Thursday, April 23, 2026Global tech, startups & capital — covered for Africans.
Digital bank offering financial services to underserved populations in Kenya and Nigeria.
Auto-discovered — editorial review pending
Umba is a digital bank that provides financial services like loans, current accounts, bill payments, and money transfers. While founded in Kenya, it focuses on serving underserved populations in Kenya and Nigeria. Umba acquired a majority shareholding of Daraja, a Kenyan deposit-taking microfinance bank. It raised $15 million in Series A funding led by Costanoa Ventures and $5 million in debt funding from Star Strong Capital.
| Date | Round | Amount | Lead |
|---|---|---|---|
| Apr 15, 2022 | $15.0M |
