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      Kwara's Logo

      Kwara - Seed Extension

      Overview Investors Founders Company Profile / Project Introduction

      Overview

      Funding Date

      January 17, 2023

      Financing amount

      $3M

      Valuation

      --

      Catagory

      CeFi

      Subcategory

      Banking

      About Kwara - Seed Extension

      Kenyan fintech Kwara raises $3M seed extension, signs deal to reach over 4,000 credit unions.


      The seed extension round had the participation of existing investors DOB Equity, Globivest and Willard Ahdritz, the founder of Kobalt Music. New backers One Day Yes, Base Capital, as well as fintech executives, including Mikko Salovaara, the CFO of Revolut, also joined the round. The new funding brings the total seed amount raised by the startup to $7 million. Initial round saw participation of several investors, including Breega, SoftBank Vision Fund Emerge, Finca Ventures, and New General Market Partners.

      Investors

      InvestorsTypeLocationYear Founded#Portfolio CompaniesEmail AddressSocials
      Fund Netherlands -- 1 --
      Fund -- -- 1 --
      Fund -- -- 2 --
      Angel Investor United States of America -- 1 --
      Angel Investor Unknown -- 1 --

      Founders & Team

      Cynthia Wandia's Logo

      Cynthia Wandia

      David Hwan's Logo

      David Hwan

      Company Profile / Project Introduction

      Kwara was founded in 2018 by Cynthia Wandia and David Hwan.

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      *Fundraising Announcement: Click here