About Kwara
Kwara is a company based in Nairobi (Kenya) founded in 2003 by Cynthia Wandia. Kwara has raised $7 million across 2 funding rounds from investors including Samurai Incubate, DOB Equity and Globivest. Kwara has completed 1 acquisition, including IRNET Coop Kenya. Kwara operates in a competitive market with competitors including Amount, MANTL, Tyfone, Asseco and Bankingly, among others.
- Headquarter Nairobi, Kenya
- Founders Cynthia Wandia
-
Sectors
Financial Services
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Kwara Gmbh
-
Annual Revenue
Not available
-
Net Profit
Not available
-
EBITDA
Not available
-
Total Equity Funding
$7 M (USD)
in 2 rounds
-
Latest Funding Round
$3 M (USD), Seed
Jan 15, 2023
-
Investors
Samurai Incubate
& 15 more
-
Employee Count
Not available
- Investments & Acquisitions
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
People of Kwara
Unlock access to complete
Funding Insights of Kwara
Kwara has successfully raised a total of $7M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $3 million completed in January 2023. 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.
Investors in Kwara
Kwara has secured backing from 16 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Samurai Incubate, DOB Equity and Globivest.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Capital is invested in impactful companies in Eastern Africa.
|
Locked | Locked | Locked | |
|
Stage-agnostic investments in European tech firms are made by Globivest.
|
Locked | Locked | Locked | |
|
Venture capital firm focused on pre-seed to early-stage investments
|
Locked | Locked | Locked |
Investor details for Kwara
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Kwara
Kwara has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include IRNET Coop Kenya.
Investment portfolio details for Kwara
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Provider of credit cards and transaction processing services
|
Locked | Locked | 2009 | Locked |
Complete acquisition details for Kwara
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Kwara
Detailed financials for Kwara
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Kwara Comparisons
Peer comparison for Kwara
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Kwara
Kwara 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 Amount, MANTL, Tyfone, Asseco and Bankingly, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Omnichannel banking solutions are provided for banks and lenders.
|
|
| Locked | Locked | Locked |
MANTL is recognized for providing account origination software to banks and credit unions.
|
|
| Locked | Locked | Locked |
Omni-channel banking solutions are provided for mobile financial services.
|
|
| Locked | Locked | Locked |
Omnichannel banking solutions are provided for internet and mobile platforms.
|
|
| Locked | Locked | Locked |
Cloud-based omnichannel banking solutions are provided to financial institutions.
|
|
| Locked | Locked | Locked |
Omnichannel banking solutions are provided for banks and credit unions.
|
Detailed competitors of Kwara
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Kwara
Complete news archive for Kwara
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Kwara
Kwara was founded in 2003 and raised its 1st funding round 18 years after it was founded.
Kwara is headquartered in Nairobi, Kenya.
Cynthia Wandia is the current CEO of Kwara. They have also founded this company.
Kwara is a funded company, having raised a total of $7M across 2 funding rounds to date.
Kwara was founded in 2003 and is headquartered in Nairobi, Kenya. Banking solutions tailored for savings and credit cooperatives are offered by the company within the fintech sector. Events are logged by financial institutions using the platform. Opt-in sharing of institutional information is enabled with credit bureaus, centralized ID agencies, and other cooperative financial entities. Incoming financial requests are processed and sorted through the system.
Kwara has made 1 acquisition, including IRNET Coop Kenya.
Kwara has 16 investors. Key investors include Samurai Incubate, DOB Equity, Globivest, Willard Ahdritz, and Breega.