07/01/2025
We are excited to announce that Zimba Technologies officially partnered with Scorpion Zambia Limited in November of last year. Scorpion, a leading Zambian-owned financing and asset-based lending company, specializes in providing solutions for home power equipment, making sustainable energy accessible and affordable for Zambians.
Through this strategic partnership, Scorpion Zambia has launched two lending products powered by Zimba's microfinance platform:
Asset Financing Loans for Energy Products: These loans help individuals and businesses purchase solar panels and green energy equipment, easing the transition to sustainable energy.
Traditional Microfinance Loans: Flexible loans tailored to employees and small businesses, fostering financial inclusion.
These products are set to benefit hundreds of thousands of employees from major brands Scorpion has partnered with, expanding financial services and supporting clean energy adoption.
This collaboration reflects the shared commitment of Zimba Technologies and Scorpion Zambia to drive innovation, empower communities, and promote economic growth. By combining Scorpion's financing expertise with Zimba's technology, we are revolutionizing access to financial services and contributing to Zambia's green energy future.
Isaac Were, CEO of Zimba Technologies, emphasized the importance of African-driven innovation:
"We are excited about this partnership, which showcases our technology built by Africa, for Africa! Together with Scorpion Zambia, we are driving a narrative of homegrown innovation making a tangible difference in the financial and energy sectors."
Arun Perumacraja, CEO of Scorpion Zambia, added:
"Our partnership with Zimba Technologies provides a robust platform to deliver value to customers and scale our mission of providing sustainable, accessible financing solutions."
This partnership underscores the transformative potential of collaboration in addressing Africa’s challenges, setting a new standard for fintech and energy solutions on the continent.
