Tausi is simplifying access to finance for the informal markets.

When a peacock is lying down, one can hardly appreciate its beauty. But when it stands and its wings are fully spread, it reveals one of the most beautiful color patterns. The same applies to digital data. Because data is unstructured and is everywhere, very few people get to appreciate its significance.

It is for this reason that a Tanzanian data science consultancy firm called AfroPavo Analytics introduced a product called Tausi, to reveal the beauty of Data.

Tausi, which means Peacock in Swahili, is an intelligent credit-risk scoring engine that quantifies the creditworthiness of a consumer through formal and informal data to a consistent scoring system.

“We are a start-up and currently rolling out different solutions. The easiest entry to the market was through B2B because it is easier to deal with clients [already] in this market. Most of our impact has been by enabling other FinTechs and other financial service providers to actually provide services and we are doing this through our model of credit scoring,” says Derick Kazimoto, the co-founder and CEO of AfroPavo analytics, the company that owns Tausi.

Besides the B2B approach, Tausi also has the B2B2C approach whereby they create products and then partner with mobile network operators and banks to deploy them to the market, with the sole objective of increasing the financial inclusiveness of people.

Some of their products include micro and small consumer loans, E-Money overdraft, mobile money and agent banking loans and airtime loans among others.

Based in Tanzania, Tausi by AfroPavo Analytics is participant number 45 in the 2022 40 Days 40 FinTechs initiative organized by HiPipo and partners.