RSR has advised Kenyan fintech Kwara in its $ 3.00M seed extension round. The round included existing investors DOB Equity, Globivest and Willard Ahdritz as well as new investors such as One Day Yes, Base Capital and Mikko Salovaara (CFO of Revolut).
Founded in 2018 by Cynthia Wandia and David Hwan, Kwara provides secure, simple and affordable online and mobile banking for SACCOs, also known as credit unions and community banks. The capital raised will be used in particular to expand the product features and commercial growth.
RSR is a boutique law firm specializing in advising investors and startups in venture capital transactions.
Team RSR: Emanuel Spitzy, Dr. Julian Schroeder