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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
Ranked
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
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Asante Financial Services Group's founders and board of directors

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Asante 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:
Employee count trend for Asante Financial Services Group
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for GE Capital
GE Capital
1932, Norwalk (United States), Public
Provides commercial aircraft leasing and lending services
-
61/100
2nd
Logo for 4G Capital
4G Capital
2013, Grand Baie (Mauritius), Series C
Provider of business loans, training, and digital financial services
$29.5M
54/100
3rd
Logo for MyCredit
MyCredit
2016, Nairobi (Kenya), Funding Raised
Online platform offering diversified loans for consumers and businesses
-
52/100
4th
Logo for Zash Loan
Zash Loan
2019, Nairobi (Kenya), Unfunded
App-based platform for loans
-
-
50/100
5th
Logo for Fingo Africa
Fingo Africa
2020, Nairobi (Kenya), Seed
Provider of a digital bank for individuals
$4.25M
50/100
6th
Logo for Asapkash
Asapkash
2021, Nairobi (Kenya), Unfunded
Provider of an app-based lending platform
-
-
44/100
7th
Logo for KJMC Finserv Group
KJMC Finserv Group
1988, Mumbai (India), Public
Corporate advisory firm
-
-
37/100
8th
Logo for Mombo
Mombo
2013, Nairobi (Kenya), Unfunded
Credit facilities to small and medium enterprises as well as individuals
-
-
35/100
9th
Logo for AGF
AGF
2011, Nairobi (Kenya), Series A
Provider of financial guarantees and capacity development to financial institutions supporting SMEs
$11.4M
34/100
10th
Logo for Asante Financial Services Group
Asante Financial Services Group
2018, Nairobi (Kenya), Series A
Provider of financial services and products to growing businesses in Africa
$7.5M
32/100
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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

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News related to Asante Financial Services Group

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