online web builder

Sikoba - DeFi for the real world

Sikoba is a blockchain-based system for registering, tracking and clearing debt.

We overcome the limitations of informal credit.

 IOU = "I owe you", an acknowledgement of debt

Informal credit is when IOUs are used instead of cash. This is widely used in developing
countries, but often in an inefficient way.


Sikoba overcomes the limitations of informal credit:

Because debt is registered on a blockchain, users obtain legal certainty and are able to establish a credit history

Users can transact beyond their immediate circle of trust, as SikobaPay identifies trusted intermediaries

SikobaPay automatically clears circular debt, thus reducing the need for cash settlement

SikobaPay is designed to enhance, expand and automate these age-old mechanisms of transacting by using credit lines

Sikoba in a nutshell

Have a look at a one-minute introduction to Sikoba by its founder, Alex Kampa. For more details, please check our deck. For more videos visit Sikoba User Resources page.

Sikoba Cooperation Partners

For more videos check our YouTube!

How it works:


Create an account


Connect with your usual business partners


Grant and receive credit lines


Decide when to allow your business partners to use
your credit lines via credit conversion


Pay or Request payments


Watch as your credits and debits are cleared automatically!

Subscribe to our Newsletter

Use Cases

Sikoba can be used as a generic platform for various financial use cases.
A few use cases are listed below—for more information, check our Partners page.

Setting up local currencies is a natural use case for SikobaPay. We aim for an easy set-up that will make it possible to start a local currency even for very small communities.

SikobaPay can help to jump-start local economies. Once people realise that bank money is not absolutely necessary and have a tool for keeping track of mutual credits and debits, even primitive economics may get a boost.


Instead of distributing cash, beneficiaries get a “credit” in the SikobaPay app, which they can use directly for purchases, withdrawal, or for sending to other SikobaPay users.

When artisans and merchants start using their own credit on the SikobaPay platform for local trade, their reliance on micro-credits may decrease. But SikobaPay can also be used as an efficient tool to manage micro-lending, reducing operational costs.


© Copyright 2020 Sikoba Ltd - All Rights Reserved