Overview & Identity

Name: SimplePay Capital Limited

Headquarters / Main Office: Suite 701, 7th Floor, Westside Towers, Lower Kabete Road, Westlands, Nairobi, Kenya

Presence / Expansion:

Kenya — primary operations with multiple branches

Uganda — subsidiary or operational presence

Tanzania — operating under “SimplePay Capital Financial Services Tanzania Ltd.”

Business Model & Products / Services

SimplePay Capital positions itself as a financial services and microfinance firm with a focus on accessible lending solutions. Its offerings include:

Product / Service Description
Logbook Loans Asset-backed lending using vehicle logbooks as collateral, allowing borrowers to retain ownership while accessing capital.
Asset Finance Financing for vehicle and asset purchases, tailored according to specifications such as age and condition.
SME Loans Collateral-backed lending for small and medium enterprises, based on financial evaluations and security such as title deeds or logbooks.
Micro-lending Small-scale loans designed for traders, artisans, and small business owners.
Corporate Social Responsibility / Foundation Activities through the SimplePay Foundation, focusing on education, women’s empowerment, and community development.

Additional emphasis is placed on flexibility, speed, and personalized service in loan processing and customer relations.

Track Record & Reputation

Employee Feedback: Reviews suggest a fast-paced work environment, with some challenges around workload and pressure, but opportunities for growth.

Hiring & Growth: The company actively recruits in Kenya and Tanzania for roles such as loan officers and collections staff.

Regulatory Standing: No publicly reported legal or regulatory infractions have been noted in open sources.

Loan Rates: SimplePay markets its lending products as competitively priced, though terms and conditions may vary depending on product type.

Strategic & Social Impact

Women’s Empowerment: Support programs offering training, financial literacy, and access to loans tailored for women entrepreneurs.

Community Programs: Initiatives include health and education drives, such as eye care camps and distributing study materials for children.

SME Support: Encourages growth of small businesses through financial inclusion and accessible capital.