This Kenyan fintech will spend $4 million on building a virtual bank for credit unions
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This Kenyan fintech will spend $4 million on building a virtual bank for credit unions

ByBrian Kithinji

Kwara, a Nairobi-based fintech, has raised $4 million seed capital to build a neobank app that will enable individuals to sign up with their preferred credit unions and access various financial services. Kwara was launched in 2019 to aid credit unions, commonly known as SACCOs, in Kenya shift to digital platforms by providing them with…