LUSAKA, Zambia — Robust365, a financial technology company, is providing micro, small, and medium-sized enterprises (MSMEs) in Zambia with digital tools to improve financial management and adopt digital payments. The company was featured Tuesday as part of the #40Days40FinTechs Zambia and Malawi edition, highlighting its role in promoting financial inclusion.
Founded in 2019, Robust365 offers a platform that allows MSMEs to track quotations, invoices, income, and expenses in one system. The platform recently added a payment feature, enabling businesses to receive payments directly into their digital wallets when invoices are sent.
Fredrick Alban, co-founder and CTO of Robust365, said the 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, more than 500 businesses use the Robust365 platform. However, Alban noted that many MSMEs still depend on informal financial systems and are reluctant to switch 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.
Alban also pointed to technical limitations and low funding as factors slowing down Zambia’s broader digital advancement. He emphasized the need for more skilled developers and increased investment in local FinTech infrastructure.
He added that integrating systems like Mojaloop presents challenges due to technical gaps, but the desire for innovation is strong. “It’s not just about having money, it’s about having the right people to build systems that work for Africa,” Alban said.
Alban praised the #40Days40FinTechs initiative for providing a platform to showcase and support emerging FinTechs. “If this program continues, many start-ups still struggling today will grow into strong, impactful ventures,” he said.
Robust365’s work aligns with the goal of the #40Days40FinTechs initiative, which aims to highlight innovative African FinTechs that advance financial inclusion. The initiative has previously featured over 200 success stories from Uganda, Kenya, Tanzania, and Rwanda and is now expanding into Zambia and Malawi.
