About Mkobo
Mkobo is a company based in Lagos (Nigeria) founded in 2015.. Mkobo offers products and services including Earlypay, Mkolo Fixed Deposits, and SingleView. Mkobo operates in a competitive market with competitors including Kuda, FairMoney, Carbon, Sparkle and Kredi Bank, among others.
- Headquarter Lagos, Nigeria
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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 Mkobo 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 Mkobo
Mkobo offers a comprehensive portfolio of products and services, including Earlypay, Mkolo Fixed Deposits, and SingleView. 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.
Offers interest-free advance on earned salary before payday
Provides high-interest deposits to combat inflation and grow savings
Allows viewing of multiple bank accounts in one app for easy tracking
Funding Insights of Mkobo
| 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 Mkobo
| 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 - Mkobo
| 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 |
Mkobo Comparisons
Competitors of Mkobo
Mkobo 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 Kuda, FairMoney, Carbon, Sparkle and Kredi Bank, 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 |
Kuda is recognized as a digital banking app for Africans.
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| domain | founded_year | HQ Location |
Digital microfinance banking services are offered to individuals.
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| domain | founded_year | HQ Location |
Digital banking services for individuals and businesses are offered.
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| domain | founded_year | HQ Location |
Digital banking services are offered to consumers and businesses.
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| domain | founded_year | HQ Location |
Digital financial services are offered to individuals and businesses.
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| domain | founded_year | HQ Location |
Aku is recognized as a FinTech company offering payment solutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about Mkobo
When was Mkobo founded?
Mkobo was founded in 2015.
Where is Mkobo located?
Mkobo is headquartered in Lagos, Nigeria. It is registered at Lagos, Lagos State, Nigeria.
Who is the current CEO of Mkobo?
Habeeb Adeokun is the current CEO of Mkobo.
What does Mkobo do?
Mkobo was founded in 2015 in Lagos, Nigeria, as a digital native bank focused on retail and business banking. Services for consumers, including early salary access, are provided alongside business solutions such as asset financing. Operations are conducted through a mobile app available on Android and iOS platforms, serving users in the financial sector across Nigeria.
What products or services does Mkobo offer?
Mkobo offers Earlypay, Mkolo Fixed Deposits, and SingleView.