Kwara is a fintech startup based in Nairobi and Berlin that transforms credit unions into modern digital banks. Founded in 2018 in Kenya, Kwara’s mission is to empower the world’s 3 billion underserved people to achieve financial health by digitizing cooperative financial institutions.
Through its cloud-based core banking platform, Kwara equips credit unions with modern tools for member management, digital banking, and secure service delivery. The platform supports credit unions in scaling their services, improving efficiency, and offering members access to mobile-first financial services. Backed by investors such as Breega, Softbank, Norrsken, FINCA Ventures, and Finxparx, Kwara currently serves more than 200,000 end clients.
Core Products and Capabilities:
Cloud-Based Core Banking System
Digital infrastructure tailored for credit unions to manage accounts, savings, and loans.
Digital Member Onboarding
Tools to digitize registration, KYC, and member management processes.
Mobile and Online Banking
Self-service platforms enabling members to access savings, loans, and payments anytime.
API Integrations
Connectivity with third-party services, payment gateways, and financial ecosystems.
Data Security and Compliance
Built-in security features and regulatory compliance for safe financial operations.
Financial Inclusion Tools
Affordable, accessible digital banking solutions for underserved communities.
