Kwara

What they do:

Kwara is a fintech that offers a secure, simple and affordable digital banking platform for savings and credit cooperatives (SACCOs) and their members, who are often excluded by traditional banks. Kwara’s mission is the financial inclusion of the world's underserved population and increase financial health across major developing markets, starting with East Africa.

Why we invested:

Kwara has a B2B2C Model that enhances the process efficiency of the highly active SACCO market in Kenya and East Africa. They have a subscription and transaction based revenue model that will benefit from increased transaction values and volumes from the application and API integrations of the Kwarra solution. The founders are experienced and diverse.

Founding Team:

Cynthia Wandia is the CEO and co-founder.

David Hwan is the COO and co-founder.

Active in:

Kenya