Manka

Manka is a financial technology company, operating under Black Swan, that provides advanced tools for Financial Service Providers (FSPs) to conduct precise credit risk and financial health evaluations. Headquartered in Tanzania, with an office located on the 15th Floor of Morocco Square on Mwai Kibaki Rd, Manka aims to transform access to credit by delivering clarity and actionable insights from complex financial data. The company is registered as a Data Controller with the Personal Data Protection Commission of Tanzania (Registration Number 0-000-000-049, issued May 24, 2024), ensuring compliance with the Personal Data Protection Act, No. 11 of 2022.Manka offers a suite of intelligent capabilities designed to enhance lending operations, focusing on precision, speed, and scalability. Key features include AI-Credit Scoring, which provides detailed financial analysis to assess a customer's creditworthiness, affordability, and risk levels for quicker lending decisions. Its Fraud Detection system accurately identifies tampered financial e-statements, helping businesses mitigate potential risks. The platform also performs comprehensive Financial Analysis, extracting over 300 data points from a single e-statement and presenting them as clear, intuitive visuals for a holistic financial overview.Furthermore, Manka streamlines the data sharing process through Automated Statement Submission. This secure system allows borrowers to request statements directly from their financial providers, which are then sent to the institution where they are applying for credit. The data is instantly analyzed, with results delivered within minutes—eliminating manual steps and ensuring a secure, efficient workflow. Manka's tailored solutions cater to various enterprises, including Financial Service Providers (MFIs and Banks) for underwriting and due diligence, Digital Lenders for improved efficiency, FinTechs for innovative financial product development, FMCGs offering Buy Now, Pay Later (BNPL) solutions with instant affordability assessments, and Development Partners/NGOs/Public and Private Entities working towards financial inclusion and economic growth in underserved communities.