Best FinTech Companies in Kenya
The 258 best FinTech companies in Kenya in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: M Kopa.
Kenya's FinTech sector has 258 companies and $623M in disclosed funding behind it, and if you want the ones actually moving capital, this directory ranks them by equity raised and recent momentum. That's the filter that matters right now.
M Kopa alone accounts for $241M of that total, which tells you something about how concentrated the outsized bets are. Apollo Agriculture sits at $68M, Umba at $18M, Turaco at $17M. And the global current these companies are swimming in is real: the worldwide FinTech market is tracking toward $461.6B by 2034 from roughly $113.4B today, a 17.21% CAGR according to IMARC Group. The hot themes this quarter are next-gen banking platforms, platform banking, and cloud-based infrastructure, which maps almost exactly onto what Nairobi's most-funded players are building. Regulatory pressure is still a factor, with conflicting government frameworks slowing some raises, but investors like Catalyst Fund and Antler keep showing up anyway. Fintech lending as a category is accelerating globally too, as recent consolidation moves show the sector tightening around fewer, better-capitalized platforms. So the question for you isn't whether Kenya FinTech is active. It's who's actually funded.
- Statista
Our analysis of 1,006 FinTech companies
$195.5b in tracked funding; 96% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best FinTech companies in Kenya
| # | Company | Disclosed funding | Last round | Employees | Founded | Founder | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | M Kopa Provider of affordable solar power for households | $241M | 24 mo ago | 2,000 | 2011 | Chad Larson Co-Founder | WebflowZohoTikTok Pixel+15 | — |
| 2 | Apollo Agriculture Providing financing, inputs, training, and insurance to empower small-scale farmers | $68M | 1 mo ago | 570 | 2016 | Eli Pollak Co-Founder & CEO | Cart FunctionalitySquarespace CommerceSquarespace+18 | — |
| 3 | NALA Online cross-border remittance platform for individuals | $50M | 23 mo ago | 43 | 2017 | Nicolai Eddy Co-Founder & COO | WebflowApple iCloud MailGoogle Workspace+22 | — |
| 4 | Cellulant Payment processing solutions for businesses and merchants | $48M | 97 mo ago | 634 | 2004 | Peter O'Toole CEO | WordPressMySQLPHP+19 | — |
| 5 | African Trade Insurance Agency Provider of investment and credit risk insurance solutions | $25M | 36 mo ago | — | 2001 | John Lentaigne CEO | WordPressMySQLPHP+19 | — |
| 6 | Mara Online platform for digital wealth learning for cryptocurrency | $23M | 49 mo ago | 136 | 2021 | — | — | — |
| 7 | Umba Provider of digital banking solutions for individuals | $18M | 14 mo ago | 99 | 2011 | — | SentryZendeskNode.js+18 | 1 job opening |
| 8 | Turaco Provider of online micro-health insurance platform for individuals | $17M | 6 mo ago | 102 | 2018 | Peter Gross Co-Founder | WebflowAmazon Web ServicesTypekit+10 | 1 partnership |
| 9 | HAKKI AFRICA Provider of credit scoring passports and financial services for underserved markets | $15M | 9 mo ago | 29 | 2019 | Koji Tokuda Co-Founder | WordPressMySQLPHP+12 | — |
| 10 | WorkPay Cloud-based payroll management solution provider | $14M | 24 mo ago | 69 | 2017 | Paul Kimani Founder & CEO | Webflow EcommerceWebflowMicrosoft Clarity+28 | 1 job opening · 1 partnership · 1 expansion |
| 11 | Zanifu Provider of consumer and business loans | $12M | 8 mo ago | 46 | 2016 | Steve Biko Co-Founder & Director | WordPressMySQLPHP+25 | 1 job opening |
| 12 | Lipa Later Online platform for point of sale financing for multi-category products | $12M | 33 mo ago | 150 | 2015 | Eric Muli Co-Founder & CEO | Node.jsFirebaseAnt Design+8 | — |
| 13 | Asante Financial Services Group Provider of financial services and products to growing businesses in Africa | $8M | 56 mo ago | 40 | 2018 | — | WordPress Block EditorwpBakeryWordPress+23 | — |
| 14 | Kwara Provider of banking solutions for savings and credit cooperatives | $7M | 41 mo ago | 57 | 2003 | Cynthia Wandia Co-Founder & CEO | Amazon Web ServicesNetlifyReact+14 | — |
| 15 | Pezesha Online P2P marketplace for working capital loans | $6M | 45 mo ago | 50 | 2016 | — | Node.jsChart.jsBootstrap+18 | 1 partnership |
| 16 | Kopo Kopo Payment platform to enable acceptance of m-Pesa | $6M | 128 mo ago | 89 | 2010 | Mark Straub Co-Founder & Director | Cart FunctionalityWordPressMySQL+24 | — |
| 17 | Lami Provider of a software suite for insurers and underwriters | $6M | 46 mo ago | 56 | 2019 | — | TypeScriptZone.jsAngular+8 | 1 partnership · 1 expansion |
| 18 | mTek Insurance Services App based insurance solution | $4M | 27 mo ago | 27 | 2019 | — | WordPress Block EditorBeaver BuilderWordPress+19 | — |
| 19 | Fingo Africa Provider of a digital bank for individuals | $4M | 37 mo ago | 15 | 2020 | Ian N Co-Founder CTO | Webflowcore-jsjQuery+12 | — |
| 20 | IMF Online platform for invoice factoring | $4M | 53 mo ago | 15 | 2020 | — | — | — |
| 21 | ImaliPay AI-enabled digital financial platform for gig workers | $4M | 50 mo ago | 63 | 2020 | Oluwasanmi Akinmusire Co-Founder | — | — |
| 22 | Pariti Provider of an AI-powered platform for talent sourcing and payroll services | $3M | 54 mo ago | 22 | 2019 | Yacob Berhane Co-Founder & CEO | SentryNode.jsNextAuth.js+20 | — |
| 23 | Power Financial Wellness Platform offering diversified financial services | $3M | 17 mo ago | 41 | 2019 | Brian Dempsey Co-Founder & CEO | WordPressMySQLPHP+26 | 1 partnership |
| 24 | Credrails Open banking aggregation APIs | $2M | 53 mo ago | 3 | 2020 | Clara Odero CEO | WebflowAmazon Web Servicescore-js+16 | — |
| 25 | Koa Online savings platform for consumers | $2M | 53 mo ago | 23 | 2020 | — | — | — |
| 26 | Musoni Nairobi-based micro-finance provider. | $2M | 91 mo ago | 290 | 2009 | — | WordPressMySQLPHP+24 | — |
| 27 | Stax Provider of digital remittance platform for individuals | $2M | 51 mo ago | — | 2011 | — | — | — |
| 28 | Wapi Pay Payment processing solutions to businesses | $2M | 58 mo ago | 6 | 2019 | Paul Ndichu Co-Founder | TypeScriptYouTubeZone.js+14 | — |
| 29 | Kotani Pay AI-backed payroll management platform for gig workers | $2M | 7 mo ago | 19 | 2021 | Jonathan Morgan Co-Founder & Board Advisor | Proton MailGoogle WorkspaceNode.js+16 | — |
| 30 | Gridless Platform offering Bitcoin mining solutions | $2M | 42 mo ago | — | 2022 | Philip Walton Co-Founder | WordPress Block EditorElementorWordPress+24 | — |
| 31 | Paylend Online marketplace for point of sale financing | $2M | 53 mo ago | 5 | 2019 | Bendon Murgor Co-Founder | — | — |
| 32 | Asilimia App-based mobile payment platform | $1M | 45 mo ago | 23 | 2017 | — | — | — |
| 33 | Alternative Circle App enabling Financial Institutions to lend capital directly | $1M | 110 mo ago | — | 2016 | Gachao Kiuna Founder | — | — |
| 34 | INuka Pap Online platform for personal loans | $1M | 116 mo ago | 3 | 2015 | Waweru Kuria Founder & CEO | — | — |
| 35 | Churpy Provider of account receivables automation and integrated receivables management solutions | $1M | 50 mo ago | 16 | 2020 | John Juma Co-Founder & CEO | — | — |
| 36 | paysoko PaySoko is an online cross-border payment acceptance and payment-in-kind service. | $820K | 40 mo ago | 15 | — | — | WordPress Site EditorElementorWordPress+16 | — |
| 37 | Alvin Mobile-based budget management solutions for small businesses | $740K | 53 mo ago | 7 | 2020 | — | — | — |
| 38 | Tulaa Online marketplace for farm loans | $652K | 87 mo ago | 36 | 2016 | — | — | — |
| 39 | Boya Corporate expense management software | $500K | 51 mo ago | 13 | 2021 | Alphas Sinja Co-Founder & CEO | SentryNode.jsChart.js+22 | — |
| 40 | Jahazii Loan management platform for SMEs | $400K | 8 mo ago | — | 2023 | Sven Grospitsch Co-Founder & CEO | — | — |
| 41 | Pesabazzar Insurance aggregator | $396K | 122 mo ago | 19 | 2015 | Prashanth Srinivas Co-Founder | WordPressMySQLPHP+30 | — |
| 42 | Hisa Fractional investment platform for Kenyan and US stocks | $317K | 43 mo ago | 10 | 2020 | Eric Jackson Co-Founder | PHPparticles.jsLaravel+21 | — |
| 43 | Umati Capital Provider of supply chain financing solutions | $250K | 140 mo ago | 11 | 2012 | — | — | — |
| 44 | FarmDrive Alternative credit scoring platform intended to offer loans to small farmers | $140K | 106 mo ago | — | 2014 | Peris Bosire Co-Founder & Managing Director | — | — |
Top 12 FinTech companies in Kenya
#1
Series B · Nairobi, Nairobi County · founded 2016 · 570 employees$67.8Mraised▾
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 farmers to purchase essential products through a digital store network. It partners with agrodealers to ensure proximity to farmers and provides agricultural training and insurance to protect investments. The goal is to transform subsistence farming into commercial farming, empowering farmers to scale successful agribusinesses and ensure food security. This is achieved through innovative solutions, redefining investment opportunities and driving positive social impact within the agricultural sector.
- May 2026Series B$2.5M
- Apr 2024Grant (prize money)—
- Nov 2023Series B$10M
- Feb 2022Series B$40M
#2
Series A · Nairobi, Nairobi County · founded 2018 · 102 employees$16.7Mraised▾
Provider of online micro-health insurance platform for individuals It offers microinsurance with low premiums. It also offers claims processing services. It provides microinsurance to low-income earners. It distributes microinsurance through partnerships with businesses.
#3
Series C · Nairobi, Nairobi County · founded 2019 · 29 employees$15.3Mraised▾
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 to streamline processes, such as automated repayment recording, resulting in significantly reduced operational costs and lower interest rates. It also offers car financing services leveraging its credit scoring system. The aim is to expand access to fair and efficient financial services for individuals lacking traditional credit histories.
- Aug 2025Conventional Debt$680.4K
- Apr 2025Series C$5.1M
- Feb 2025Series B$12.7M
- Dec 2023Series B$2.2M
#4
Seed · Nairobi, Nairobi County · founded 2016 · 46 employees$12.4Mraised▾
Provider of consumer and business loans
#5
Acquired · Nairobi, Nairobi County · founded 2011 · 99 employees$17.8Mraised▾
Provider of digital banking solutions for individuals. It offers multiple services including savings accounts, money transfers, cash withdrawals, consumer loans, utility bill payments, and more. It provides an app-based platform that is available on Android and iOS devices.
- Apr 2025Venture Debt$5M
- Oct 2024Venture Debt$5M
- Apr 2022Series A$15.5M
- Dec 2020Seed$2M
#6
Series D · Nairobi, Nairobi County · founded 2011 · 2000 employees$240.7Mraised▾
Provider of affordable solar power for households
#7
Series A · Nairobi, Nairobi County · founded 2017 · 43 employees$50.1Mraised▾
Online cross-border remittance platform for individuals. It enables users to send and receive money globally using banking channels. Users must link the debit and credit cards for transferring funds. It features multilingual customer support, recurring transfers, and more. The application is available on Android and iOS platforms.
#8
Seed · Nairobi, Nairobi County · founded 2021 · 19 employees$2Mraised▾
AI-backed payroll management platform for gig workers. It is a technology stack that enables blockchain protocols, dapps, and blockchain fintech companies to integrate seamlessly into local payment channels. It helps provide payments to annotators and other artificial Intelligence workers.
- Oct 2025Seed—
- Sep 2023Seed$2M
- Jan 2022Seed—
- Jun 2021Grant (prize money)—
#9
Seed · Nairobi, Nairobi County · founded 2023$400Kraised▾
Loan management platform for SMEs. It offers a platform that enables users of financial institutions to manage digitizing borrower origination, verification, and analysis. It also offers solutions for financial analysis, compliance management, and more.
- Oct 2025Seed$400K
- Oct 2025Grant (prize money)—
- Oct 2025Conventional Debt—
#10
Seed · Nairobi, Nairobi County · founded 2019 · 41 employees$3Mraised▾
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.
- Dec 2024Seed—
- Feb 2023Seed$3M
#11
Series A · Nairobi, Nairobi County · founded 2017 · 69 employees$13.9Mraised▾
Cloud-based HRMS suite solutions for SMBs.It offers features such as employee attendance tracking, claiming expenses, performance management, an employee self-service portal, payroll administration, time tracking, employee wellness benefits, etc. It is a tool available on the subscription based pricing model.
- Jun 2024Series A$8.8M
- Feb 2023Seed$2.7M
- Aug 2020Seed$2.1M
- Mar 2020Seed$150K
#12
Series B · Nairobi, Nairobi County · founded 2001$24.8Mraised▾
Provider of investment and credit risk insurance solutions. It offers investment insurance, trade credit insurance, surety bonds, and reinsurance to mitigate risks in various sectors. The agency supports infrastructure development and private sector growth by providing financial guarantees and risk mitigation tools. It aims to facilitate trade and investment across the continent. The application process is streamlined, and the agency works with brokers and clients to tailor solutions to specific needs. It also provides investor information and resources to support participation in the market.
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of FinTech coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Fintech is moving in Kenya
A read on the academic research around Fintech — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 90 Kenya-affiliated papers.
- Jomo Kenyatta University of Agriculture and Technology19
- Kenyatta University13
- University of Nairobi12
- Strathmore University8
- Moi University7
- Invoice2
- Factoring2
- Payment2
- Context (archaeology)2
- Supply chain2
- Financial services10→21
- Financial inclusion8→9
- Financial services14
- Financial inclusion7
- Mobile payment6
- Mobile banking6
- Financial transaction4
Where fintech is researched across Kenya
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Common questions
Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.