Shara
OperatingSME loans and instalment financing that help merchants grow by extending credit to their trusted customers
- FinTech
- Nairobi, Kenya
- Founded 2020
- shara.co ↗
- Employees
- 11-50
About Shara
Shara is a fintech that helps merchants grow by financing their trusted customers to buy now and repay in instalments, and by lending directly to small businesses. Its current offer targets Nigeria, where sole traders, partnerships and limited companies can get an estimate in seconds and apply through the Shara app for loans of up to NGN 10 million with no collateral. The company reports more than NGN 50 billion disbursed, over 100,000 loans and more than 7,000 businesses served.
Shara was founded in 2020 and employs between 11 and 50 people; the source record places it in Nairobi, while its website focuses on Nigeria. It is backed by Enza Capital, Future Africa, Norrsken22 and TLcom Capital.
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Frequently asked about Shara
- Where is Shara based and when was it founded?
- Shara is headquartered in Nairobi, Kenya and was founded in 2020.
- What sector is Shara in?
- Shara operates in FinTech, Lending and BNPL.
