Resolving Kenya's Distressed Asset Crisis — Faster, Fairer, Transparently.
We empower CBK-regulated lenders, licensed auctioneers, and creditworthy buyers with a compliant digital platform that runs inside the existing legal timeline — resolving Non-Performing Loans without adding a single day to mandatory statutory obligations.
Kenya is facing a systemic NPL crisis, with the NPL ratio hitting a 20-year high of 16.4% and a gross NPL book of over KES 657.6 billion. When a borrower defaults, the traditional system fails everyone.
Statutory notices consume a mandatory 175+ days before a single bid is placed. Full resolution routinely takes 12–18 months.
Assets are valued at 75% of open market value from Day 1 — punishing the borrower before fees, legal costs, or advertising are even deducted.
The sole marketing channel is a print newspaper ad, resulting in a staggering 90% failure rate for auctioned properties.
Small, anonymous buyer pools at physical auctions enable bid collusion. Borrowers have zero visibility into who is bidding or why.
The 175-day statutory notice period cannot be shortened — but it doesn't have to be dead time.
AuctionIT Solutions runs a parallel private-treaty marketplace inside this legal window, requiring zero regulatory change, zero new legislation, and zero additional days added to your compliance obligations.
We turn mandatory waiting time into active deal-making time — for every party in the chain.
An integrated ecosystem designed for every stakeholder in Kenya's distressed asset market — from the moment of default to the final deal close.
The fastest, safest path from NPL to resolved — inside your existing compliance timeline. Activated the moment a 90-day Default Notice is issued, DiStressIT enables lenders to run an optional private-treaty sale, surfacing live CRB-verified offers from creditworthy buyers.
Stop listing to an empty room. Access Kenya's largest verified buyer pool. Designed exclusively for auctioneers licensed under the Auctioneers Act, AuctionIT provides a branded online storefront, digital marketing campaigns, and an immutable audit trail of every bid.
Kenya's best below-market-value property deals — verified, financed, transparent. A public marketplace aggregating private treaty and auction distressed asset listings, where buyers can discover, offer, and request financing from managing lenders — all in one place.
Achieve faster NPL resolution at better recovery rates — with full transparency, full compliance, and zero operational disruption to your existing workflows.
Increase your 10% auction success rate by accessing a massive, digital, CRB-verified buyer pool — with media-driven marketing campaigns at no additional infrastructure cost.
Get a genuine opportunity to sell your property at or near open market value before it goes to forced auction — avoiding the automatic 25% statutory haircut and excessive fees.
Kenya's best below-market-value property deals — all in one verified, transparent marketplace. Browse, offer, bid, and finance your next acquisition entirely online.
Zero regulatory change required. Zero additional days added to mandatory obligations. We simply activate a competitive digital marketplace inside the window that already exists.
Lender issues statutory notice. DiStressIT activates simultaneously. Asset goes live on BidonIT. Buyer enquiries begin immediately.
Second statutory notice issued. Private treaty offers continue. Lender reviews CRB-verified offers on the live dashboard.
Auctioneer instructed. AuctionIT listing goes live. Print ad placed with QR code — buyers scan and land directly on the digital listing.
Private treaty accepted → NPL resolved, borrower protected. No deal → transparent online auction with a verified, CRB-qualified bidder pool.
The core innovation: DiStressIT runs entirely inside the existing 175+ day statutory notice period. We add zero days to your compliance obligations — we simply give every party a dramatically better outcome within the same legal window.
We are a technology infrastructure provider — not a bank, not an auctioneer. Our platform is built to integrate seamlessly with Kenya's legal frameworks, not to circumvent them.
We operate entirely within the mandatory 90-day, 40-day, and 45-day statutory notice periods — without altering legal timelines, bypassing courts, or creating new obligations for any party.
Fully compliant with the Data Protection Act 2019 and Credit Reference Bureau Regulations 2020. Buyer creditworthiness is verified strictly with informed consent — no data is shared without authorisation.
We display both forced-sale and open market valuations on every listing — preventing information asymmetry and ensuring no party can manipulate pricing. Honesty is a product feature.
AuctionIT is exclusively available to auctioneers licensed under the Auctioneers Act. We strengthen the regulated industry — not disrupt it. Your licence, your brand, your client relationships.
We have proactively engaged the Central Bank of Kenya's Banking Supervision Department. Our position: AuctionIT Solutions is a technology infrastructure provider enabling lenders, not a credit provider requiring a separate licence.
Every bid, offer, CRB check, and deal event is timestamped and permanently logged. A full audit trail is available to lenders, auctioneers, and regulators at any time — complete accountability for every transaction.
We offer a free 90-day pilot for qualifying lenders and auctioneers — no long-term commitment required. If you are a lender with a real estate NPL portfolio, an auctioneer looking for a better buyer channel, a media company interested in a property marketplace partnership, or an investor evaluating Kenya's proptech space — we want to hear from you.
Thank you — we will be in touch within 2 business days.