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Kwara Seed

Funding Round
KwaraDecember 9, 20214y ago

Amount Raised

$4M

Date Announced

Dec 09, 2021

4y ago

Disclosed Investors

12

1 lead

Linked Sources

1

Kwara Seed round record, dated Dec 09, 2021, amount listed $4M, 12 disclosed investors.

Notes

Ben Marrel, founding partner at Breega, said there was increasing interest in how to build wealth through community, as well as a shift in consumer preferences towards digital-first banking. “Kwara’s unique approach is a catalyst for a new way of retail banking through digital-first credit unions. We are both proud and excited to be helping this outstanding team scale across Africa and other emerging markets,” he said.

Disclosed Investors (12)
Lead Investor
Breega

Venture Capital

Participating
Globivest

Private Equity

DO

Venture Capital

Rabacap

Venture Capital

Launch Africa

Private Equity

Future Africa

Venture Capital

DOB Equity

Venture Capital

FINCA Ventures

Venture Capital

Record Details
Date announced
December 9, 2021
Round
Seed
Amount raised
$4,000,000
Pre-money valuation
Post-money valuation
Disclosed investors
12
Lead investors
1
Linked sources
1