The Base

A non-bank financial institution providing credit and related payment technologies

OVERVIEW
  • Founding Year
  • 2012
  • Industry
  • Fintech
  • Segment
  • Lending
  • Operating Status
  • Active
Social Links
ABOUT

Umati Capital is a start-up non-bank financial institution that provides access to credit products and finance through the use of technology.The company builds its own technology, allowing it to provide branchless financial services to small scale suppliers, trading companies and industrial processors. Its main focus is on agri-business supply chains, retailer value chains and manufacturers of fast moving consumer goods, allowing its clients to grow their businesses.

Umati Capital IN NEWS

Funding Rounds: 9Total Funding: $1.14 M
Month/Year Amount Round Type Investors Lead Investor
April 2018 $218 K Crowdfunding Lendahand
July 2017 $326 K Convertible Notes FMO (The Dutch Development Bank)
July 2016 $100 K Grants/Prize Money Legatum Center for Development and Entrepreneurship, The MasterCard Foundation
May 2016 $500 K Grants/Prize Money The Alliance for a Green Revolution in Africa (AGRA)
October 2014 Undisclosed Seed Accion Venture Lab
Not Available Undisclosed AHL Venture Partners
Not Available Undisclosed Blue Haven Initiative
Not Available Undisclosed VestedWorld
Not Available Undisclosed Lundin Foundation

Funding History graph

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Name Designation Social Links  
Ivan Mbowa Co-founder & CEO
Munyutu Waigi Co-founder & CIO
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Company Name Date Amount Stake Source
No acquisition found related to Umati Capital
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