4G Capital Raises $2 Million to Expand Access to Financial Services in East Africa

The Kenyan fintech company 4G Capital has raised $2 million in a new round of strategic funding aimed at accelerating its expansion in East Africa and increasing access to credit for small businesses and firms operating in the informal sector.

This investment will support the company’s mission to increase access to financial services by providing working capital loans and organizing business training for microenterprises and small businesses, which often lack sufficient access to traditional banking services. Since its founding in 2013, the company has developed a model that combines digital lending technologies with personalized support to help entrepreneurs build sustainable businesses.

4G Capital, which operates in Kenya and Uganda, has issued loans totaling over $800 million and processed millions of loan transactions for hundreds of thousands of customers. The company is steadily moving toward the significant milestone of surpassing $1 billion in total loan volume, while expanding its operations in the region.

The latest funding was provided by the Global Innovation Fund through its investment arm focused on supporting growth. These funds will be used to strengthen the company’s “touch-tech” approach, which combines digital platforms with field staff who provide direct customer service and financial education.

This hybrid model is designed to provide entrepreneurs—particularly businesses led by women and young people—not only with access to financing, but also with practical guidance on improving business performance and enhancing financial literacy.

Some of the funds will also be allocated to modernizing digital systems, expanding partnerships, and improving service delivery as the company grows, while maintaining close ties with the local community.

Looking ahead, the company is also considering plans for a Series D funding round to support the next phase of its growth and more aggressive digital expansion in East Africa.