GJO & PartnersInvest Matching

Fintech in Kenya: funding deals and active investors

One of the best-documented segments on the platform. Latest rounds, investors who lead them, tickets and instruments — Fintech, Kenya.

12

deals recorded

1

over 12 months

8 M$

median disclosed ticket

18

identified investors

Key findings

  • 12 funding deals recorded (Fintech, Kenya) since 2012, involving 10 companies and 18 identified investors. 1 of them over the last 12 months (3 the previous year).
  • Median disclosed ticket: 8 M$; half of the deals fall between 4.2 M$ and 10.2 M$ (8 amounts disclosed out of 12, 91.2 M$ in total).
  • Where the money goes: Digital lending and scoring (25 %), Insurtech (25 %), Money transfer and remittances (25 %).
  • Most frequent stage: Pre-Seed (33 %); most used instrument: Equity (67 %).
  • Most active investors: TLcom Capital (3), P1 Ventures (2), 4DX Ventures (1).
  • 33 % of deals are syndicated (at least two investors around the table).

Industries

  • Digital lending and scoring3
  • Insurtech3
  • Money transfer and remittances3
  • Crypto and blockchain1
  • Fintech infrastructure (APIs, open banking, BaaS)1

Stages

  • Pre-Seed4
  • Series A3
  • Seed2
  • Series C+1

Instruments

  • Equity8
  • Grant1

Deals per year

YearDealsDisclosed amounts
2021316 M$
2022110 M$
202312 M$
2025415.6 M$

Most active investors

Latest deals

CompanyDateDisclosed amountsLead
Kotani PayCrypto and blockchain · Kenya · Pre-SeedOct 2025undisclosedTethersource
HoneyCoinMoney transfer and remittances · Kenya · SeedAug 20254.9 M$TLcom Capitalsource
MyCreditDigital lending and scoring · KenyaApr 202510.7 M$undisclosedsource
SeviDigital lending and scoring · KenyaJan 2025undisclosedRenew Capitalsource
Kotani PayMoney transfer and remittances · Kenya · Pre-SeedSept 20232 M$P1 Venturessource
TuracoInsurtech · Kenya · Series ASept 202210 M$Novastar Venturessource
VertoMoney transfer and remittances · Kenya · Series ASept 202110 M$P1 Venturessource
CredableFintech infrastructure (APIs, open banking, BaaS) · Kenya · Pre-SeedApr 2021undisclosedTCVPsource
PulaInsurtech · Kenya · Series AJan 20216 M$TLcom Capitalsource
SharaDigital lending and scoring · Kenya · SeedJan 2020undisclosedTLcom Capitalsource
CellulantPayments and mobile money · Kenya · Series C+May 201847.5 M$TPGsource
PulaInsurtech · Kenya · Pre-SeedJan 201250 k$The Mulago Foundationsource
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See also

Method: published funding deals (press releases, specialised media), recorded by Invest Matching's news monitoring and reviewed before integration. Amounts in US dollars; deals without a disclosed amount count in the totals, not in the medians.