KEY Microfinance Bank

Nairobi, Kenya Founded: 2011 • Age: 15 yrs Acquired By LOLC
Microcredit services are provided to clients in Kenya.
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About KEY Microfinance Bank

KEY Microfinance Bank is a company based in Nairobi (Kenya) founded in 2011 was acquired by LOLC in January 2022.. KEY Microfinance Bank operates in a competitive market with competitors including Gojo, Platinum Credit, Maisha Bank, Faulu Kenya and ECLOF Kenya, among others.

  • Headquarter Nairobi, Kenya
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → Insurance & Risk Management
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    LOLC

    (Jan 01, 2022)

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Funding Insights of KEY Microfinance Bank

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 KEY Microfinance Bank

KEY Microfinance Bank has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include LOLC Group. 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
Institutional
Investor Description Founded Year Domain Location
Business loans are provided to enterprises in Sri Lanka.
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 KEY Microfinance Bank

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

Financial Statements - KEY Microfinance Bank

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

Key Microfinance Bank Comparisons

Employees
+
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Competitors of KEY Microfinance Bank

KEY Microfinance Bank 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, Faulu Kenya and ECLOF 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
domain founded_year HQ Location
Microcredit is extended to individuals and businesses in need.
domain founded_year HQ Location
Microloans are provided to civil servants, TSC members, and employees.
domain founded_year HQ Location
Microfinance bank
domain founded_year HQ Location
Provides microcredit services to support low-income individuals and businesses.
domain founded_year HQ Location
Microcredit is extended to micro, small, and medium entrepreneurs.
domain founded_year HQ Location
Microfinance services are extended to low-income clients in Kenya.
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 Key Microfinance Bank

Frequently Asked Questions about KEY Microfinance Bank

When was KEY Microfinance Bank founded?

KEY Microfinance Bank was founded in 2011.

Where is KEY Microfinance Bank located?

KEY Microfinance Bank is headquartered in Nairobi, Kenya.

What does KEY Microfinance Bank do?

KEY Microfinance Bank was established in 2011 in Nairobi, Kenya, within the microfinance sector. Financial services focused on microcredit are offered to underserved individuals and small enterprises. Operations are centered in Kenya, where loans and related banking products are extended to support economic inclusion. The banks activities emphasize accessible financing in urban and rural areas.

Who are the top competitors of KEY Microfinance Bank?

KEY Microfinance Bank's top competitors include Gojo, Sumac Microfinance Bank and Platinum Credit.

Who are KEY Microfinance Bank's investors?

KEY Microfinance Bank has 1 investor. Key investors include LOLC Group.

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