Investments
1Portfolio Exits
1Funds
1Partners & Customers
10Latest KCB Group News
Oct 9, 2021
NAIROBI, Kenya, October 8 –KCB Group has received two global accolades, cementing its leadership position in driving excellent customer service and supporting East Africa’s economic agenda. KCB has been ranked the Safest Bank in Africa by Global Finance in the World’s Safest Banks, 2021. The Group has also been ranked as the most valuable financial […]
KCB Group Investments
1 Investments
KCB Group has made 1 investments. Their latest investment was in Easy Taxi as part of their Line of Credit on February 2, 2016.
KCB Group Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
2/10/2016 | Line of Credit | Easy Taxi | $9.8M | Yes | 1 |
Date | 2/10/2016 |
|---|---|
Round | Line of Credit |
Company | Easy Taxi |
Amount | $9.8M |
New? | Yes |
Co-Investors | |
Sources | 1 |
KCB Group Portfolio Exits
1 Portfolio Exit
KCB Group has 1 portfolio exit. Their latest portfolio exit was Easy Taxi on June 27, 2019.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
6/27/2019 | Merger | 1 |
KCB Group Acquisitions
3 Acquisitions
KCB Group acquired 3 companies. Their latest acquisition was BancABC Tanzania on November 27, 2020.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
11/27/2020 | Acquired | 1 | ||||
11/27/2020 | Merger | |||||
9/3/2019 |
Date | 11/27/2020 | 11/27/2020 | 9/3/2019 |
|---|---|---|---|
Investment Stage | Merger | ||
Companies | |||
Valuation | |||
Total Funding | |||
Note | Acquired | ||
Sources | 1 |
KCB Group Fund History
1 Fund History
KCB Group has 1 fund, including KCB Makueni County Fund I.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
11/4/2016 | KCB Makueni County Fund I | $1.18M | 1 |
Closing Date | 11/4/2016 |
|---|---|
Fund | KCB Makueni County Fund I |
Fund Type | |
Status | |
Amount | $1.18M |
Sources | 1 |
KCB Group Partners & Customers
10 Partners and customers
KCB Group has 10 strategic partners and customers. KCB Group recently partnered with Ukheshe on February 2, 2021.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
2/1/2021 | Licensee | Ukheshe | South Africa | Ukheshe Partners with KCB to Boost Payment Services in East Africa Ukheshe has partnered with the Kenya-based lender KCB to issue both physical and virtual banking cards across East Africa . | 6 |
1/18/2021 | Partner | Mastercard, and Unilever | United States, and | Unilever, KCB and Mastercard partner to drive COVID-19 economic recovery among retailers Under the partnership , the retailers will be offered uncollateralised loan in the form of physical stock from Nestle following analyses of the MSME 's sales history by Nomanini . | 1 |
12/1/2020 | Partner | Safaricom | Kenya | KCB CEO Oigara Hints Launch of Streamlined Loan Product with Safaricom According to the discussion with the journalists , KCB Group 's relationship with Safaricom has been great , following a friendship struck between its CEO and former Safaricom CEO the late Bob Collymore . | 1 |
9/9/2020 | Partner | ||||
8/20/2018 | Partner |
Date | 2/1/2021 | 1/18/2021 | 12/1/2020 | 9/9/2020 | 8/20/2018 |
|---|---|---|---|---|---|
Type | Licensee | Partner | Partner | Partner | Partner |
Business Partner | Ukheshe | Mastercard, and Unilever | Safaricom | ||
Country | South Africa | United States, and | Kenya | ||
News Snippet | Ukheshe Partners with KCB to Boost Payment Services in East Africa Ukheshe has partnered with the Kenya-based lender KCB to issue both physical and virtual banking cards across East Africa . | Unilever, KCB and Mastercard partner to drive COVID-19 economic recovery among retailers Under the partnership , the retailers will be offered uncollateralised loan in the form of physical stock from Nestle following analyses of the MSME 's sales history by Nomanini . | KCB CEO Oigara Hints Launch of Streamlined Loan Product with Safaricom According to the discussion with the journalists , KCB Group 's relationship with Safaricom has been great , following a friendship struck between its CEO and former Safaricom CEO the late Bob Collymore . | ||
Sources | 6 | 1 | 1 |
KCB Group Team
1 Team Member
KCB Group has 1 team member, including former Chief Information Officer, George Makiya.
Name | Work History | Title | Status |
|---|---|---|---|
George Makiya | Chief Information Officer | Former |
Name | George Makiya |
|---|---|
Work History | |
Title | Chief Information Officer |
Status | Former |