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10
Delaware, Nairobi, Johannesburg
Kenya , 2020
Nairobi
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.
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.
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.
Africa (excluding North Africa), Middle East & North Africa
Mobile App
B2B, B2C, B2B2C
Pesalink, Sasapay
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
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