✅ Overview

Name: Bingwa Capital Ltd
Founded: 2019 (bingwacapital.co.ke)
Headquarters: Thika Town, Kwame Nkrumah Street, Clairbourn House, Room E5
Contact:

• Phone: +254 100 100 114
• Email: info@bingwacapital.co.ke (co.ke)

🏦 Mission & Vision

Mission: To deliver fast, reliable, and simple financial solutions.
Vision: To become the most trusted partner in financial empowerment, transforming lives and businesses across Kenya and beyond.

💡 What They Do

Bingwa Capital specializes in salary advance check-off loans geared toward employees in small- to medium-sized private firms and select public-sector organizations: (bingwacapital.co.ke)

• Salary Advances: Quick funds for urgent needs like school fees or emergencies.
• Employer-Focused Solutions: Risk-free, integrated systems that streamline payroll deduction.
• Customized Financial Products: Tailored offerings based on specific client needs.

They operate via multiple user-friendly channels: USSD (218888#), web, and mobile app, with instant disbursements through mobile money like M‑Pesa. No guarantors or hidden charges are required. (bingwacapital.co.ke)

🔢 Key Numbers & Impact

• Over 13,000 salary advances disbursed since inception in 2019 (co.ke)
• More than 13,000 active users, demonstrating strong and growing adoption
• Strategic partnerships, including a notable alliance with KCB Bank to ensure efficiency (co.ke)

Their services have boosted employee welfare and productivity, helping users manage unexpected expenses seamlessly.

💰 Pricing & Customer Benefits

• Competitive interest rate of 7.5% (co.ke)
• Zero processing fees and no joining fees—borrowers get exactly the amount approved (co.ke)
• No guarantors required, guaranteeing privacy and simplicity
• Disbursement is fast, transparent, and seamlessly integrated with payroll (co.ke)

🤝 Partnerships & Clients

Bingwa Capital collaborates with various private firms and institutions, some of which include:

• Drak Holdings Kenya Ltd
• Coby Ceramics
• Ceramic Masters Ltd
• Ujenzi Consultant
• Bingwa Micro Capital themselves (as a model partner) (co.ke)

They also have a strategic partnership with KCB Bank, enhancing their operational capacity. (bingwacapital.co.ke)

🛠 Technology & Platform

• Channels: USSD, mobile/web platform, and progressive web app (“installable app”)
• Disbursement: Instant via M‑Pesa
• Check-Off Payroll Integration: Automated repayment directly from salary, minimizing risk

📊 Summary

In summary:
Bingwa Capital is a fast-growing fintech innovator in Kenya, offering transparent, no-fuss salary advances through payroll-integrated systems. Their effective use of digital channels, strong partnerships, and clean user experience have positioned them as a trusted financial ally for thousands of employees and employers.