Deal Street

African Startup Funding Tracker

$3,561,929,000+

*Data updated daily at 18:00 EAT

Kenyan BNLP Startup UKL Secures USD 623 K Funding
Kenyan BNLP Startup UKL Secures USD 623 K Funding

Unchorlight Kenya Limited (UKL) has secured 90 million yen (USD 623 K) from Honda Trading and Skylight Consulting. Honda Trading is a trading company under one of Japan’s major automobile/motorcycle manufacturers while Skylight Consulting is a consulting firm affiliated with Tokyo-based IT outsourcing giant Transcosmos.

Unchorlight Kenya Limited (UKL) offers a BNPL (Buy Now, Pay Later) service called Zaribee, exclusively for “boda boda” motorcycle taxi riders in the Eastern African country. The company also sells insurance to riders, introduces mobility service jobs including motorbike taxis as well as conducts educational activities on safe driving.