Umba Digital Bank acquires a majority stake in Daraja Microfinance Bank
Umba, a digital bank in Nigeria, has bought a majority share in Daraja, a microfinance bank in Kenya, for an ...
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Tag: Kenya tech news
Kukua, a Kenyan educational entertainment startup, has raised $6 million in funding
Kukua, an educational entertainment company based in Nairobi and London and the creators of "Super Sema," the first African animated ...
MTek, a digital insurance company in Kenya, raises $3 million
Kenyan insurtech company mTek has received an additional investment commitment from African-focused fintech platform Finclusion Group totaling $3 million to ...
Crossboundary, based in Kenya, receives $25 million for solar mini-grids in Africa
Crossboundary Energy Access (CBEA), a Kenya-based mini-grid infrastructure fund, has raised $25 million in funding from ARCH Emerging Markets Partners ...
M-Pesa from Safaricom and Visa to offer virtual card for international transactions
M-Pesa, Kenya's Safaricom's mobile phone-based African money transfer service, and Visa have created a virtual payment card in an attempt ...
Victory Farms, a Kenyan aquaculture startup, has received $5 million in funding to expand its operations
Victory Farms, a tilapia fish farm and aquaculture firm in Kenya, has raised $5 million in new capital. Ed Brakeman, ...
Zuri Health raises $1.3 million in the pre-seed round
Zuri Health, a mobile-based digital healthcare startup, has announced that it has raised $1.3 million in funding to grow across ...
Apollo, a Kenyan agritech startup, has raised $40 million in Series B funding
Apollo, a Kenyan agritech startup, has raised $40 million in a Series B funding round headed by Softbank Vision Fund ...
Powered by People, a Kenyan company, has received $5 million in funding to expand its wholesale eCommerce platform
Susa Ventures and Golden Ventures led a $5 million seed round for Powered by People, a Kenyan wholesale e-commerce platform, ...
President Kenyatta applauds the United Arab Emirates’ plan to set up an Innovation and Entrepreneurship Centre in Kenya
The initiative by the United Arab Emirates (UAE) to create an innovation and entrepreneurship center in Kenya has been welcomed ...
Formerly known as Sokowatch, Kenyan e-commerce startup Wasoko has raised $125 million in Series B funding
Sokowatch, a Kenyan e-commerce business that uses technology to improve the informal retail supply chain, has closed a US$125 million ...
M-KOPA, a Kenyan pay-as-you-go energy company, has raised $75 million in funding to expand its platform for the unbanked
M-KOPA, a Kenyan company that provides pay-as-you-go energy to off-grid customers, has secured $75 million in a growth equity round ...
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