About Wananchi Sacco
Wananchi Sacco is a company based in Nairobi (Kenya) founded in 2017. It operates as a B2C. Wananchi Sacco offers products and services including Mobile Banking, ATM Card Services, Savings Accounts, and Asset Financing. Wananchi Sacco operates in a competitive market with competitors including Co-operative Bank, Unaitas, Harambee Sacco Society, KUSCCO and Ndege Chai Sacco, among others.
- Headquarter Nairobi, Kenya
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Wananchi Dt Sacco Society Ltd
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
-
Investors
-
Employee Count
Employee Count
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
Products & Services of Wananchi Sacco
Wananchi Sacco offers a comprehensive portfolio of products and services, including Mobile Banking, ATM Card Services, Savings Accounts, and Asset Financing. 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.
Platform for transactions via mobile devices.
Services for ATM-based banking transactions.
Accounts to promote economic sustainability.
Affordable financing for asset acquisition.
Funding Insights of Wananchi Sacco
| 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 |
Investments & Acquisitions by Wananchi Sacco
| 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 - Wananchi Sacco
| 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 |
Wananchi Sacco Comparisons
Competitors of Wananchi Sacco
Wananchi Sacco 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 Co-operative Bank, Unaitas, Harambee Sacco Society, KUSCCO and Ndege Chai Sacco, 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 |
Cooperative banking services are offered in Kenya by Co-operative Bank.
|
|
| domain | founded_year | HQ Location |
Co-operative banking services with loans and savings options are offered.
|
|
| domain | founded_year | HQ Location |
Provides savings, loans, and mortgage services to cooperative members in Kenya.
|
|
| domain | founded_year | HQ Location |
National organization promoting savings and credit co-operatives via advocacy and training.
|
|
| domain | founded_year | HQ Location |
Cooperative providing savings accounts and loans for members' needs.
|
| 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.
|
Frequently Asked Questions about Wananchi Sacco
When was Wananchi Sacco founded?
Wananchi Sacco was founded in 2017.
Where is Wananchi Sacco located?
Wananchi Sacco is headquartered in Nairobi, Kenya.
What does Wananchi Sacco do?
Wananchi DT Sacco is a deposit-taking cooperative licensed by SASRA, starting in 1992 for tea growers in Nyeri and expanding to sectors like dairy, youth activities, and off-farm businesses. It operates by offering competitive financial services such as mobile banking, ATM transactions, asset financing, and various savings accounts to enhance members living standards across Kenya. The organization focuses on resource management and financial literacy to reduce risks.
Who are the top competitors of Wananchi Sacco?
Wananchi Sacco's top competitors include Co-operative Bank, Unaitas and Harambee Sacco Society.
What products or services does Wananchi Sacco offer?
Wananchi Sacco offers Mobile Banking, ATM Card Services, Savings Accounts, and Asset Financing.