# Bamba

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bamba-2

- Industry: Financial Services
- Headquarters: Nairobi, Kenya
- Website: www.getbamba.com
- Total disclosed funding: $3.2M
- Latest round: Seed (May 18, 2022)
- Investors on record: 3

## About

Based in Nairobi, Kenya, and founded by its CEO, Bastian Gotter, in 2022, Bamba, operates as a provider of an Android application that allows micro-merchants across Africa to run their entire businesses utilizing their phones. In May 2022, Bamba raised USD 3.2 million in seed funding led by investor 468 Capital, with participation from Jigsaw VC and Presight Capital.

Bamba offers a mobile application platform used by retail merchants to look up sales transactions and consumer details, send receipts, and track customer purchasing activity. The company’s platform also provides various lending solutions, including tools for merchants to manage their customers, get paid, payout, and take out cash advances against their future cash flow.

The company plans to use the May 2022 funding to increase its customer base across 12 nations in Sub-Saharan Africa.

## Funding rounds

- Seed, May 18, 2022, $3.2M — Presight Capital, Repeat VC, 468 Capital

## Investors

- Presight Capital — Seed
- Repeat VC (https://capitalatlas.ai/funds/repeat-vc) — Seed
- 468 Capital (https://capitalatlas.ai/funds/468-capital) — Seed