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kcbgroup.com

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Investments

1

Portfolio Exits

1

Funds

1

Partners & Customers

10

About KCB Group

Kenya Commercial Bank is a commercial bank serving the Kenyan region.

KCB Group Headquarter Location

Kencom House, P.O.Box 48400

Nairobi, 00100,

Kenya

+254 0711 087000

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Latest KCB Group News

KCB ranked the safest bank in Africa

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.

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KCB Group Investments Activity

investments chart

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

Date

6/27/2019

Exit

Merger

Companies

Valuation

Acquirer

Sources

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

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$99M

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10

9/3/2019

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$99M

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10

Date

11/27/2020

11/27/2020

9/3/2019

Investment Stage

Merger

Companies

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Valuation

Total Funding

$99M

$99M

Note

Acquired

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Sources

1

10

10

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

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10

8/20/2018

Partner

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10

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

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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 .

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Sources

6

1

1

10

10

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

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