Gigmile is an asset financing and fleet management vendor for the African gig economy. The company sells motorcycles, tricycles, and cars to delivery drivers through rent-to-own contracts and subscription plans. It collects recurring payments from workers for asset use and generates additional revenue by selling them insurance and maintenance packages and issuing microloans.
Gigmile also rents fleets of equipped riders to logistics and delivery businesses. Gigmile charges these corporate clients for instant access to drivers and vehicles. It manages the maintenance and labor logistics to ensure continuous billing. This model captures revenue from both the workers paying for their tools and the companies paying for the labor force.
Founders:
Kayode Adeyinka, Samuel Esiri, Aaron San-Yuo
