topmeup.
Is an account-based platform that enables financial health for micro-merchants in Africa. It was launched by Correlaction in 2020.
topmeup removes budgetary constraints for micro-mercants, allowing them to use pre-approved overdrafts to extend their sales capacity with minimised risks of over indebtedness. By providing closed-loop credit to micro merchants, topmeup creates sustainable value for every actor in the retail value chain.
The physical cash entering the financial value chain is converted to digital money, facilitating digital payments in the order-to-cash cycle
Retailers.
At Correlaction, we aim to make a social impact by empowering small businesses and individuals to unlock their potential and be the best they can be. Explore some stories from some of our loyal clients.
Edwin Ndirangu
Shop Name: Pemaa shop
“Now I don’t pay on the spot and I can order my stock any day. I can pay after 2 weeks. When the stock is delivered I receive an SMS immediately reflecting the amount I used to purchase my stock. topmeup is life changing”
Virginia Kamau
Shop Name: Newlife shop
“I’m given a 2 weeks window to pay. Within those 2 weeks I’m able to stock my shop with other products and also I can pay school fees”
John Muoria
Shop Name: Goodwish shop
“Earlier on I faced some challenges. My fridge would remain empty until the day I get funds. Since topmeup came, I can stock more soda without worries and I pay slowly without pressure. When you have 10.000 shilling, you can use it to do other things like pay school fees first”
Suppliers.
At Correlaction, we aim to make a social impact by empowering small businesses and individuals to unlock their potential and be the best they can be. Explore some stories from some of our loyal clients.
First topmeup Pilot
Contact Job title: Director
Supplier Name: Kisengo Distributors
“topmeup has really improved the general business of the area. We are doing more volumes and it has reduced our costs as well. Both the retailer and the distributor are benefiting. What I suggest to Correlaction is to bring more customers onboard through the topmeup program. The support I am receiving from Correlaction is amazing”
