A Kenyan social commerce platform that facilitates conversational commerce and aims to expand across Africa.
Kenyan neobank Cloud9 raises $500,000 from crypto accelerator Alliance
Cloud9 raised $500,000 in equity from Alliance, bringing total funding to $1 million. The company was founded in October 2025 by Tesh Mbaabu and Mesongo Sibuti.
Crypto accelerator Alliance invests $500,000 in Kenyan fintech Cloud9
Alliance invested $500,000 in Cloud9, a Kenyan fintech focused on digital banking. Cloud9's total funding reached $1 million after attracting investments from Techstars NYC and angel investors.
Africa’s Startup Funding Rebounds to $455m in August 2026, Driven by Mega Deals
31 African startups secured funding rounds of $100,000 or more, raising a combined $455 million in August 2026. August's funding total was a significant rebound from July's $102 million, surpassing the previous 12-month monthly average of $220 million.
Cloud9’s Chpter acquisition reveals a bigger plan for business banking in Africa
Cloud9's acquisition of Chpter aims to consolidate business banking, payments, and commerce into a single platform. The deal follows Cloud9's earlier acquisition of M-Tickets, indicating a strategic growth plan.
Why Kenyan digital bank Cloud9 acquired Mtickets in $773,000 deal
Cloud9 acquired Kenyan ticketing platform M-Tickets in an all-stock deal valued at KES 100 million. The acquisition allows Cloud9 to access a platform that has processed over one million tickets since 2014.
