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EVENT DETAILS |
Hear from Tiernan Kennedy, Co-Founder CEO of Umba, on March 23rd.
About this Event
Join us virtually for an afternoon with Tiernan Kennedy, the Co-Founder & CEO of Umba. Tiernan will talk to us about how he got his start, his experience as an entrepreneur & how he went about founding & building Umba, an African digital bank which offers free bank accounts & financial services to customers. We'll discuss building within the financial services market, raising a seed round, & more.
He will also answer all of your questions about building live.
About Umba:
Currently operating in Kenya & Nigeria, Umba offers a safe, transparent & accessible digital financial service alternative to legacy African banks. The full service digital banking app is bringing the next generation of financial services to the underserved & rapidly emerging market that exists in Africa.
The startup offers its services through a mobile app where customers have access to a free checking account, free instant peer-to-peer money transfers, lending, deposits, BillPay & cashback. This eliminates the high cost barriers & inconvenient payment processing methods found across traditional banking institutions in African countries that make basic banking inaccessible for millions of people.
Investors in its US$2 million seed round include Lachy Groom, ex-head of issuing at Stripe, as well as Ludlow Ventures, Frontline Ventures & Act Venture Capital.
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