About Chase Bank
Chase Bank is a Financial Services company based in Nairobi (Kenya) founded in 2010, and was acquired by State Bank of Mauritius in August 2018. Commercial bank. Chase Bank has raised $10.5 million across 3 funding rounds from investors including State Bank of Mauritius, FMO and Global Climate Partnership Fund. Its chief executive, as recorded, is Duncan Kabui. Its focus areas include Banks and Commercial Banks. Its competitors include I&M Bank, Sidian Bank and Family Bank; 3 of its 3 listed competitors have raised funding.
Company details
Chase Bank was established in 2010 and is headquartered in Nairobi, Kenya. Operations focus on commercial banking within the financial sector, where deposits, loans, and payment services are managed for corporate and personal clients. The bank serves the Kenyan market through its digital domain and physical branches, with leadership provided by CEO Duncan Kabui. Standard regulatory compliance is maintained across all activities.
- Headquarters Nairobi, Kenya
- Stage Acquired
- SectorsFinancial Services
- Phone•••• ••••
- Website chasebankkenya.co.ke
- Social LinkedIn X Facebook
- Acquired by State Bank of Mauritius (Aug 2018)
- Total Equity Funding$10.5M (USD)
in 3 rounds
- Latest Funding Round$30M (USD), Debt – Conventional
Dec 2015
- InvestorsState Bank of Mauritius
& 3 more
- Acquired byState Bank of Mauritius
(Aug 2018)
Funding Insights of Chase Bank
Chase Bank has successfully raised a total of $10.5M across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $30 million completed in December 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $10.5M
- Total Rounds 3
- Last Round Debt – Conventional — $30M
- First Round $10.5M
(Mar 2013)
- Investors Count 3
All 3 funding rounds of Chase Bank with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2015 | $30M | Debt – Conventional | – | – | |
| Sep 2014 | $25M | Debt – Conventional | – | – | |
| Mar 2013 | $10.5M | Series A | – | – |
4 investors in total: 4 institutional.
Investors in Chase Bank
Chase Bank has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include State Bank of Mauritius, FMO and Global Climate Partnership Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
PE and VC investments are directed toward sustainable climate projects. | gcpf.lu | Luxembourg, Luxembourg | ||
Development financing is provided for entrepreneurial ventures in emerging markets. | 1970 | fmo.nl | The Hague, Netherlands | |
| amethis.com | ||||
Diversified banking and financial services are provided in Mauritius. | 1973 | sbmgroup.mu | Port Louis, Mauritius |
Investor details for Chase Bank
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People of Chase Bank
1 people are tracked at Chase Bank (1 in leadership).
| Name | Role | Group |
|---|---|---|
Duncan Kabui | CEO | Leadership |
Complete people profiles for Chase Bank
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Timeline of Chase Bank
4 dated milestones of Chase Bank across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Chase Bank is founded.
- Funding First funding round of $10.5M.
- Funding Latest funding round, Debt – Conventional, of $30.0M.
- Exit Acquired by State Bank of Mauritius.
Competitors of Chase Bank
Chase Bank has 3 listed competitors in our database, 3 of them funded. They include I&M Bank, Sidian Bank and Family Bank.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| imbank.com | 1974 | Nairobi, Kenya | $50M | Commercial banking services are offered in Kenya. | ||
| sidianbank.co.ke | 1984 | Nairobi, Kenya | $11.93M | Commercial banking services are provided in Kenya by Sidian Bank. | ||
| familybank.co.ke | 1984 | Nairobi, Kenya | $2.67M | Commercial banking services are offered to clients in Kenya. |
Detailed competitors of Chase Bank
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Web traffic of Chase Bank
Websites that share an audience with Chase Bank (chasebankkenya.co.ke).
Websites whose visitors overlap most with Chase Bank. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
niabusiness.com | niabusiness.com | 100% | #5,099,395 | – | |
genghis-capital.com | genghis-capital.com | 75% | #3,163,962 | – | |
chasebankonline.co.ke | chasebankonline.co.ke | 74% | – | ||
mfasa.chase.com | mfasa.chase.com | 66% | – | ||
postbank.co.ke | postbank.co.ke | 61% | #6,879,910 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 8 similar websites and full traffic analytics for Chase Bank
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- 8 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Related news about Chase Bank
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Frequently Asked Questions about Chase Bank
Chase Bank was founded in 2010 and raised its 1st funding round 3 years after it was founded.
Chase Bank is headquartered in Nairobi, Kenya.
Duncan Kabui is the CEO of Chase Bank, as recorded in our data.
Chase Bank is a funded company, having raised a total of $10.5M across 3 funding rounds to date. The company's 1st funding round was a Series A of $10.5M, raised on Mar 2013.
Chase Bank was established in 2010 and is headquartered in Nairobi, Kenya. Operations focus on commercial banking within the financial sector, where deposits, loans, and payment services are managed for corporate and personal clients. The bank serves the Kenyan market through its digital domain and physical branches, with leadership provided by CEO Duncan Kabui. Standard regulatory compliance is maintained across all activities.
Chase Bank's top competitors include Sidian Bank, Family Bank and I&M Bank.
Chase Bank has 4 investors. Key investors include State Bank of Mauritius, FMO, Global Climate Partnership Fund, and Amethis.
Yes. Chase Bank was acquired by State Bank of Mauritius in August 2018.