Swipe is building credit for SMB’s in Africa. Swipe uses a companies receivables and cash flow to provide them instant access to credit by providing modern billing/expense tools to manage the business and no collateral or personal guarantees. Currently 86% of African SMB’s have zero access to formal credit. In Africa there are now 3.7m creditworthy SMBs with annual sales over $300k making this a $31b market opportunity for Swipe in Africa by providing proprietary data, scalable underwriting, first position in payment, and a technology-led distribution. The company was founded by Jesse Ghansah a 2nd time Y Combinator founder who built a consumer media company which grew from 0 to 6m users and $700k in revenue in under 2 years.