Kyanda Africa Startup Kyanda Payments Limited Transforming Payments in Africa

fintech-financial-services

Employees

10

Branch/Offices Locations

Delaware, Nairobi, Johannesburg

Incorporated at

Kenya , 2020

Corporate Office

Nairobi

Platform
WFC
Approved: 10 Mar' 2023
For all investment & financial details and more, please set-up an account to log-in as an investor.

or Register

Product Video

Elevator Pitch

Product Description

An interoperable digital Wallet which enables individuals and businesses to make utility payments as well as send and receive money cheaply and safely. We are able to offer these services through API, PDQ infrastructure and mobile applications.


Startup Description

Kyanda is a fintech company that aims to revolutionize the way people and businesses handle their finances. With our cutting-edge neobank platform, we offer a wide range of financial services that are accessible, secure, and convenient.


Product Screenshots


Business Model

Kyanda Africa generates revenue by earning commissions from Value Added Services (VAS) e.g Airtime and charging transaction fees on money transfers offered to our customers. These fees are typically lower than what traditional banks and competition charge, making Kyanda Africa's services more accessible to low-income individuals and small businesses. Overall, our model is designed to be scalable and sustainable, with a focus on delivering value to both our customers and partners.


Customers based in

Africa (excluding North Africa), Middle East & North Africa

Business Modal Type

Mobile App

Type of Sales

B2B, B2C, B2B2C

Competitors

Pesalink, Sasapay

Teams

Collins Kathuli

Chief Executive Officer - Founder

Emmanuel Manani

Chief Operations Officer / Co-Founder

Collins Wamucii

Chief Technology Officer

Elias Waliaula

Chief Growth Officer

Esther Mkanyika

Head of Customer Support

Almaz Kireki

Customer Support

Vincent Nyapuodi

Software Engineer

Victor Githinji

Software Engineer

Josphat Nyota

Creative Designer

Mattew Karanja

Junior Software Developer

Tell us a bit about how founding team knows each other.

All the members of the founding team went to high school together. This helped us develop a deep understanding and appreciation for each other's strengths and weaknesses. This familiarity has also helped form a cohesive team that is able to work together effectively and efficiently towards achieving the company's goals.

Why did you decide to start this company?

It initially was a high school project which was aimed at enabling the easier purchase of airtime. After completion of high school, we decided to pursue it and we have been going on ever since.

Are all the founders full-time on this project?

Yes

Looking for an opportunity to invest in companies like Kyanda Africa?

Set up your account as an Investor.

Already have an account?

Personal Details

Scale your Venture

invstt offers a chance to find the right investors to back your idea.

Join As FounderAlready have an account?