Paylend, a Kenyan FinTech startup focused on providing access to finance and digitising MSMEs in Kenya, has raised USD2 million in seed investment from Next Chymia Consulting HK Limited, an Asian based company that provides blockchain applications, consultancy services and training to global entities.
Founded in September 2019, Paylend has digitised over 10,000 SMEs and growing with its users enjoying an array of services including access to credit for products and services and crowdfunding tools.
Paylend is an Adanian Labs startup, a Pan African smart technologies venture studio with a mission to build, nurture and scale 300 impact driven tech startups across Africa.