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Credit should work for everyone. We're building that.

We help financial service providers see real incomes, formal or informal, so more people can get credit they can afford.

Trusted by
Institutions Across
Africa

SelcomFSD TanzaniaCRDBMwanga Hakika BankCredit InfoSelcom BankLOLCFINiStoreMtajiKimondoK-FinanceAELMshuma
SelcomFSD TanzaniaCRDBMwanga Hakika BankCredit InfoSelcom BankLOLCFINiStoreMtajiKimondoK-FinanceAELMshuma

What we build with our partners

Real credit outcomes,
built on dependable rails.

Five product areas. One platform. Each built on real income data so more people get credit they can actually afford.

05 product areas  ↓

01 / 05

Unsecured digital lending

Credit decisions made from live transaction and mobile money data, not payslips. Built for salaried, gig, and informal earners who have real income but no paper trail.

Our engine reads 90 days of income and spending patterns to determine repayment capacity. Decisions take under two minutes and funds land directly in the borrower's mobile wallet.

Unsecured digital lending

For

Salaried workersGig workersInformal earners

< 2 min

Average decision time

02 / 05

Embedded credit

Unsecured digital lending delivered inside a partner's own ecosystem. We use the partner's proprietary data to make credit decisions for the customers they already serve.

The lending layer sits natively within the partner product. Customer transaction flows, utility records, and mobile money history replace traditional bureau data, extending credit to people who are already active on the platform.

Embedded credit

For

TelcosBanksDigital platforms

3× higher

Conversion vs redirected flows

03 / 05

Buy now, pay later

Instalment credit offered at the point of purchase, sized to what the buyer can genuinely afford based on verified income and spending data.

We assess repayment capacity before approval rather than after, so merchants see higher conversions and borrowers receive instalments they can sustain over the full term.

Buy now, pay later

For

RetailersE-commerce platformsMerchants

↑ 40%

Average basket size

04 / 05

Device, vehicle and asset financing

Asset-backed financing for phones, vehicles, and productive equipment. Powered by Kopagari, Black Swan's dedicated credit brand for productive asset lending.

Income verification against live cashflow data ensures repayment schedules match what each borrower can actually sustain from day one, not just what they state on an application.

Device, vehicle and asset financing

For

Individual buyersSME operatorsAsset dealers

Asset-backed

Lower default risk

05 / 05

Working capital for MSMEs

We help lenders make fast, confident credit decisions for small businesses by rapidly analysing their financial statements and business cashflow data.

Key signals from business accounts, POS data, and payment rails are surfaced quickly so a lender can size a working capital facility in hours. Repayment structures align to the operating cycle of the business.

Working capital for MSMEs

For

BanksMFIsCredit funds

Hours

From statement to decision

The Technology

One platform. Three capabilities.

Decisioning and credit intelligence

Helps institutions understand how people earn, spend, and repay, so credit decisions are faster and more accurate.

Affordability and open finance

Allows borrowers to safely share their financial activity across institutions, with their consent, so lenders can assess affordability using real income and spending data.

Credit discovery and matching

Connects people to the right lenders for real needs like phones, vehicles, and equipment.

Supported by Investors and Donors
FunguoTanzaniaUNDPCOSTECHMEST AfricadeveloPPPEuropean UnionUK AidSuomi Finland
FunguoTanzaniaUNDPCOSTECHMEST AfricadeveloPPPEuropean UnionUK AidSuomi Finland
What Our Partners Say

Hear from the teams using Black Swan to build and scale credit with confidence.

“Black Swan has strengthened how we design and scale digital credit at Selcom. Their expertise in credit-risk scoring, risk management and product delivery makes them a partner you can trust to execute.”

Farha Mohammed

Head of Products, Selcom

“With Manka, I can analyze files in minutes and gain a detailed understanding of statements with a level of accuracy and speed that was previously impossible.”

George

Credit Officer, K-Finance Limited

“With the speed and quality of processing customer financial data, we've been able to reduce the likelihood of issuing non-performing loans.”

Victoria

Credit Officer, Kimondo Financial Services

Frequently Asked Questions

Ready to build smarter credit?

If you're a financial institution or platform looking to expand credit responsibly, we'd be glad to explore a partnership.

© 2026 Black Swan. All rights reserved.