Shield Finance leverages on mobile money to offer unbanked staff affordable salary advances on phones

Shield Finance is a FinTech company using proprietary technology while leveraging on Mobile Money to offer under banked employees affordable salary advances directly to their mobile phones.

Shield Finance targets about 3 million Kenyans in the formal sector employees, generating revenue on interest charged on salary advances. The company has a Pan Africa strategy.

Pitching at DEMO Africa 2015 The A-team of Shield Finance said they were looking to raise US $215,000.