About Caritas MFB
Caritas MFB is a company based in Nairobi (Kenya) founded in 1983. It operates as a B2C, and B2B. Caritas MFB offers products and services including Salary Account, Nawiri Account, Maono Savings Account, Salary Checkoff Loan, and Asset Finance Loan. Caritas MFB operates in a competitive market with competitors including Gojo, Platinum Credit, Maisha Bank, Century Microfinance Bank and Faulu Kenya, among others.
- Headquarter Nairobi, Kenya
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name Caritas Microfinance Bank
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
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Products & Services of Caritas MFB
Caritas MFB offers a comprehensive portfolio of products and services, including Salary Account, Nawiri Account, Maono Savings Account, Salary Checkoff Loan, and Asset Finance Loan. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Transactional account for salaried individuals
Savings product for personal financial needs
Account for building stable personal savings
Loan for government and private sector employees
Financing for asset purchases and business growth
Online platform for secure account management
App for quick transactions and loan access
Funding Insights of Caritas MFB
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Caritas MFB
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Caritas MFB
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Caritas Mfb Comparisons
Competitors of Caritas MFB
Caritas MFB operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Gojo, Platinum Credit, Maisha Bank, Century Microfinance Bank and Faulu Kenya, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Microcredit is extended to individuals and businesses in need.
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| domain | founded_year | HQ Location |
Microloans are provided to civil servants, TSC members, and employees.
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| domain | founded_year | HQ Location |
Microfinance bank
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| domain | founded_year | HQ Location |
Microfinance loans and services are extended to Kenyan communities.
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| domain | founded_year | HQ Location |
Provides microcredit services to support low-income individuals and businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Caritas Mfb
Frequently Asked Questions about Caritas MFB
When was Caritas MFB founded?
Caritas MFB was founded in 1983.
Where is Caritas MFB located?
Caritas MFB is headquartered in Nairobi, Kenya.
What does Caritas MFB do?
Caritas Microfinance Bank, headquartered in Nairobi, Kenya, delivers financial services including personal accounts, savings products, various loans like salary and asset finance, and insurance solutions. It operates through digital channels such as mobile banking and ATMs, serving individuals, small businesses, and institutions with customized products. The bank emphasizes secure and accessible banking to support economic growth in Kenya.
Who are the top competitors of Caritas MFB?
Caritas MFB's top competitors include Gojo, Sumac Microfinance Bank and Platinum Credit.
What products or services does Caritas MFB offer?
Caritas MFB offers Salary Account, Nawiri Account, Maono Savings Account, Salary Checkoff Loan, and 3 more products and services.
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