US EditionWakandi Seeks $50 million to Digitize SACCOs in Kenya
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Wakandi Seeks $50 million to Digitize SACCOs in Kenya
Norwegian fintech firm Wakandi has launched a capital raise of USD 50 million (Ksh6.5 billion) to accelerate the digitisation of Savings and Credit Cooperatives (SACCOS) and cooperatives across Africa, with Kenya at the centre of its strategy.Speaking in Nairobi during the signing of a partnership between Wakandi and Mastercard East Africa, Wakandi Group CEO Espen Kvelland said the funds will help meet growing demand from SACCOs eager to moderni…
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