Funding Round · Neobank · 2021

Kwara raises Ksh. 451.8M seed round for neobank app

Kwara raised $4M Seed round led by Breega VC, SoftBank Vision Fund Emerge, Finca Ventures, New General Market Partners, Globivest, Do Good Invest, Rabacap, Launch Africa, Norrsken Impact Accelerator, Future Africa, Samurai Incubate, DOB Equity, Fintech Angels on December 9, 2021.

Primary
Kwara
Counterparty
Breega VC, SoftBank Vision Fund Emerge, Finca Ventures, New General Market Partners, Globivest, Do Good Invest, Rabacap, Launch Africa, Norrsken Impact Accelerator, Future Africa, Samurai Incubate, DOB Equity, Fintech Angels
Amount
$4M
Structure
Seed round
Date
December 9, 2021
Sub-sector
Neobank

Kwara secures seed funding to build neobank app enabling credit union members to access digital financial services and help institutions transition from paper-based systems.

Primary company
Kwara
Amount
$4M
Event date
December 9, 2021
Sub-sector
Neobank
HQ
Not disclosed
Structure
Seed round
Source published
December 9, 2021
Publisher
HapaKenya

Source: hapakenya.com