Asante Financial Services Group - About the company
Asante Financial Services Group is a series A company based in Nairobi (Kenya), founded in 2018. It operates as a Provider of financial services and products to growing businesses in Africa. Asante Financial Services Group has raised $7.5M in funding from Goodwell Investments and Sorenson Impact Foundation. The company has 70 active competitors, including 6 funded and 3 that have exited. Its top competitors include companies like GE Capital, 4G Capital and MyCredit.
Company Details
Provider of financial services and products to growing businesses in Africa. It offers solutions to address the financial needs of underserved individuals and small to medium-sized enterprises. Services include working capital finance, mobile money agent float finance, smartphone finance, and insurance premium finance. The company aims to advance financial independence through accessible and relevant products.
Key Metrics
Founded Year
2018
Location
Nairobi, Kenya
Stage
Series A
Total Funding
$7.5M in 1 round
Latest Funding Round
Investors
Ranked
10th among 70 active competitors
Employee Count
28 as on Jun 30, 2026
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Asante Financial Services Group's funding and investors
Asante Financial Services Group has raised a total funding of $7.5M over 1 round. Its latest funding round was a Series A round on Oct 18, 2021 for $*****. 3 investors participated in its latest round. Asante Financial Services Group has 3 institutional investors.
Here is the list of recent funding rounds of Asante Financial Services Group:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 18, 2021 | 5374827 | Series A | 7000323 | 3233659 | 4978440 | 6992984 |
View details of Asante Financial Services Group's funding rounds and investors
Asante Financial Services Group's founders and board of directors
Founder? Claim ProfileAsante Financial Services Group's employee count trend
Asante Financial Services Group has 28 employees as of Jun 26. Here is Asante Financial Services Group's employee count trend over the years:
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Asante Financial Services Group's Competitors and alternates
Top competitors of Asante Financial Services Group include GE Capital, 4G Capital and MyCredit. Here is the list of Top 10 competitors of Asante Financial Services Group, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | GE Capital 1932, Norwalk (United States), Public | Provides commercial aircraft leasing and lending services | - | 61/100 | |
2nd | 4G Capital 2013, Grand Baie (Mauritius), Series C | Provider of business loans, training, and digital financial services | $29.5M | 54/100 | |
3rd | Online platform offering diversified loans for consumers and businesses | - | 52/100 | ||
4th | App-based platform for loans | - | - | 50/100 | |
5th | Fingo Africa 2020, Nairobi (Kenya), Seed | Provider of a digital bank for individuals | $4.25M | 50/100 | |
6th | Provider of an app-based lending platform | - | - | 44/100 | |
7th | KJMC Finserv Group 1988, Mumbai (India), Public | Corporate advisory firm | - | - | 37/100 |
8th | Credit facilities to small and medium enterprises as well as individuals | - | - | 35/100 | |
9th | Provider of financial guarantees and capacity development to financial institutions supporting SMEs | $11.4M | 34/100 | ||
10th | Asante Financial Services Group 2018, Nairobi (Kenya), Series A | Provider of financial services and products to growing businesses in Africa | $7.5M | 32/100 |
Looking for more details on Asante Financial Services Group's competitors? Click here to see the top ones
Asante Financial Services Group's Investments and acquisitions
Asante Financial Services Group has made no investments or acquisitions yet.
Reports related to Asante Financial Services Group
Here is the latest report on Asante Financial Services Group's sector:
News related to Asante Financial Services Group
•
Joint Ashanti Business Excellence Awards ceremony to be heldBusiness and Financial Times•Apr 22, 2024•Asante Financial Services Group
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Asante To Provide Working Capital To Travel AgentsSoko Directory•Aug 30, 2022•Kenya Airways, Asante Financial Services Group
•
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Kenyan fintech Asante announces $7.5m Series A funding for pan-African expansionDisrupt Africa•Oct 20, 2021•Asante Financial Services Group, Forsage Holdings, Sorenson Impact Foundation, Goodwell Investments and 2 others
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Mastercard welcomes latest Start Path startupsFinextra•May 03, 2021•Mastercard, Asante Financial Services Group, Cledara, Jifiti and 1 other
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Airtel Uganda launches Kwata Essimu smartphone credit schemeTelecompaper•Feb 18, 2021•Airtel Uganda, Asante Financial Services Group, Mastercard, Samsung
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Mastercard partners with Samsung, Airtel and Asante to launch a Pay-on-Demand payments platformAfrica Business Communities•Oct 02, 2020•Mastercard, Samsung, Airtel Africa, Asante Financial Services Group
•
Mastercard, Samsung, Airtel partner on pay-on-demand servicesTelecompaper•Sep 30, 2020•Mastercard, Samsung, Airtel Africa, Asante Financial Services Group
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