Kenya’S Fintech Kwara Lands $4 Million In Seed Round From Breega, Softbank To Build Neobank For Credit Unions
Amount Raised
$4 Million
Round Type
Seed
Description
The Kenyan fintech Kwara was launched in 2019 to help credit unions (savings and credit cooperatives societies, SACCOs) in the East African country shift to digital platforms by providing them with its proprietary Back-end-as-a-service (BaaS) software.
Quick answer
Kwara raised $4 Million in a Seed round, dated December 9, 2021. Kwara is based in Nairobi, Nairobi County, Kenya.
- How much did Kwara raise?
- Kwara raised $4 Million in a Seed round on December 9, 2021.
- What does Kwara do?
- Kwara is a Nairobi and Berlin based startup turning credit unions into modern digital banks.
- Where is Kwara based and how big is it?
- Kwara is based in Nairobi, Nairobi County, Kenya.
Source: Fundz verified event record.
Who else raised in Financial Services and Software around the same time
Companies in the same sectors as Kwara that raised within 45 days of this round, from Fundz verified event records.
- Anchorage Digital raised $350M (Funding Round) on December 15, 2021.
- Anchorage Digital raised $350M (Series D) on December 15, 2021.
- nCino raised $926M on January 21, 2022.
- Vartana raised $57M on January 20, 2022.
- Shakepay raised $44M (Series A) on January 20, 2022.
- M2 P Fintech raised $56M (Funding Round) on January 20, 2022.
Who to call at Kwara, and when
A new round usually means Kwara is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Kwara raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Kwara, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Kwara. With Fundz connected, it knows.
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Fundz sees it the moment Kwara raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Kwara raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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