• SoshoPay operates in Zimbabwe, South Africa and Zambia, providing digital tools that support clean energy distribution and financing.

• The platform has supported more than 568 small and medium-sized enterprises, half of which are women-led, while tracking over $400,000 in assets.

• SoshoPay maintains a 98% payment success rate through a system that combines customer onboarding, payment monitoring and remote asset management.

Zimbabwean entrepreneur Simbarashe Gwenzi serves as co-founder and chief executive officer of SoshoPay, a technology company that develops digital tools for clean energy providers, distributors and financial institutions.

Founded in 2023 and headquartered in the United Kingdom, SoshoPay currently deploys its solutions in Zimbabwe, South Africa and Zambia. The company enables partners to manage the entire customer journey, from initial registration to payment monitoring and equipment usage tracking. Under this model, partners retain responsibility for financing, product distribution and customer relationships.

SoshoPay integrates customer registration tools, equipment monitoring systems and analytical dashboards to streamline operations. These features give financial institutions and distributors greater visibility into customer payment behavior and consumption patterns. As a result, partners can refine their services and make more informed strategic decisions.

In addition, the platform allows partners to remotely monitor financed installations, helping them optimize technical operations and reduce operational inefficiencies. SoshoPay also offers integration tools that connect directly with clients’ existing payment systems and software infrastructure.

The company focuses on strengthening the economic capacity of small businesses and has already reported measurable results. According to information published on its corporate website, the platform has supported more than 568 small and medium-sized enterprises, including a significant share led by women. The company also tracks more than $400,000 in assets and maintains a payment success rate of 98%.

Simbarashe Gwenzi has built a career that combines expertise in finance, risk management and technology. He earned a bachelor's degree in economics from the University of Zimbabwe in 2014. He later obtained a master's degree in actuarial science, risk management and insurance from the National University of Science and Technology in 2018.

Gwenzi began his professional career in 2012 as a credit risk analyst at KM Financial Solutions. He subsequently joined the insurance sector as a data analyst at Heritage Life in 2018. He then worked as a data analyst at retailer Verimark between 2020 and 2021.

Alongside his corporate career, Gwenzi pursued several entrepreneurial ventures. In 2016, he co-founded Nanosoft IT Solutions, a technology company that he led until 2021. He also founded YEC Fund, a microfinance institution that supports businesses, and currently serves as a board member of the organization.

This article was initially published in French by Melchior Koba

Adapted in English by Ange J.A de Berry Quenum