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Sumac Microfinance Bank

Sumac Microfinance Bank

Type

investor

Founded

2004

Funding Rounds

0

Portfolio companies

0

About Sumac Microfinance Bank

Sumac Microfinance Bank Ltd is a Kenyan licensed deposit-taking microfinance bank that provides deposit accounts, savings products, trade finance, forex, bancassurance, and a range of loan products (personal, group, business, asset and school fee loans). The bank serves small and medium enterprises and individuals across Kenya through branch networks and a mobile banking platform, focusing on financial inclusion and tailored products for groups and salaried customers.

Sumac Microfinance Bank funding captured (1)

Deal typeStageDateAmountInvestors
AcquisitionAcquiredJun 2, 2025undisclosedMoniepoint (formerly TeamApt)Moniepoint (formerly TeamApt)