Start up details
About the startup
Inaccessible working capital to service post-paid loads is a problem being faced by 80% of small scale transporters active in Africa’s 300 billion USD logistics industry. As they lack collateral or credible operational data, they are unable to get access to credit from formal institutions limiting their ability to service clients.
Thumeza’s solution is an online platform providing immediately accessible working capital based on, on-platform and off-platform transporter operational activities.
Our key advantage is our ability to tap into the back end of large enterprises 3rd party transporter networks, directly servicing their transporters working capital needs whilst they wait to get paid. This ensures that Thumeza is able to work with transporters who have existing relationships with shippers, guaranteeing payment.