Kwara

Operating

Kwara is a Nairobi and Berlin based startup offering affordable digital banking

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Total raised
$7.2M
disclosed
Last round
$3M
Seed
Rounds
6
since 2018
Employees
11-50

About Kwara

Kwara is a Nairobi and Berlin based startup offering a secure, simple and affordable digital banking platform for savings and credit cooperatives and their members, who are often excluded by traditional banks. Started in 2018 in Kenya, our mission is to enable the world's 3 billion underserved to become financially healthy. Backed by Finparx, Google for Startups, Catalyst Fund, Kepple and Bonum Ventures, today Kwara serves over 27,000 members. Web and mobile banking platform for the SACCO of the future, delivered today.

Kwara funding6 rounds

All 6 rounds →

Kwara has raised $7.2M across 6 disclosed rounds. The latest is a $3M Seed announced 16 Jan 2023.

Capital growthrunning total of disclosed rounds
  1. $4MSeedSeed, $4M, $4M raised to date
  2. $3MSeedSeed, $3M, $7M raised to date

SLA Funding Index · grey is capital raised before each round

Who has invested in Kwara

RoundAmount
Kwara Seed16 Jan 2023Lead not disclosed$3M
Kwara Seed09 Dec 2021Lead not disclosed$4M

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Kwara founders & team

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Frequently asked about Kwara

Where is Kwara based and when was it founded?
Kwara is headquartered in Nairobi, Kenya and was founded in 2018.
Who founded Kwara?
Founders listed for Kwara include Cynthia Wandia (Co-Founder & CEO) and David Hwan (Co-Founder & COO).
Who is the CEO of Kwara?
Cynthia Wandia is Kwara's Co-Founder & CEO.
How much funding has Kwara raised?
Kwara has raised $7.2M across 6 funding rounds. Its latest, a $3M Seed, was announced on 16 Jan 2023.
Who has invested in Kwara?
Backers include Willard Ahdritz, SoftBank Vision Fund Emerge and Globivest.
What sector is Kwara in?
Kwara operates in SaaS and Digital Banking.