USD 420,903,999+
*Data updated daily at 18:00 EAT
East African fintech 4G Capital has secured a USD 2 M strategic investment from GIF Growth, the Global Innovation Fund’s growth-stage vehicle, to expand financial inclusion across the region.
Founded in 2013 by Wayne Hennessy-Barrett, the company provides credit and training to micro and small enterprises (MSEs), which account for over 80% of employment but remain largely excluded from formal finance.
4G Capital has disbursed over USD 800 M through 6.8 million loans to more than 755,000 clients in Kenya and Uganda and is nearing USD 1 B in total lending.
The new funding will scale its “touch-tech” model, combining digital lending with in-person support, while strengthening infrastructure and partnerships. The company is also exploring a future Series D round.