About Mombo
Mombo is a company based in Nairobi (Kenya) founded in 2013. It operates as a D2C, and B2C. Mombo offers products and services including MOMBO App, Saving Services, and Borrowing Services. Mombo operates in a competitive market with competitors including Zash Loan, Asante Financial Services Group, Progressive Credit, Kava and Mint Credit, among others.
- Headquarter Nairobi, Kenya
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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 Mombo Sacco
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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 Mombo
Mombo offers a comprehensive portfolio of products and services, including MOMBO App, Saving Services, and Borrowing Services. 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.
App for saving, borrowing, and financial management services
Secure platform to earn interest on deposits up to 6%
Fast loan application and disbursement for users
Funding Insights of Mombo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 Mombo
| 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 - Mombo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Mombo Comparisons
Competitors of Mombo
Mombo 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 Zash Loan, Asante Financial Services Group, Progressive Credit, Kava and Mint Credit, 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 |
Offers fast loans via mobile app with low interest and easy application in Kenya.
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| domain | founded_year | HQ Location |
Personal and business loans are provided to clients in Kenya.
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| domain | founded_year | HQ Location |
Offers loans for businesses, agriculture, and personal needs in Kenya with quick processing.
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| domain | founded_year | HQ Location |
Cross-ledger infrastructure is provided for blockchain-based financial transactions.
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| domain | founded_year | HQ Location |
Offers quick salary advance loans to employed individuals and partners in Kenya.
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| domain | founded_year | HQ Location |
Provides fast online loan applications without collateral and flexible repayment options.
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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 Mombo
When was Mombo founded?
Mombo was founded in 2013.
Where is Mombo located?
Mombo is headquartered in Nairobi, Kenya.
What does Mombo do?
Mombo Sacco is a digital financial cooperative based in Kenya, offering mobile app-based services for saving money with up to 6 interest, quick loan approvals, and 247 support. Users can apply for loans anytime, access secure borrowing, and benefit from transparent processes. It serves individual customers through features like fast disbursements and asset financing, emphasizing security and ease.
Who are the top competitors of Mombo?
Mombo's top competitors include Kava, Asante Financial Services Group and Zash Loan.
What products or services does Mombo offer?
Mombo offers MOMBO App, Saving Services, and Borrowing Services.