Kenya’s Kwara raises $4m in a seed round to launch a credit union-powered neobank.

Kenya’s Kwara raises $4m in a seed round to launch a credit union-powered neobank.

Kwara, a Kenyan startup that is assisting in the transformation of traditional savings cooperatives into modern digital banks, has raised a US$4 million seed funding round to advance the development of its neobank app ahead of its upcoming release. Kwara, founded in 2018 by Cynthia Wandia and David Hwan, is a digital banking platform that…