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Top 10 Payments Angel Investors in Kenya (October 2026)

The most active angel investors investing in Kenya Payments startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Kenya Payments startup companies. Find investors to raise a Pre-Seed, Seed or Angel round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Aristarichus Weru
Angel
3 Kenya Seed, Pre-Seed Mobile Apps, Financial Services, Billing
Peter Sandberg
Angel
2 Denmark, Kenya, Estonia Angel, Pre-Seed, Secondary Market Internet, SaaS, FinTech $150k–$1.1M
Vasiliy Shapovalov
Angel
2 Kenya, United States, Cayman Islands Seed, Angel, Pre-Seed Cryptocurrency, Decentralized Finance (DeFi), B2B $50k–$4.9M
James Waugh
Angel
2 Kenya Seed B2B, FinTech, Payments $50k–$4.9M
Jackson Kibigo
Angel
1 Kenya Pre-Seed Billing, Software, Business Development
Paul Kimani
Angel
1 Kenya Pre-Seed Billing, Software, Business Development
Jesper Drescher
Angel
1 Denmark, Kenya Seed, Angel SaaS, Gaming, Content $800k–$1.2M
Ken Njoroge
Angel
1 Kenya, United States Pre-Seed, Series A, Convertible Note Software, Billing, FinTech $1.2M–$20M
Isaak Hayes
Angel
1 Kenya Pre-Seed Agentic AI, Cyber Security, Fraud Detection
Benjamin Fernandes
Angel
1 United Kingdom, Kenya Pre-Seed, Seed Software, Billing, Compliance $700k–$1.2M
Access all 3 angel investors in Kenya Payments startups.

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Investor list

Aristarichus Weru
Angel · 3 investments in Kenya Payments startups

Founder & CEO @ The Kueq Limited

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Investment focus

  • Industry: Mobile Apps, Financial Services, Billing
  • Stage:Seed, Pre-Seed
  • Geography: Kenya

Investor stats

  • Total investments: 3
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • UbaPesa — UbaPesa is the best peer to peer lending app in Kenya which allows you to lend and borrow money in real-time.
  • The Kueq Limited — The kueq is a Virtual Bank mobile based user initiated Automated & manual lending & borrowing app providing a platform for Individual funders to loan to individual borrowers on 10 days & 20 days, World major currencies FX trading (USD/KES, EUR/KES, GBP/KES) Have a physical and or virtual prepaid card, credit card& or debit card, Make RTGS & international TT using SWIFT Pesa linked – local payment gateway Pay water, electricity, cable bills. Buy government treasury bond and treasury bills, Buy insurance covers both life & general insurance covers et al. Crowd funding of it’s own shares, (Buy shares of The kueq limited on it’s own app. The next level crowd funding) based on real time company performance information e.g toplines, PAT, EBITDA, D/E, EPS, DPS, statutory ratios; cash ratios, core capital, Business accounts, Bid bond & invoice discounting
Show all investments...

Peter Sandberg
Angel · Copenhagen, Hovedstaden, Denmark · 2 investments in Kenya Payments startups

Peter Sandberg is a Co-Founder of Nordic Secondary Fund, and a venture partner at Startup Wise Guys. He has extensive experience as a Business Angel, Asset Management and Wealth Management

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Investment focus

  • Industry: Internet, SaaS, FinTech
  • Stage:Angel, Pre-Seed, Secondary Market
  • Geography: Denmark, Kenya, Estonia

Investor stats

  • Total investments: 18
  • Round size: Angel $260k–$1.1M; Pre-Seed $150k–$226k
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • Simporter — From consumer insight to validated, opportunity-sized concept in six weeks. AI-powered research for CPG and FMCG brands.
  • Cavea — CAVEA.IO is providing AI based sponsorship and advertising measurement for esports and brands. We help companies make better and more informed decisions based on insights by analyzing the impact of marketing in streaming and social media. We offer authentic and lightning-fast customer support smoother than you ever expected. Working with giantslike FNATIC, ASTRALIS, and DREAMHACK - we continuously strive to become better and deliver more than anyone expects.
  • Hive.id — Proactively prevent fraud, build secure experiences for your customers and drive your revenue growth.
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Vasiliy Shapovalov
Angel · Peyia, Paphos, Cyprus · 2 investments in Kenya Payments startups

Vasiliy Shapovalov

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Investment focus

  • Industry: Cryptocurrency, Decentralized Finance (DeFi), B2B
  • Stage:Seed, Angel, Pre-Seed
  • Geography: Kenya, United States, Cayman Islands

Investor stats

  • Total investments: 6
  • Round size: Seed $50k–$4.9M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Drop — Breathing new life into the Interchain through liquid staking. Proud member of the @LidoFinance Alliance. https://t.co/P4rK2hzcTd
  • HoneyCoin — HoneyCoin is a web3/web2 ecosystem of products built in a way that abstracts complexity and brings all the value of web3 and web2 to the forefront.
  • OneBalance — Connecting institutions to next generation financial markets
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James Waugh
Angel · 2 investments in Kenya Payments startups

James Waugh - Head of Business Development @ CanYa

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Investment focus

  • Industry: B2B, FinTech, Payments
  • Stage:Seed
  • Geography: Kenya

Investor stats

  • Total investments: 2
  • Round size: Seed $50k–$4.9M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • HoneyCoin — HoneyCoin is a web3/web2 ecosystem of products built in a way that abstracts complexity and brings all the value of web3 and web2 to the forefront.
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Jackson Kibigo
Angel · Nairobi, Nairobi Area, Kenya · 1 investments in Kenya Payments startups

Jackson Kibigo is the COO and CFO at WorkPay. Jackson attended Y Combinator.

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Investment focus

  • Industry: Billing, Software, Business Development
  • Stage:Pre-Seed
  • Geography: Kenya

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Chpter — Chpter is a software development company that offers fast billing and checkout to help start, run, and grow a business.
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Paul Kimani
Angel · Nairobi, Nairobi Area, Kenya · 1 investments in Kenya Payments startups

Paul Kimani is the co-founder and CEO of Workpay.

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Investment focus

  • Industry: Billing, Software, Business Development
  • Stage:Pre-Seed
  • Geography: Kenya

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Chpter — Chpter is a software development company that offers fast billing and checkout to help start, run, and grow a business.
Show all investments...

Jesper Drescher
Angel · Copenhagen, Hovedstaden, Denmark · 1 investments in Kenya Payments startups

Jesper Drescher

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Investment focus

  • Industry: SaaS, Gaming, Content
  • Stage:Seed, Angel
  • Geography: Denmark, Kenya

Investor stats

  • Total investments: 3
  • Round size: Seed $800k–$1.2M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Sky.Garden — With Sky.Garden you can upload products and start selling your products immediately via your own free mobile webshop. No cost upon entry. No hidden fees. Fully automated payment and shipping options are integrated out-of-the-box. 100% Safe and secure.
  • GamerzClass — A new beginning for GamerzClass
  • ReFlow - engineering a circular economy — Calculate, document, and reduce your maritime Scope 3 emissions with ISO-compliant LCA software. Built for shipowners, operators, and OEMs. No expert required.
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Ken Njoroge
Angel · Nairobi, Nairobi Area, Kenya · 1 investments in Kenya Payments startups

Ken is a co-founder and the group CEO of Cellulant. A mobile commerce evangelist and career entrepreneur, Ken previously served as co-founder and Solution Design Director of 3Mice Interactive Media. The company grew from a two-man team to a leading web development firm in East Africa. 3Mice was later acquired by Africa Online- the largestPan-African Internet Service Provider.Ken is unwavering in his pursuit of seeing Cellulant achieve its mission of building a world class, values-driven $1B business for Africa, by Africans, in Africa. Ken has led the company from an idea sketched on a serviette in 2003 with his co-founder Bolaji Akinboro, to a reputable payments company in Africa. Cellulant currently has more than 300 employees across 11 markets; servicing 34 countries in Africa. Over the past couple of years, Ken has invested time in training and advising the next generation of entrepreneurs, and contributing to the growth of the entrepreneurship ecosystem in Africa. In recognition of this, in 2017, Ken was selected as the first Sub-Saharan and Kenyan Global Endeavor Entrepreneur for his commitment to advancing an ecosystem of entrepreneurship in Africa.

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Investment focus

  • Industry: Software, Billing, FinTech
  • Stage:Pre-Seed, Series A, Convertible Note
  • Geography: Kenya, United States

Investor stats

  • Total investments: 5
  • Round size: Pre-Seed $1.2M–$3M; Convertible Note $20M–$20M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Chpter — Chpter is a software development company that offers fast billing and checkout to help start, run, and grow a business.
  • Leta — Leta Technology is a software development company that creates supply chain and logistics software to enable the efficient and automated movement of goods.
  • MarketForce — MarketForce is a US, Kenya and Nigeria-based technology company that is building the SuperApp for Africa's 100 million merchants. MarketForce provides an all-inclusive B2B Commerce and Fintech platform (dubbed “RejaReja” – Swahili for ‘retail’) that empowers merchants in Africa to source, order and pay for inventory digitally and conveniently,access financing, collect digital payments and make extra money by reselling digital financial services such as airtime, electricity tokens and bill payments. Launched in 2018, MarketForce is a fast-growing YC backed company running an asset-light business model and is currently operational in 5 markets in Sub-Saharan Africa, with over 200,000 merchants and 50 consumer brands trading on the platform.
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Isaak Hayes
Angel · 1 investments in Kenya Payments startups

Founder & Product Leader | Built Hidden Genius Project + Nafasi Connection | 20+ years scaling founder ecosystems and product platforms

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Investment focus

  • Industry: Agentic AI, Cyber Security, Fraud Detection
  • Stage:Pre-Seed
  • Geography: Kenya

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • deeptrack — Enterprise deep fakes detection company
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Benjamin Fernandes
Angel · Stanford, California, United States · 1 investments in Kenya Payments startups

Benjamin Fernandes is the Founder & Chief Eating Officer of NALA. He previously worked at TING - Tanzania Integrated Network Group as a Technical and operations manager. Benjamin Fernandes attended Stanford Graduate School of Business.

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Investment focus

  • Industry: Software, Billing, Compliance
  • Stage:Pre-Seed, Seed
  • Geography: United Kingdom, Kenya

Investor stats

  • Total investments: 3
  • Round size: Pre-Seed $700k–$1.2M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Chpter — Chpter is a software development company that offers fast billing and checkout to help start, run, and grow a business.
  • Kunda Kids — Kunda Kids brings African stories to life! Award-winning books, music & media that make early learning joyful, empowering & proudly cultural.
  • Eunice — Eunice combines extensive on-chain data with powerful off-chain insights to provide a customisable, AI-driven due diligence and monitoring solution
Show all investments...

Payments Angel investor funding in Kenya at a glance

Stats across 3 deals from 3 investors.

3
investors
in Kenya Payments startups
3
deals
in Kenya Payments startups
$1.5M
median round
in Kenya Payments startups
0%
lead investors
lead at least one round
100%
Seed
most common funding stage

Access all 3 angel investors in Kenya Payments startups.

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