Kyosk is a tech-led company that connects informal retailers and other similar outlets directly to fast-moving consumer goods companies (FMCGs) by communicating demand from retail outlets directly to FMCGs and their distributors and managing the delivery of the goods to the retailers.
Our digital-first platform ensures that retail outlets get access to stock at competitive prices and have them delivered directly to them. FMCGs find the traditional distribution chain to be inadequate as well, making it expensive for them to serve kiosk-type retail outlets, leading to high incidences of product stock-outs and lost sales opportunities. By providing FMCGs with good data visibility, we solve this major problem of theirs.
Kyosk also applies technology to bring financial inclusion to millions of informal retailers and consumers across Africa. By developing and leveraging fintech innovations, we constantly improve how we collect and reconcile payments for goods, driving towards 100% digitized payments.