About Asilimia
Asilimia is a company based in Nairobi (Kenya) founded in 2017.. Asilimia has raised $1.45 million across 5 funding rounds from investors including Bpifrance, Black Founders Fund and GreenTec Capital Partners. Asilimia operates in a competitive market with competitors including Paytm, MoneyGram, NALA, CarePay and IPSL, among others.
- Headquarter Nairobi, Kenya
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Sectors
Financial Services
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Email
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.45 M (USD)
in 5 rounds
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Latest Funding Round
$100 K (USD), Grant
Sep 06, 2022
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Investors
Bpifrance
& 5 more
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Employee Count
Employee Count
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Funding Insights of Asilimia
Asilimia has successfully raised a total of $1.45M across 5 strategic funding rounds. The most recent funding activity was a Grant round of $100 thousand completed in September 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Grant — $100,000
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First Round
First Round
(05 Nov 2019)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2022 | Amount | Grant - Asilimia | Valuation |
investors |
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| Nov, 2021 | Amount | Debt – Conventional - Asilimia | Valuation |
investors |
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| Nov, 2021 | Amount | Seed - Asilimia | Valuation | Norrsken Impact Accelerator |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Asilimia
Asilimia has secured backing from 6 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Bpifrance, Black Founders Fund and GreenTec Capital Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Founded Year | Domain | Location | |
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Investment and operational support services for African entrepreneurship and ecosystems.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Asilimia
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Asilimia
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Asilimia Comparisons
Competitors of Asilimia
Asilimia operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Paytm, MoneyGram, NALA, CarePay and IPSL, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Digital payments, financial services, and e-commerce platforms are provided.
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| domain | founded_year | HQ Location |
Cross-border payments are enabled via wallet solutions for consumers.
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| domain | founded_year | HQ Location |
Cross-border remittances are enabled online for individuals worldwide.
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| domain | founded_year | HQ Location |
Provider of a health insurance platform for global insurers
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| domain | founded_year | HQ Location |
Functions as an inter-bank money transfer service provider.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Asilimia
Frequently Asked Questions about Asilimia
When was Asilimia founded?
Asilimia was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Where is Asilimia located?
Asilimia is headquartered in Nairobi, Kenya.
Is Asilimia a funded company?
Asilimia is a funded company, having raised a total of $1.45M across 5 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $1M, raised on Nov 05, 2019.
What does Asilimia do?
Asilimia was founded in 2017 in Nairobi, Kenya, within the fintech sector. An Android app is utilized for mobile payments, where cashback is earned on peer-to-peer M-Pesa transactions. Loan limits are determined based on accumulated cashback. Users are enabled to monitor received amounts and available loan capacities through the platform. Operations focus on Kenyas digital payment ecosystem.
Who are the top competitors of Asilimia?
Who are Asilimia's investors?
Asilimia has 6 investors. Key investors include Bpifrance, Black Founders Fund, GreenTec Capital Partners, Fredrik Jung Abbou, and Norrsken Impact Accelerator.