4G Capital and Mambu empower entrepreneurs in Africa


4G Capital, an award-winning neobank powering micro and small business growth in Africa, announced their go-live on Mambu‘s leading cloud banking platform. 

4G Capital provides unsecured business loans along with enterprise training and access to digital solutions. Mambu’s platform will enable the neobank to scale and expedite its digital journey to meet customer business needs.

4G Capital employs over 900 employees across Kenya and Uganda.  Since its inception in 2013, the company has loaned over 1,750,000 small business working capital loans valued at over $230 million.

4G Capital has delivered more than 1.75 million loans since its inception in 2013 and decided to move to a cloud-native banking platform to help facilitate its ambitions to scale. The neobank conducted significant market research and screening before selecting Mambu; the platform’s flexible and composable technology approach enables 4G Capital to expand its customer base across Africa and grow its financial services portfolio.

4G also prioritised brand compatibility in their search, including shared values and socially conscious goals. Both Mambu and 4G Capital share the same mission of bridging the finance gap. Since 2013, 4G Capital has been on a mission to unlock human potential for good, enabling traditionally excluded micro and small enterprises to access funding with products designed to increase clients’ take-home earnings, grow their businesses and improve access to vital services. This is achieved through a blend of relationship management with proprietary AI technology to minimise default risk.

Mambu aims to enable billions of people to have access to modern banking experiences and started in 2011 servicing micro-lenders, primarily in emerging markets in Africa. Today, Mambu has 77 million daily users and over 230 banks and financial institutions as customers. 

The roadmap for 4G , supported by Mambu, sees a range of new products and services to serve micro and small enterprises, scaling across existing markets of Kenya and Uganda, then into new emerging markets both organically and with channel partners.



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