70 indexable Alternative Lending companies headquartered in Nairobi County, Kenya, ranked by total equity funding and recent funding momentum. Combined disclosed equity funding of $385.6M across 19 funded companies.
| # | Company | Funding | Valuation | Stage | Latest round | Employees | Founded | Momentum |
|---|---|---|---|---|---|---|---|---|
| 1 |
Apollo Agriculture
Providing financing, inputs, training, and insurance to empower small-scale farmers |
$67.8M | — | Series B | Series B May 2026 | 570 | 2016 | ↑ Active |
| 2 |
HAKKI AFRICA
Provider of credit scoring passports and financial services for underserved markets |
$15.3M | — | Series C | Conventional Debt Aug 2025 | 29 | 2019 | ↑ Active |
| 3 |
Zanifu
Provider of consumer and business loans |
$12.4M | — | Seed | Seed Sep 2025 | 46 | 2016 | ↑ Active |
| 4 |
M Kopa
Provider of affordable solar power for households |
$240.7M | — | Series D | Conventional Debt Jun 2024 | 2,000 | 2011 | — |
| 5 |
Power Financial Wellness
Platform offering diversified financial services |
$3M | — | Seed | Seed Dec 2024 | 41 | 2019 | ↑ Active |
| 6 |
Lipa Later
Online platform for point of sale financing for multi-category products |
$12M | — | Seed | Conventional Debt Sep 2023 | 150 | 2015 | — |
| 7 |
Pezesha
Online P2P marketplace for working capital loans |
$6M | — | Seed | Seed Aug 2022 | 50 | 2016 | — |
| 8 |
Asante Financial Services Group
Provider of financial services and products to growing businesses in Africa |
$7.5M | — | Series A | Series A Oct 2021 | 40 | 2018 | — |
| 9 |
ImaliPay
AI-enabled digital financial platform for gig workers |
$3.8M | — | Seed | Conventional Debt Apr 2022 | 63 | 2020 | — |
| 10 |
IMF
Online platform for invoice factoring |
$4M | — | Series A | Series A Dec 2021 | 15 | 2020 | — |
| 11 |
Paylend
Online marketplace for point of sale financing |
$2M | — | Seed | Seed Dec 2021 | 5 | 2019 | — |
| 12 |
Kopo Kopo
Payment platform to enable acceptance of m-Pesa |
$5.6M | — | Acquired | Series A Oct 2015 | 89 | 2010 | — |
| 13 |
Musoni
Nairobi-based micro-finance provider. |
$2.3M | — | Series A | Conventional Debt Oct 2018 | 290 | 2009 | — |
| 14 |
Alternative Circle
App enabling Financial Institutions to lend capital directly |
$1.1M | — | Seed | Apr 2017 | — | 2016 | — |
| 15 |
INuka Pap
Online platform for personal loans |
$1M | — | Seed | Oct 2016 | 3 | 2015 | — |
| 16 |
Tulaa
Online marketplace for farm loans |
$652K | — | Seed | Seed Mar 2019 | 36 | 2016 | — |
| 17 |
Container Deposit Fund
Online lending platform offering trade financing |
$20K | — | Seed | Dec 2023 | — | 2021 | — |
| 18 |
Umati Capital
Provider of supply chain financing solutions |
$250K | — | Seed | Oct 2014 | 11 | 2012 | — |
| 19 |
FarmDrive
Alternative credit scoring platform intended to offer loans to small farmers |
$140K | — | Funding Raised | Grant (prize money) Jul 2017 | — | 2014 | — |
| 20 |
Money254
Online comparison platform for financial products |
— | — | Funding Raised | Mar 2022 | 11 | 2020 | — |
| 21 |
Gravity
Credit scoring platform for individuals & businesses |
— | — | Funding Raised | Grant (prize money) Sep 2019 | 10 | 2016 | — |
| 22 |
Student Finance Africa
Education loan provider for post secondary education. |
— | — | Deadpooled | Seed Mar 2017 | — | 2015 | — |
| 23 |
Helavest
Personal loans platform |
— | — | Deadpooled | Jun 2016 | — | 2016 | — |
| 24 |
Shield
Offers payday loans |
— | — | Seed | Seed Aug 2015 | — | 2015 | — |
| 25 |
MoVAS Group
Online platform for mobile airtime loans |
— | — | Seed | Nov 2013 | — | 2012 | — |
| 26 |
Agri-Wallet
P2P platform for supply chain financing |
— | — | Unfunded | — | — | 2017 | — |
| 27 |
Biashara Factors
Provides factoring services to SMEs |
— | — | Deadpooled | — | — | 2009 | — |
| 28 |
CapAGRI
Online platform providing finance for smallholder farmers |
— | — | Deadpooled | — | — | 2018 | — |
| 29 |
Covered
Agency providing medical insurance plans for individuals, families, and groups |
— | — | Unfunded | — | — | 2015 | — |
| 30 |
FACTS
Supply chain financing solutions |
— | — | Funding Raised | — | 15 | 2015 | — |
| 31 |
Farm Capital Africa
Crowdfunding small scale agribusinesses in Africa |
— | — | Deadpooled | — | — | 2014 | — |
| 32 |
Finlo
Platform providing financial services to agribusinesses |
— | — | Deadpooled | — | — | 2019 | — |
| 33 |
FlashCredit Africa
Digital credit provider that offers salary linked loans |
— | — | Unfunded | — | — | 2021 | — |
| 34 |
Glomoney
Provides purchase finance. |
— | — | Deadpooled | — | — | 2012 | — |
| 35 |
GreenCredit
Consumer and business lending |
— | — | Deadpooled | — | — | 2014 | — |
| 36 |
Grow Agric
Provider of working capital financing services |
— | — | Funding Raised | — | 5 | 2020 | — |
| 37 |
HELB
Online lending solutions for education financing |
— | — | Unfunded | — | — | 1952 | — |
| 38 |
ifarmkonnect
Online crowdfunding platform for agri-businesses |
— | — | Deadpooled | — | — | 2018 | — |
| 39 |
Jisort
Online microloans platform |
— | — | Unfunded | — | — | 2016 | — |
| 40 |
Kava
App-based platform for financial products |
— | — | Unfunded | — | — | 2014 | — |
| 41 |
KopaCent Africa
Online payday loans platform |
— | — | Deadpooled | — | — | 2018 | — |
| 42 |
Loanbee
Online personal loans platform |
— | — | Deadpooled | — | — | 2016 | — |
| 43 |
M-Mkopo Technologies
Online marketplace offering diversified loans to consumers |
— | — | Funding Raised | — | — | 2017 | — |
| 44 |
Malipo
App-based P2P lending and payment platform for consumers and businesses |
— | — | Funding Raised | — | — | 2019 | — |
| 45 |
Medina Islamic Finance
Microfinance bank |
— | — | Unfunded | — | — | 2017 | — |
| 46 |
Mkopo-online
Aggregator of financial products for individuals and businesses |
— | — | Deadpooled | — | — | 2013 | — |
| 47 |
Mobiadva
Online personal loans platform |
— | — | Deadpooled | — | — | 2016 | — |
| 48 |
Mombo
Credit facilities to small and medium enterprises as well as individuals |
— | — | Unfunded | — | — | 2013 | — |
| 49 |
MovaPay
Mobile payment service provider |
— | — | Unfunded | — | — | 2013 | — |
| 50 |
MyWagePay
Online lending platform offering on-demand salary |
— | — | Funding Raised | — | — | 2021 | — |
Providing financing, inputs, training, and insurance to empower small-scale farmers. This is a technology company focused on revolutionizing farming and fostering sustainable livelihoods. It offers farmers comprehensive support, from seed to sale, including financing solutions and access to quality farming inputs. The company utilizes machine learning credit models to provide instant credit decisions, enabling farmer
Provider of credit scoring passports and financial services for underserved markets. It develops and provides credit scoring passports and related financial technology solutions, primarily for microfinance institutions and small-to-medium-sized financial institutions in developing countries. This includes a credit-as-a-service API enabling cross-border credit passport usage. The company utilizes innovative technology
Provider of consumer and business loans
Provider of affordable solar power for households
Platform offering diversified financial services. It provides a core banking system and other operational banking solutions to banks, lenders, asset managers, and other enterprises, allowing them to offer their customers banking services. It also provides a platform for consumers to save, borrow, pay, invest, and protect their money through their application, which is available for android devices.
Online platform for point of sale financing for multi-category products. It enables users to purchase products from the partnered merchant network and pay in monthly installments with customized repayment options. It provides a merchant portal enabling businesses to provide buy now pay later options to the end customers.
Online P2P marketplace for working capital loans
Provider of financial services and products to growing businesses in Africa. It offers solutions to address the financial needs of underserved individuals and small to medium-sized enterprises. Services include working capital finance, mobile money agent float finance, smartphone finance, and insurance premium finance. The company aims to advance financial independence through accessible and relevant products.
AI-enabled digital financial platform for gig workers. It offers tailored financial products including business loans, savings accounts, and credit building solutions that promote the inclusion of gig economy platforms and workers. Also, allows users to set their financial goals.
Online platform for invoice factoring. It offers a solution that enables SMEs to obtain financing by providing unpaid invoices. Businesses must select the invoices and send them to the platform. Once approved, the funds are transferred to the business and the remaining amount is deposited once the client closes the outstanding amount.
Online marketplace for point of sale financing. It offers a solution that enables credit institutions to manage multiple utility-specific point of sale financing options including shopping loans, educational fees loans, salon loans, and more. It enables businesses to disburse funds as vouchers that can be exchanged for cash in the partnered stores. It also enables individuals to purchase products and services within
Kopo Kopo is a platform to enable small and medium businesses to accept mobile payments and build relationships with their customers. Also provides an unsecured cash advance of up to Kshs 5M to merchants using their mobile payment app. Collects a daily percentage of sales in return and a flat fee for the service. It partnered with Safaricom to bring the M-PESA Buy Goods service to small and medium businesses througho
Inclusive Fintech 50
Village Capital
AHL Venture Partners
Accion
Musha Ventures
USAID
African Development Bank Group
Antler
British International Investment
DOB Equity
FMO
Founders Factory Africa
Rankings are computed by Radar (Fliar BI) from the Radar company master and are updated periodically. Funding and momentum scores use disclosed equity-funding data only. Figures may lag private rounds. Last updated 2026-06-23.
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