way financial institutions can trust.

So we built Kayko as a micro-ERP + data layer for SMEs: capturing sales, expenses, inventory, and compliance signals that can power credit scoring, working capital, and smarter financial products.

This funding lets us go deeper:

- Strengthen our infrastructure

- Expand data-driven lending and credit scoring

- Turn everyday business activity into real access to capital

Huge thanks to our merchants, partners, investors, and the entire Kayko team. We’re just getting started!