#40Days40FinTechs Zambia and Malawi Edition – Day 26
In the heart of Zambia’s digital transformation, Robust365 is equipping micro, small, and medium-sized enterprises (MSMEs) with tools to manage their finances more efficiently and embrace digital payments.
Featured on Day 26 of the #40Days40FinTechs Zambia and Malawi edition, Robust365 is proving vital in the journey toward financial inclusion.
Founded in 2019, Robust365 offers a comprehensive financial management platform that allows MSMEs to track quotations, invoices, income, and expenses all in one place. More recently, the platform introduced a payment functionality, enabling businesses to receive payments directly into their wallets when invoices are sent out.
Fredrick Alban, Co-founder and CTO of Robust365, explained:
“Our system not only helps businesses manage their finances but also facilitates payments. It’s all about convenience and helping small businesses take control of their growth.”
Currently, over 500 businesses are using the Robust365 platform. However, Alban noted a significant barrier: most MSMEs still rely on informal financial systems and are hesitant to transition to digital tools.
“We are actively educating these businesses on the value of digital records and how it can unlock credit, market access, and efficiency,” he said.
Technical limitations and low funding are also slowing down Zambia’s broader digital leap. Alban emphasized the need for skilled developers and greater investment in local FinTech infrastructure.
He added that even though integrating systems like Mojaloop remains a challenge due to technical gaps, the desire to innovate is strong.
“It’s not just about having money, it’s about having the right people to build systems that work for Africa.”
Alban applauded the #40Days40FinTechs initiative for creating a platform to showcase and support emerging FinTechs.
“If this program continues, many start-ups still struggling today will grow into strong, impactful ventures.”
Robust365’s work aligns closely with the mission of the #40Days40FinTechs initiative — to spotlight innovative African FinTechs that promote financial inclusion.
The initiative has featured over 200 success stories from Uganda, Kenya, Tanzania, and Rwanda. By expanding into Zambia and Malawi, it continues to drive inclusive finance across the continent.
