# Ramani.io

> Ramani.io is a Tanzania-born, San Francisco-incorporated B2B fintech digitizing the micro-distribution layer of Africa's consumer-packaged-goods (CPG) supply chain. It hands point-of-sale, inventory and procurement software to thousands of micro-distribution centres (MDCs) that move products from brands like Coca-Cola, Diageo and AB InBev to corner shops, then uses the real-time sales and inventory data to underwrite working-capital financing. A Y Combinator alumnus that raised a $32M Series A in 2022 and holds a lending license from the Bank of Tanzania, Ramani is now evolving into a financial marketplace and B2B e-commerce platform connecting banks, brands and resellers.

- **Founded:** 2019
- **Headquarters:** Dar es Salaam, Tanzania (incorporated in the United States)
- **Founders:** Iain Usiri (Co-founder & CEO (ex-Salesforce PM, Stanford CS)), Calvin Usiri (Co-founder & CTO (ex-Capgemini, Trinity University - Economics & CS)), Martin Kibet (Co-founder & COO)
- **Team size:** ~70-71 employees
- **Products:** Merchant Management System (POS & Inventory), Procurement Platform, Supply Chain Financing / Working Capital, Financial Marketplace, B2B E-commerce Platform
- **Notable:** Y Combinator Winter 2020 alumnus, Raised a $32M Series A in November 2022 (equity + debt), Acquired a lending license from the Bank of Tanzania

## Products & services

- **Merchant Management System (POS & Inventory)** — Cloud-based, offline-capable point-of-sale and inventory management software for micro-distribution centres, with real-time sales tracking, stock tracking, geo-fencing, check-in history, sales targets, rewards and discounts.
- **Procurement Platform** — Tools that let MDCs order and restock from FMCG brands and distributors, digitizing what was a paper-and-phone process.
- **Supply Chain Financing / Working Capital** — Inventory financing with delayed payment terms and short-term (e.g. 30-day) credit, underwritten using the platform's real-time sales and inventory data. Backed by a lending license from the Bank of Tanzania.
- **Financial Marketplace** — A marketplace connecting banks (Stanbic, Tanzania Commercial Bank) and capital partners with MDCs, letting third-party lenders fund supply-chain credit at scale.
- **B2B E-commerce Platform** — An evolving platform where resellers buy inventory directly from brands - the company's strategic pivot from direct lending toward marketplace-style commerce.

## Achievements

- Y Combinator Winter 2020 alumnus
- Raised a $32M Series A in November 2022 (equity + debt)
- Acquired a lending license from the Bank of Tanzania
- Reported ~$72M in goods sold through the platform in its first reported year with 68% month-over-month GMV growth
- Facilitated over $210M in cumulative loans, average loan size ~$47,000
- Onboarded Stanbic Bank and Tanzania Commercial Bank as marketplace capital partners
- 136% month-on-month growth in marketplace disbursements ($5M disbursed within a few months)

## Latest updates

- **2025-04** — Tanzania Commercial Bank joined Ramani's financial marketplace as its second capital partner (after Stanbic), expanding supply-chain financing for SMBs; marketplace disbursements grew 136% month-on-month.
- **2025-01** — Ramani accelerated its transition from direct lending toward a B2B e-commerce platform, targeting a fuller shift by mid-2025.
- **2024-01** — Stanbic Bank Tanzania became Ramani's first marketplace capital partner for supply-chain financing.
- **2022-11** — Closed a $32M Series A led by Flexcap Ventures and Jared Schreiber, and secured a lending license from the Bank of Tanzania.

## Links

- Website: https://ramani.io
- LinkedIn: https://www.linkedin.com/company/ramani-io
- Twitter/X: https://twitter.com/ramani_io
- GitHub: https://github.com/ramani-io
- Instagram: https://www.instagram.com/ramani.io/

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Profile page: https://yespress.io/ramani-io
Published by YesPress — https://yespress.io
Last updated: 2026-06-13