HomeTechnologyTop 28 Fintech...

Top 28 Fintech Companies in Kenya in 2022

We live in a digital world where information is stored in cyberspace. This space has made it easy for many companies to make it big based on the Internet. Kenya is no exception; several Fintech Companies in Kenya have gone ahead and set standards when it comes to online transactions, whether financial or social media. For this reason, we shall look at a list of Fintech Companies in Kenya.

What is a Fintech Company?

A Fintech company is a financial technology company that uses technology to provide financial services. Financial technology, or FinTech, is a new industry that uses technology to improve financial services.

FinTech companies use technological innovations to create new products and services or improve existing ones. They can be start-ups or established companies, and they can operate in any financial industry sector, including banking, payments, lending, investments, and insurance.

Many FinTech companies are start-ups that use mobile technologies and the Internet to provide financial services to consumers and businesses. While some FinTech companies focus on consumer-facing products and services, others aim to improve financial institutions’ efficiency or provide new back-end infrastructure for the financial industry. In either case, FinTech companies are using technology to make the financial system more efficient, accessible, and user-friendly.

This article will show you a list of Fintech Companies in Kenya. The list is not in any order. However, if a Fintech Company is on this list, it is a great company.

Top Fintech Companies in Kenya

Here is a list of Fintech Companies in Kenya:

  1. Chura – Chura is a Kenyan, web, and SMS-based service that allows mobile users to access Airtime and Mobile money services across different mobile networks in Kenya.
  2. ConnectAfrica Payments – ConnectAfrica is a B2B technology Solution connecting various payment networks. Members of the hub can facilitate cross-network transfers.
  3. Direct Pay Online.  – Direct Pay Online is a highly secure payment platform that makes payments simple. They enable businesses to accept credit cards, mobile payments, and cross-border payments in specific African Markets.
  4. Eastpesa – Eastpesa helps users send and receive the money within Kenya and East Africa (Uganda and Tanzania).
  5. Musoni
  6. Nomanini
  7. Packline Systems
  8. PesaPal – Pesapal provides a simple, safe, and secure way for individuals and businesses to make and accept payments in Africa.
  9. Remit.
  10. Eclectics International – Eclectics International is a technology-savvy company transforming Africa through innovative, state-of-the-art tailor-made software solutions for the Banking, Financial, Agricultural, Transport & Public sector.
  11. Abacus – Abacus builds web and mobile software to help investors access African financial markets.
  12. Cellulant  – Cellulant Corporation develops and provides a one-stop mobile payment platform for connecting businesses and governments in Africa. The company offers consumer payment, digital and neighborhood agency banking, and remittance solutions.
  13. GrassRoots Bima – GrassRoots Bima is an Insuretech company established to meet the mass market’s insurance needs through innovative, inclusive insurance.
  14. JamboPay – JamboPay is an online payment gateway that allows users to securely make and receive payments through mobile phones over the Internet.
  15. Kopo Kopo – Kopo Kopo has partnered with Kenya’s Safaricom to drive merchant acceptance via the “Lipa Na M-Pesa” service.
  16. Kwanji
  17. Lakt
  18. LelapaFund
  19. Lipisha
  20. M-Changa
  21. Tala – Tala provides fast, personalized loans to approved borrowers and helps customers build a digital credit history, or financial identity, over time.
  22. Tangazoletu
  23. Umati Capital
  24. Beyonic  – This Fintech Company makes it easy for businesses to reduce cash risk & go mobile across their operations. Beyonic helps digitize payment workflow and enables businesses to pay people with mobile money.
  25. BitPesa – BitPesa makes it quick, easy, and cost-effective for any business, anywhere in the world, to send and receive money from frontier markets
  26. Branch  – Branch International is a fast and affordable loan giver in Kenya, taking care of everybody, including the remote area dwellers and the unbanked. Learn how to get a loan on Branch App in Kenya.
  27. Caytree Financial – Caytree Financial helps businesses grow their business and sell more through powerful marketing platforms and financial tools.
  28. Popote Payments – Popote Payments is an online and mobile innovation app that uses mobile money to enable you to make and manage your payments with total control, mobility, and up-to-date record keeping. Popote Payments replaces cash, cheques & expense accounting with an all-in-one, safe & fast solution.

Fintech companies in Kenya are growing at a very high rate and continue to create competition among themselves. The number is expected to increase in the coming years.

Anne Katana
Anne Katana
I am a student of history. In my free time, I enjoy sharing my passion and experiences with people through blogging. I started this blog to educate and inspire people globally. So Welcome to Nasonga.

Related

Continue reading

How to Unbind HikVision Device from Any Account

Here is how to unbind the HikVision device from a lost/another Hik-Connect account. As you all know, the Hik-connect version only allows one device per account. But what if you have switched or lost your phone and you can't remember...

How to Turn Off Comments When Watching Instagram Live.

It is now easy to turn off comments when watching Instagram Live. Facebook recently and secretly brought back this feature. This feature is helpful in many ways. When watching Instagram Live, the comments and notifications can be annoying and distracting. Also,...

How to Divert Safaricom Calls

Safaricom allows you to divert calls to voicemail or another number. It is a good feature to use when busy or unavailable to pick up the phone. The calls divert feature is available through codes, call settings, or third-party apps....

Amazon Kenya Online Shopping Experience for 2022

In this guide, we'll show you everything you need to know about Amazon Kenya online shopping, from how to shop on the site to finding the best deals. Keep reading to learn more about Amazon Kenya and start your...