Watu Statement of Facts
As a responsible corporate citizen of Kenya and guided by its operating values and principles, Watu has shared the following statement of facts with the public.
Watu is an asset finance solutions provider powered by a robust digital engine geared at revolutionising mass-market mobility in Kenya and beyond through financial inclusion and accessibility. It is a subsidiary of Watu Africa, a multinational FinTech solutions provider with wider operations in DRC, Uganda, Sierra Leone, Tanzania, Nigeria, and Rwanda.
It is also committed to fostering national development and economic inclusion by providing non-bank financial services as it provides various asset finance solutions that allow underserved communities to access economic production opportunities.
All its solutions feature flexible repayment hire purchase products. The hire purchase price comprises the asset’s retail price and the value-added services.
They have financed more than 700,000 two and three-wheelers, allowing more than 2.1 million Kenyans to power their economic hustles as informal public transport solution providers.
All its clients have access to a dedicated customer service center to enable them to make the necessary queries and provide reports that require our corporate attention.
Throughout the past nine (9) years, they have been dedicated to making substantial contributions to the Kenyan economy, as well as to the welfare of our fellow citizens and the general public. Some of our specific contributions include:
Following the recent publishing of a draft National Electric Mobility Policy at Watu Boda, Watu has committed to finance the acquisition of more than 500,000 Electric Motorbikes by 2030.
At Watu, we take pride in our customer focus, and we are always available on various platforms to address all our customers’ needs. We have a fast turnaround score as all our operations are automated, and we aim to get your asset processed transparently within 2 hours, as we have no hidden fees; what you see is what you get!