ICEA LION

Nairobi, Kenya Founded: 1964 • Age: 62 yrs
Wealth management and insurance services are provided in Kenya.
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About ICEA LION

ICEA LION is a company based in Nairobi (Kenya) founded in 1964.. ICEA LION has completed 1 acquisition, including STANLIB. ICEA LION operates in a competitive market with competitors including FIS, Equity Group Holdings, Cytonn, SimCorp and Sundaram Asset Management, among others.

  • Headquarter Nairobi, Kenya
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → Investment Management & Advisory
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
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People of ICEA LION
Headcount 1000-5000
Employee Profiles 5
Employee Profiles
People
Paul Kioi
Head, Technology & Transformation
People
Benson Wakaba
Group Head Of Risk And Compliance, ICEA LION Group
People
Kelvin Mbugua
Financial Advisor

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Funding Insights of ICEA LION

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2020 Amount Unspecified - ICEA LION Valuation LeapFrog Investments
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in ICEA LION

ICEA LION has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include LeapFrog Investments. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Private equity fund focused on banking, finance, healthcare, and multiple sectors
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by ICEA LION

ICEA LION has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include STANLIB. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Diversified investment management services are offered by STANLIB.
2002
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - ICEA LION

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Icea Lion Comparisons

Employees
+
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Competitors of ICEA LION

ICEA LION 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 FIS, Equity Group Holdings, Cytonn, SimCorp and Sundaram Asset Management, 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
domain founded_year HQ Location
Software suites for banks and financial institutions are provided.
domain founded_year HQ Location
Provider of investment management services
domain founded_year HQ Location
Investment management services are provided by Cytonn in Kenya.
domain founded_year HQ Location
Front and back-office solutions are delivered for investment managers.
domain founded_year HQ Location
An investment management firm specializing in diversified funds and portfolios.
domain founded_year HQ Location
Trade execution and clearing services for global assets are offered.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Icea Lion

ICEA Lion Life appoints George Nyakundi as new CEO
Kenyanwallstreet5 years ago
LeapFrog Africa to Acquire 24% Stake in ICEA Lion
Kenyanwallstreet5 years ago

Frequently Asked Questions about ICEA LION

When was ICEA LION founded?

ICEA LION was founded in 1964 and raised its 1st funding round 56 years after it was founded.

Where is ICEA LION located?

ICEA LION is headquartered in Nairobi, Kenya.

Who is the current CEO of ICEA LION?

Justus Mutiga is the current CEO of ICEA LION.

What does ICEA LION do?

ICEA LION was founded in 1964 and is headquartered in Nairobi, Kenya. The company operates within the financial services sector, with a focus on wealth management and insurance offerings. Services include investment solutions, life assurance, and related advisory support for clients. Leadership is provided by CEO Justus Mutiga. Operations are centered in the Kenyan market, serving local and regional needs.

Who are the top competitors of ICEA LION?

ICEA LION's top competitors include FIS, Equity Group Holdings and SimCorp.

How many acquisitions has ICEA LION made?

ICEA LION has made 1 acquisition, including STANLIB.

Who are ICEA LION's investors?

ICEA LION has 1 investor. Key investors include LeapFrog Investments.

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