Financial Services · Kenya, India

Best Financial Services Companies in Kenya

Updated 2026-06-22 · Ranked by funding & momentum

95 indexable Financial Services companies headquartered in Kenya, ranked by total equity funding and recent funding momentum. Combined disclosed equity funding of $636.2M across 13 funded companies.

95
Companies
$636.2M
Total Funding
13
Funded
0
Unicorns
0
Rounds (90d)

Ranked: Best Financial Services companies in Kenya

#CompanyFundingValuationStage Latest roundEmployeesFoundedMomentum
1 Equity Group Holdings
Provider of investment management services
$184.9M Late Stage Conventional Debt Dec 2025 1984 ↑ Active
2 Family Bank
Commercial bank
$2.7M Late Stage Post IPO Dec 2025 26,076 1984 ↑ Active
3 CrossBoundary
Provider of investment and advisory services for underserved markets globally
$148M Series C Series C Oct 2023 239 2011
4 Mogo
Provider of car loan services
$83.9M Series C Jun 2023 2012
5 Watu
Provider of financing services for two and three wheelers
$20M Series B Series B Feb 2024 1,558 2015
6 I&M Bank
Commercial bank
$50M Acquired Conventional Debt Aug 2021 1974
7 Prime Bank
Commercial bank
$49.7M Deadpooled PE Jan 2019 450 1992
8 UAP Old Mutual
Mutual insurance carrier
$53.8M Late Stage Jun 2013 432 1845
9 Sidian Bank
Commercial bank
$11.9M Acquired Conventional Debt Oct 2021 448 1984
10 Ed Partners Africa
Provider of school financing and technology solutions
$1.9M Seed Conventional Debt Aug 2023 46 2018
11 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
12 AGF
Provider of financial guarantees and capacity development to financial institutions supporting SMEs
$11.4M Series A Series A 2018 80 2011
13 Chase Bank
Commercial bank
$10.5M Acquired Dec 2015 2010
14 NCBA
Financial institution offering banking services and investment solutions
Funding Raised Conventional Debt Mar 2024 2,635 2019
15 Macrostreet
Finance news and analysis website providing insights on forex, cryptocurrencies, and stocks
Seed Jan 2024 2024
16 Sumac Microfinance Bank
Microfinance bank
Acquired Conventional Debt Sep 2022 2004
17 Platinum Credit
Microloans for micro-finance company, civil servants, TSC members and employees
Funding Raised May 2022 10,000 2002
18 ICEA LION
Provider of wealth management and insurance services
Funding Raised Unattributed Jul 2020 1964
19 Britam
Provider of financial services and insurance products
Late Stage PE Jun 2019 1965
20 ECLOF Kenya
Microcredit for micro small and medium entrepreneurs
Funding Raised Jun 2019 1994
21 Cytonn
Investment management firm
Funding Raised Conventional Debt Mar 2019 2014
22 BIMAS
Microloans for SMEs and individuals
Funding Raised Conventional Debt Oct 2018 1992
23 Co-operative Bank
Cooperative bank
Public Conventional Debt Feb 2018 4,766 1965
24 BFA
Provider of investment and financial advisory services
Series A Series A Feb 2018 138 2006
25 Resolution
Diversified insurance carrier
Acquired Series A Dec 2014 160 2002
26 APA Insurance
Diversified insurance firm
Late Stage Post IPO 2014 2003
27 absa bank kenya
Absa Bank Kenya provides financial services.
Public 35,451 1916
28 AfyaPoa
Provider of health financing services
Funding Raised 2019
29 AIG
Provider of insurance brokerage services
Acquired 1972
30 allianz africa
Allianz Africa provides insurance solutions and technical services.
Acquired 2,908 1991
31 bank of africa kenya
Bank of Africa Kenya is a commercial bank that provides banking and financial services.
Private 2004
32 Biashara Africa
E-commerce and lending platform for small businesses
Funding Raised 2019
33 Biashara Africa Private 2 2019
34 Bluewave
Insurance carrier
Deadpooled 2016
35 Bluewave Insurance
Provider of micro insurance consulting, project management and technology services
Acquired 11 2016
36 britam
Britam is a financial services company that provides insurance, investment, and asset management services.
Public 300 1965
37 Capital Club
Private equity and venture capital focused association
Funding Raised 2012
38 Cevaltd
Provider of payment gateway, mobile wallet, and agent banking solutions. These solutions facilitate easy and sustainable payment processing for businesses, enabling omnichannel payment and banking services for clients. Agent banking solutions extend financial services to new markets. A health insurance solution is also offered, designed for providers seeking to adapt to technological advancements. The platform utilizes open APIs and cloud-native architecture to enable rapid deployment and scaling of solutions. A fee-sharing model eliminates the need for capital investment from clients. Solutions are tailored to meet specific customer needs, providing a competitive advantage.
Unfunded
39 chaptr global
Servicing learn-now-pay-later financing options for schools in Africa
Private 7 2019
40 cherehani africa
Cherehani leverages technology to provide credit bundled with market information and financial education to women micro-entrepreneurs.
Private 12 2014
41 Choice Microfinance Bank
Provider of microfinance bank
Acquired 2015
42 Choice Microfinance Bank Acquired 20 2015
43 CIC Group
Provider of diversified insurance, pensions and asset management services
Unfunded 573 1968
44 Credit Reference Bureau Africa Acquired 300 2007
45 Daraja Microfinance Bank
Microfinance bank
Acquired 2014
46 farmdrive
FarmDrive applies data science to build software and credit models that increases access to meaningful financial services.
Private 4 2014
47 Faulu Kenya
Microcredit for low income individuals and businesses
Unfunded 1,403 1991
48 fina bank ltd.
Fina Bank Ltd. provides business and personal banking services.
Acquired 550 1986
49 Finsupplys
Association offering financial, legal, and tax considerations services
Unfunded 2022
50 first assurance
To be the Preferred and Trusted Provider of Insurance and Integrated Financial Services.
Acquired 132 1930

Top 12 Financial Services companies in Kenya

#1
$184.9M Raised
expand_more
location_onNairobi, Nairobi County
Founded
1984
Funding raised
$184.9M
Stage
Late Stage

Provider of investment management services

Founders & key people
Tech stack
all in one seoangularant designazurebootstrapcdnjs+14
#2
Family Bank Late Stage
$2.7M Raised
expand_more
location_onNairobi, Nairobi County
Founded
1984
Employees
26,076
Funding raised
$2.7M
Stage
Late Stage

Commercial bank

Tech stack
bootstrapcloudflarecloudflare bot managementcloudflare browser insightscloudflare rocket loadercontact form 7+14
#3
CrossBoundary Series C
$148M Raised
expand_more
location_onNairobi, Nairobi County
Founded
2011
Employees
239
Funding raised
$148M
Stage
Series C

Provider of investment and advisory services for underserved markets globally. The organization offers expertise in structuring capital and overcoming challenges in traditional business models. It builds solutions to inhibit capital flows to underserved markets. The organization creates investment vehicles that develop projects capable of absorbing capital.

Tech stack
activecampaignalpine.jsborlabs cookiecloudflarecloudflare bot managementcontact form 7+14
#4
Mogo Series C
$83.9M Raised
expand_more
location_onNairobi, Nairobi County
Founded
2012
Funding raised
$83.9M
Stage
Series C

Provider of car financing and logbook loan solutions in Nairobi, Kenya. The company offers smartphone loans, super flexi loans, boda financing, car loans and logbook loans through which they serve their clients.

Founders & key people
Tech stack
amazon cloudfrontamazon s3amazon web servicescdnjscloudflarecloudflare bot management+14
#5
Watu Series B
$20M Raised
expand_more
location_onMombasa, Mombasa County
Founded
2015
Employees
1,558
Funding raised
$20M
Stage
Series B

Provider of financing services for two and three wheelers

Tech stack
angularbootstrapcloudflaregoogle workspacehstshttp/3+4
#6
I&M Bank Acquired
$50M Raised
expand_more
location_onNairobi, Nairobi County
Founded
1974
Funding raised
$50M
Stage
Acquired

Commercial bank

Tech stack
apache http serverbootstrapcloudflarecloudflare bot managementcloudflare browser insightscookieyes+14
#7
Prime Bank Deadpooled
$49.7M Raised
expand_more
location_onNairobi, Nairobi County
Founded
1992
Employees
450
Funding raised
$49.7M
Stage
Deadpooled

Commercial bank

Tech stack
aoscomplianzcontact form 7core-jselementorfacebook pixel+14
#8
UAP Old Mutual Late Stage
$53.8M Raised
expand_more
location_onNairobi, Nairobi County
Founded
1845
Employees
432
Funding raised
$53.8M
Stage
Late Stage

Mutual insurance carrier

Founders & key people
Tech stack
bootstrapcloudflarecloudflare bot managementcloudflare browser insightscodeignitercore-js+14
#9
Sidian Bank Acquired
$11.9M Raised
expand_more
location_onNairobi, Nairobi County
Founded
1984
Employees
448
Funding raised
$11.9M
Stage
Acquired

Commercial bank

Tech stack
animate.cssbootstrapcloudflarecloudflare browser insightsfont awesomehsts+14
#10
$1.9M Raised
expand_more
location_onNairobi, Nairobi County
Founded
2018
Employees
46
Funding raised
$1.9M
Stage
Seed

Provider of school financing and technology solutions. This entity offers loans for school development, transport, technology, and water/sanitation improvements. It also provides a school management system. The company focuses on supporting educational institutions through financial assistance and technological tools to enhance their operations and infrastructure.

Tech stack
cloudflarecomplianzcontact form 7core-jselementorfont awesome+14
#11
$7.5M Raised
expand_more
location_onNairobi, Nairobi County
Founded
2018
Employees
40
Funding raised
$7.5M
Stage
Series A

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.

Funding rounds (1 disclosed of 1)
Round Date Amount
Series A Oct 2021 $7.5M
#12
AGF Series A
$11.4M Raised
expand_more
location_onNairobi, Nairobi County
Founded
2011
Employees
80
Funding raised
$11.4M
Stage
Series A

Provider of financial guarantees and capacity development to financial institutions supporting SMEs. It offers various guarantee products, including loan individual guarantees, loan portfolio guarantees, and bank fundraising guarantees, to mitigate risk and increase lending to small and medium-sized enterprises. The organization also provides capacity development assistance to partner financial institutions, offering

Founders & key people
Tech stack
wordpressmysqlphpwpmu dev smushvue.jsyoast seo+8

Recent signals in Kenya Financial Services

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Funding & investor landscape

Total raised
$636.2M
across these companies
Companies funded
13
with disclosed funding
Highest-funded
$184.9M raised

Most active investors

British International Investment British International Investment 6 investments in Financial Services Africinvest Africinvest 5 investments in Financial Services FMO FMO 5 investments in Financial Services Norfund Norfund 4 investments in Financial Services IFC IFC 3 investments in Financial Services LeapFrog Investments LeapFrog Investments 3 investments in Financial Services Swedfund Swedfund 3 investments in Financial Services ALCB Fund ALCB Fund 2 investments in Financial Services African Development Bank Group African Development Bank Group 2 investments in Financial Services Centum Centum 2 investments in Financial Services European Development Finance Institutions European Development Finance Institutions 2 investments in Financial Services Grameen Crédit Agricole Foundation Grameen Crédit Agricole Foundation 2 investments in Financial Services

Notable founders in Kenya Financial Services

JM James Mwangi CEO Equity Group Holdings · $184.9M raised
MT Matt Tilleard Co-Founder & Managing Partner CrossBoundary · $148M raised
MS Modestas Sudnius CEO Mogo · $83.9M raised
SS S B R Shah Founder & Chairman I&M Bank · $50M raised
JW Joe Wanjui Chairman & CEO UAP Old Mutual · $53.8M raised
DF David FitzHerbert Co-Founder Ed Partners Africa · $1.9M raised
LK Lydia Koros Co-Founder Ed Partners Africa · $1.9M raised
FA Felix Adahi CEO AGF · $11.4M raised
DK Duncan Kabui CEO Chase Bank · $10.5M raised
JG John Gachora Group Managing Director / CEO NCBA
CN Chris Nyaga Founder & CEO Macrostreet

Frequently asked questions

How many Financial Services companies are there in Kenya?
Radar tracks 95 indexable Financial Services companies headquartered in Kenya that meet our profile-completeness bar.
What is the total funding raised by Financial Services companies in Kenya?
The Financial Services companies in Kenya on this list have raised a combined $636.2M in disclosed equity funding across 13 funded companies.
Which is the highest-funded Financial Services company in Kenya?
Equity Group Holdings is the highest-funded Financial Services company in Kenya, with $184.9M in disclosed equity funding.
How many Financial Services companies in Kenya are funded?
13 of the 95 Financial Services companies in Kenya on this list have disclosed at least one equity funding round.
How many Financial Services unicorns are there in Kenya?
None of the Financial Services companies in Kenya on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Kenya Financial Services companies?
The most active investors in Kenya Financial Services companies on this list include British International Investment, Africinvest, FMO, Norfund, IFC.

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 2026-06-22.

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