The Work Index by Flexa

Watu Credit

Watu Credit is an asset financing company that provides loans for motorcycles and three-wheelers across Africa.

https://watuafrica.com/
5.8

/10

Transparency ranking

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Description

Watu Credit is an asset finance company revolutionizing mobility across Africa through financial inclusion. They offer loans for two and three-wheelers, primarily motorcycles and tuktuks, enabling entrepreneurs to access affordable transportation and create economic opportunities. With a focus on customer service and transparency, Watu strives to provide quick and simple loan approvals with flexible repayment options.

Their business model emphasizes empowering the unbanked and underserved communities in Africa. Watu is expanding its footprint across several African countries, actively promoting financial literacy, digital payments, and regulatory compliance. They are also committed to a cleaner and more sustainable future by financing electric motorcycles. Through training programs for boda boda operators, Watu aims to increase safety, professionalism, and profitability within the sector.

Flexibility

Watu offers a flexible work environment, as evidenced by their statement that they are committed to creating a collaborative environment of mutual respect where everyone feels safe and supported. This suggests a focus on employee well-being and a willingness to adapt to individual needs. The company further emphasizes their commitment to building a diverse team with a variety of backgrounds, skills, and opinions, implying a value for different perspectives and work styles. This combination of values and practices suggests that Watu is open to providing flexible work arrangements to suit their employees' needs.

Benefits

Watu offers its employees a competitive compensation package with benefits, opportunities for professional development and growth, and a dynamic and driven international team. Their diverse team includes 40% female employees, with an average age of 29 and over 10 nationalities who speak more than 25 languages. Watu strives to create a collaborative environment of mutual respect where everyone feels safe and supported, making it an inclusive equal opportunity employer.

Mission

Watu Credit is an Asset FinTech company revolutionizing mass-market mobility across Africa through financial inclusion and accessibility. By providing affordable and flexible financing for two and three-wheelers, Watu empowers entrepreneurs to become self-sufficient and positively impact their communities. The company is committed to promoting financial literacy and independence, embracing digital payments, and increasing regulatory and safety compliance. Watu is also actively working to promote clean and green mobility through the financing of electric motorbikes, paving the way for a cleaner and more sustainable Africa.

Disruptor
Environmental impact driven
Social impact led
Soonicorn
Sustainability
Tech for good

Culture

Watu promotes a culture of empowerment, integrity, and ownership. They believe in providing their clients with the tools to succeed, fostering an environment of honesty, transparency, and fairness for everyone. This culture extends to employees, with a focus on team building, diversity, professional development, and a healthy work-life balance.

Agile and dynamic
Collaborative
Engaging
Entrepreneurial
Fast-paced
People-first
Progressive
Supportive
Transparent

DE&I

Watu Credit is committed to building a diverse, equitable, and inclusive workplace. They actively work to create a collaborative environment where everyone feels safe and supported, regardless of their background, skills, or opinions. Their team boasts a variety of backgrounds, skills, and opinions, with 40% female employees and representation from over 10 nationalities who speak over 25 languages. They pride themselves on being an inclusive equal opportunity employer and hire exclusively based on merit and qualification.

Gender diverse

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