Kwara Selected for Norrsken Impact Accelerator

Lenin Lumumba

Press Release

Nairobi, Kenya, 25 May 2021. Kenyan fintech startup Kwara has been selected for the Norrsken Impact Accelerator in Europe’s unicorn capital: Stockholm, Sweden.

Norssken announced that Kwara is one of the twenty startups selected to join the prestigious Norrsken Impact Accelerator. This follows applications from over 120 countries, placing Kwara in the top 1% of impact startups across the globe. Unicorn founders and serial entrepreneurs will offer tailor-made support during the 8-week program. The program concludes with a pitch in front of 150+ top international investors such as Accel and Norrsken VC.

"Norrsken has proven to find and accelerate high-impact startups with unicorn potential and we are honoured to participate this year."

Cynthia WandiaCo-founder & CEO, Kwara
Cynthia Wandia, Portrait smiling

“Following Kwara’s rapid growth and international presence, we are certain that the close interaction and mentorship from founders of unicorns such as Klarna, Truecaller and Oatly will ensure Kwara learns from the very best as we chart our path to the top."

Norrsken VC is a €125 million impact VC fund investing in the best entrepreneurs that solve societal issues using technology. The vision for the Norrsken Impact Accelerator is to create real change through investing in the next generation business models. They focus on businesses where the impact is a result of the core operations and impact and profit go hand in hand.

ABOUT KWARA

Kwara offers a secure, simple and affordable digital banking platform for savings and credit cooperatives. Kwara’s mission is to make building wealth together frictionless, so the world's 3 billion un- and underbanked can become financially independent. Backed by investors across Africa, Asia, Europe and the US, today Kwara serves over 40,000 members in Kenya, South-Africa and The Philippines and with over $40M in monthly transactions on the platform. Visit www.kwara.com 

For press inquiries, contact press@kwara.com

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