How much funding have Neobank startups in Kenya raised?

Neobank startups in Kenya have raised $9.1M across 11 disclosed rounds.

Who invests in Neobank startups in Kenya?

Alliance DAO has backed 1 of them, followed by AWS FinTech Africa Accelerator (1) and DIFC FinTech Hive (1). 13 investors have backed Neobank startups in Kenya in total.

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Neobank startups in Kenya

StartupList Africa tracks 6 Neobank startups in Kenya, which have raised $9.1M across 11 disclosed rounds. Nairobi has the most, with 6. 13 investors have backed them.

Companies: 6; in Kenya
Total raised: $9.1M; 11 rounds
Investors: 13; backed them

Updated 27 Oct 20266 companiesSource: SLA Startup IndexHow sectors are assigned →Full directory →

Neobank startups in Kenya6

#	Startup	What they do	Last round	Raised	Team
1	ApeniaKenya	AI-driven digital finance platform offering salary advances, loans and savings in Kenya and beyond	-	Not disclosed
2	Asante Financial Services GroupKenya	Asante Financial Services Group is a Kenyan startup advancing financial independence of underserved small businesses and individuals in Africa.	Series A	$8M	11–50
3	Paycloud AfricaKenya	Paycloud empowers African SMEs with digital banking, smart POS, and AI-driven financing solutions.	Grant	$850K	1–10
4	Cloud9Kenya	Cloud9 is a Nairobi-based digital bank for cross-border payments and business banking.	Pre-seed	$500K
5	hela.moneyKenya	hela.money aims to digitise the way money moves and flows in the global economy.	Non-equity Assistance	$175K	2–10
6	FingoKenya	Fingo is providing an alternative brand of banking to African millennials, starting from Kenya.	Seed	$125K	2–10

SLA Startup Index · as of 27 Oct 2026 · raised is disclosed funding

Showing 1–6 of 6

Frequently asked about Neobank in Kenya

How many Neobank startups are there in Kenya?: StartupList Africa tracks 6 Neobank startups in Kenya.
How much funding have Neobank startups in Kenya raised?: Neobank startups in Kenya have raised $9.1M across 11 disclosed rounds.
Who invests in Neobank startups in Kenya?: Alliance DAO has backed 1 of them, followed by AWS FinTech Africa Accelerator (1) and DIFC FinTech Hive (1). 13 investors have backed Neobank startups in Kenya in total.
Where in Kenya are Neobank startups based?: Nairobi (6) have the most.

Cite this page

StartupList Africa, “Neobank startups in Kenya”, updated 27 Oct 2026.

startuplist.africa/countries/kenya/industries/neobank