
Co-operative Bank of Kenya
Personal & Corporate Banking | Co-operative Bank of Kenya |.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
investor | €0.0 | round | |
investor | €0.0 | round | |
* | $25.0m | Debt | |
Total Funding | 000k |
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Co-op Bank, headquartered in Kenya, is a financial institution that primarily serves Micro, Small, and Medium Enterprises (MSMEs). The bank operates in the Kenyan market, offering a variety of financial products and services tailored to meet the needs of its clients. These include import duty financing solutions to manage unexpected costs during importation, mobile banking services through MCo-opCash, and merchant services with POS gadgets to facilitate easy payments and boost sales. Co-op Bank's business model revolves around providing accessible and innovative banking solutions that help MSMEs manage their finances more efficiently and capitalize on emerging opportunities. The bank generates revenue through interest on loans, transaction fees, and service charges.
Keywords: MSMEs, import duty financing, mobile banking, MCo-opCash, POS gadgets, financial solutions, Kenya, merchant services, innovative banking, revenue generation.