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Making precious SME credit data accessible.

SmartPesa Credible puts business credit data onto the Blockchain in a way that is private and owned by Merchants.

Data is valuable. Especially for SME businesses who struggle to obtain financing due to a lack of trustworthy credit data. Approximately 40% of all SMEs cannot obtain access to vital credit: a funding gap of over $5.2 trillion per annum. That is why we have created SmartPesa Credible ("Credible").

But unlike traditional credit bureaus who look to monetize other people’s data, Credible gives ownership and control directly to the merchants themselves. They get paid for their data and they can opt out of the system altogether. All payments are in PESA tokens.

Everyone wins:

  • SMEs: easier to obtain loans and can monetize their data
  • Lenders: lower transaction cost and better risk metrics
  • Trade partners: less due diligence required and stronger relationships
  • Institutions: more efficient workflows
  • Society: drives financial inclusion
  • The Credible Ecosystem

    Our blockchain solution solves the sharing of business credit data across institutions in a controlled, secure and economic way

    Democratizing Credit Data

    Merchant do not need to change their behaviour. Merchants go about their business in the same way as they always have – we take on the role of unlocking this valuable data and making it available on a blockchain in a private and secure method. It is the accumulation of KYC and transactional data over time that builds a strong and useful credit history.

    Advantages of Blockchain

    Credible is larger than just SmartPesa – we actively encourage all banks, insurers, FinTechs, government and trade partners to also contribute and verify data. A new community drive architecture:

  • Distributed credit databases
  • Open blockchain for contribution
  • Intuitive Mobile Apps for merchants
  • APIs for buying and retrieving data
  • dApp web portals for querying data
  • Credible is and will always be completely open source. Our vision is an open ecosystem of data requestors, data contributors and developers.

    Our Solution

    Changing credit data ownership with Credible

    Credible allows businesses to keep control over their own credit information. Each merchant has an own wallet. Merchants sell their data for tokens, use tokens for verification services, and pledge tokens as loan collateral.

    We have already achieved a great deal in our 4 years to day. With help from our teams and contributors we shall be successful in reaching our future milestones.

    Token Sale

    Data requestors will use the PESA token to transact with data owners for access to their credit data. These tokens will be issued as Ethereum ERC20 tokens.

    Total token supply


    Tokens for sale


    Public Sale Start

    15th September 2018

    Public Sale End

    15th October 2018

    Soft Cap


    Hard Cap


    Pre-Sale Discount


    Public Sale Discount


    Accepted currencies

    ETH, BTC

    Token price


    Credible token sale is now in private sale.

    Interested retail token purchasers can join the crowdsale whitelist.

    Initial Token Distribution


    Sale Proceed Allocation

    *All Early Backer tokens are locked up for four (4) months. All Staff allocations are locked up for two (2) years. Disbursements are controlled by smart contract.
    Tokens will be allocated for Community Development to bounty and incentive based promotion.

    The Roadmap

    With help from our teams, contributors and token purchasers these are the milestones we are looking forward to achieve.

    Token Model

    Credible in an blockchain with a token model to allow merchants to monitize their data. The token creates an incentive for all participants.

    Credible puts the token at the heart of the ecosystem with both demand (requestors) and supply (data providers) participating actively in the token exchange.

    All transactions across Credible take place in SmartPesa Credible Tokens (PESA). Merchants receive Tokens from 3rd parties for accessing their data. Merchants pay Tokens to Verifiers for attestation, and pledge tokens as collateral for loans. Investors can Buy and Sell Tokens through SmartPesa CryptoATM at their nearest Merchant.


    The Leading Team

    The SmartPesa Team has demonstrated expertise in engineering, technology, bank integration, and high performance real-time systems.

    Barry Levett
    CEO & Co-Founder
    Cat Williams-
    Chief Marketing Officer
    CTO & Co-Founder
    Shlomi Podgaetz
    Phuc Nguyen
    Cryptography &
    Blockchain Engineer
    Trung Nguyen
    Backend &
    Blockchain Engineer
    Shaik Ashiq
    Android & iOS Engineer
    Malvin Sutanto
    Senior SDK Engineer
    Jun Azuelo
    Operations Manager
    Huỳnh Thái Tâm
    Senior Developer
    Hoang Anh Vu
    Payment & Cryptography Specialist
    Jovin Tay
    Head Of Engagement

    Expert Advisors

    CGAP Consultant, SUSS Fellow, Travelkhana

    Matteo Chiampo

    CGAP Consultant, SUSS Fellow, Travelkhana

    Passionate about ideating, starting and growing ventures that solve complex operational problems at the interface between online and offline world.

    Matteo brings to market products and services to solve real pain points. He admires true technologists who make innovation happen, and he like to keep myself abreast of the latest trends.

    Cryptocurrency Fund Manager, Blockchain Technologies

    Ville Öhman

    Cryptocurrency Fund Manager, Blockchain Technologies

    Co-founder and Fund Manager of the Cryptocurrency Balanced Large Cap Fund SP. CBLC is the first Fund globally to launch with top tier service providers for audit, banking, custody, administration, tax advice, cyber security, insurance and legal compliance. Fund Management team is licensed by the Monetary Authority of Singapore and the Fund is regulated by the Cayman Islands Monetary Authority

    Entrepreneurial Business Leader, Investment
    Ali Hussein
    C-Level Executive, Financial Inclusion advocate, FinTech

    Ali Hussein Kassim

    C-Level Executive, Financial Inclusion advocate, FinTech

    C-Level Executive engaged in technology, passionate about learning, financial inclusion and FinTech. Focused on the opportunities in Africa. Holds board level appointments in both For-Profit and Not-For-Profit organisations. Mentors young Techpreneurs around the Tech Start Up belt in Nairobi, Kenya - #OffNgongRoad.

    Roy Lai
    CEO and Co-Founder, InfoCorp and SentinelChain

    Roy Lai

    CEO and Co-Founder, InfoCorp Technologies Pte Ltd

    Roy is a seasoned senior executive, with investment banking, foreign exchange trading and inter-bank payment subject matter expertise. A natural innovator in financial technologies, he is instrumental in the real-time payment network across 14 Singapore banks. Founded SentinelChain ($SENC) to create a blockchain-based international marketplace for cross-border financial services and the world’s first platform to accept the use of livestock as collateral.

    Dr Rex Yeap
    Partner of Invention Capital, Inventor of IP Blockchain

    Dr Rex Yeap

    Partner of Invention Capital, Inventor of IP Blockchain

    Dr. Yeap has three decades of experience across the Information Technology value chain that spans industry, government and academia. He is the co-inventor of the patented IP Blockchain and has over 20 Information Technology related patents and thousands of inventions over the past three decades, see http://ye.sg/patents.

    Dr. Yeap is also the head of Education in the Singapore Cryptocurrency and Blockchain Industry Association. Over the past decades his angel investment portfolio includes early stage technology companies mostly in the Information Technology space and increasingly Fintech space.

    Blockchain Network

    Own blockchain network to distribute data between geographically spread nodes while ensuring global data consensus

    Credible is an infrastructure. It is own blockchain network for public access, data contribution and querying.

    Credible use blockchain in a novel way to store cryptographically secured data. Tendermint validators ensure Byzantine-fault tolerance across all nodes.

    We adopt MongoDB as our storage layer in a noSQL database allowing for flexible JSON data models for hierarchy and classification, and querying across large datasets.

    In the spirit of community, we encourage collaboration and welcome suggestions to improve the design and flow of Credible. Our code and design is and will always be open.


    Media Coverage

    Articles and press coverage in media and project reviews

    Frequently Asked Questions

    Below we’ve provided information about SmartPesa Credible, Token, and blockchain clarifications. If you have any other questions, please get in touch on the direct channels.

    What is SmartPesa Credible?

    SmartPesa Credible is permissioned secure blockchain network built by SmartPesa specifically for SME credit data in emerging markets, looking to disrupt the incumbent credit bureaus and inefficient loan processes.

    The Use of Tokens?

    All payments for data creation, validation and accessing of data SmartPesa Credible blockchain is settled in PESA tokens (“Tokens”). For example, payment for access to Merchant data is settled in Tokens Merchants while Merchants can use Tokens Data Origination and Validation services. Merchants can also pledge Tokens as collateral or sell using the SmartPesa CryptoATM

    How is the Token Sale priced and settled?

    Tokens are priced in USD and payment can be made in ETH or BTC. The exchange rate is dynamically determined at the time of placing the order on our Token Sale website. There is no subsequent adjustment for changes in the value of ETH or BTC.

    How can I participate in the Token sale?

    Interested token purchasers can participate in the Token Sale through this website by clicking on the Token Sale button on this page and completing the registration and KYC steps. Terms and conditions apply.

    SmartPesa existed prior to Token Sale?

    Yes, SmartPesa is a FinTech that is in its 5th year of operations during which time, we built a great team, solid product and deployed in 5 countries with banks and acquirers.

    What benefit is the backing of SmartPesa?

    We are a business with long contracts, real banks, real users, hundreds of thousands of transactions monthly and real revenues. This gives credibility to the team backing Credible with experience to roll-out and operational experience.

    Has SmartPesa worked with blockchain?

    SmartPesa started following blockchain in early 2017. We did research and development on cryptocurrency payments, and filed a patent (with iPOS). Our team is familiar with nodes, confirmations, wallets and the underlying cryptography.

    Why is SmartPesa adopting blockchain?

    SmartPesa Credible is bigger than us. We have the right team and the data to kick it off but want all financial institutions to participate. This distributed data gathering, verification and consumption model lends itself to Blockchain.

    How will Tokens be used for Credible?

    Tokens are used for all payments on the blockchain including data creation, validation and consumption. The total supply is fixed and any unsold tokens will be burnt. Even as the data on the blockchain grows in size, the number of Tokens will never increase.

    Can Tokens be used for other purposes?

    Yes. SmartPesa will facilitate escrowing of Tokens for purposes of loan collateral. SmartPesa will put the Tokens as the preferred cryptocurrency in its own Apps on both CryptoPay and CryptoATM.

    What is the token model?

    Tokens are used by requestors to buy data. On data request, the token is transferred to the data owner who can hold it, hord it, or sell it. While the pricing is dynamic, requestors will be acquiring tokens for their purchasing of credit data

    Merchants will hold tokens?

    Yes, their incentive is to montetize their data. Businesses and merchants will receive tokens and use for verification, or sell them. This brings supply and demand on both sides ot the transaction.

    Is the Token Sale automated?

    Yes, the Token Sale is run through an online portal tracking the available tokens for sale, the exchange rates of accepted investment currencies, and the transactions of each purchaser.

    Are there different sales stages?

    We want to keep it simple. No frills or desperate sales tactics. Early token purchasers in pre-sale assist our project to reach our softcap, and we require a certain minimum commitment for these placements.

    When does the Token Sale start?

    The Token Sale has started. We are working with stratic purchasers on the support and backing of the Credible blockchain. Dates for pre-sale and a public crowdsale will be announced in due course.

    When will tokens be unlocked?

    While SmartPesa makes no guarantees at this stage, our efforts will be to release tokens within 10 days from end of public sale. Since we have prototypes and MVP, the token should be put in the hands of token purchasers and merchants.

    Are you GDPR compliant?

    Yes. We were fully aware of the 25 May deadline. All our call to actions, signups and online forms are GDPR compliant with discloures and checkboxes for voluntary subscription to future communication.

    Are there restricted countries?

    Yes, we have to abide by the local and international laws of the respective regulations promulgated under the MAS Act, United Nations Act, and the Terrorism (Suppression of Financing) Act.

    Contact Us

    Get in touch! Contact us by online form or directly at the headquarter: