Kenya · Information technology & services startup
Kenya · Kwara
Kwara is a fintech startup based in Nairobi and Berlin, founded in 2018.
Funding reportedLast round: Seed
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About Kwara
Kwara is a fintech startup based in Nairobi and Berlin, founded in 2018.
The company focuses on transforming Savings and Credit Cooperative Organizations (SACCOs) and credit unions into modern digital banks through its secure and scalable digital banking platform. Kwara aims to enhance financial health for the world's 3 billion underserved individuals, operating primarily in Kenya, with additional presence in the Philippines and South Africa. Kwara offers a Platform-as-a-Service (PaaS) that includes web and mobile banking capabilities, fraud detection, and self-service tools for both staff and members. Its flagship product is a digital banking platform designed specifically for SACCOs, featuring secure savings channels, mobile loans, and compliance tools to meet regulatory standards. As of 2023, Kwara serves over 200 credit unions and more than 200,000 end members, significantly impacting the financial landscape by facilitating an annualized transaction volume of €1 billion.
What company datasets say Kwara raised
Funding, as reported
Founders and team
From Kwara's own website: 1 founder, 3 on the team.
On 5 portfolio pages
Investors who name them
Verdant Frontiers Fintech Fund
SoftBank Vision Fund Emerge Program
Ground Squirrel Ventures
EarlyBird Venture Lab
E4EAfrica
Each firm lists Kwara on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.
The company, in detail
What they build
Known for
transaction feessecuritysavings credit cooperativemulti-channel accessdata protectionreservecomputer & network securityenterprisesmobile bankingsaccosavings toolscore bankinginformation technology & servicesfinancial servicesfinancesecurity protocols
Built with from their website
HubSpot Sales HubGoogle Tag ManagerWordPress.orgTailwind CSSApacheGoogle WorkspacePinterestCloudFlareViewport MetaRender
+8 more
TrustArcSite KitReadmeCloudflare WAFFacebook SDKGoogle MeetCloudFlare CDNZoho Recruit
- Sector
- Information technology & services
- Industry code
- NAICS 52232, 541512, SIC 7389, 7372
- Region
- Nairobi
- Full record
- Every detail in the company directory
Information technology & services in Kenya
Startups like it
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