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Cloud9 Neobank Secures Alliance Investment, Raises Total Funding to $1 Million

Unverified — auto-generated summary, not yet reviewedFintech & PaymentsKenyaOct 10, 2026

Kenyan neobank Cloud9 has secured a new investment from Alliance, bringing its total disclosed funding to $1 million as it pursues a stablecoin-powered cross-border banking model for African businesses. The company has backing from Tesh Mbaabu and is targeting the Africa SME cross-border payments segment.

2 sources

Alliance Backs Cloud9 to Build Stablecoin-powered Cross-border Banking for African Businesses · techbuild.africa · T2
Kenyan neobank Cloud9 secures Alliance investment, takes total funding to $1m · disruptafrica.com · T1

Story timeline · 3 entries

Oct 10, 2026This story
Cloud9 Neobank Reaches $1M Raised
Alliance investment confirmed, bringing Cloud9's total disclosed funding to $1M as stablecoin cross-border banking strategy firms up
Oct 8, 2026
Kenya's Cloud9 Closes $500K Round
Additional reporting confirms the $500k pre-seed is part of an ongoing round, with the Alliance Crypto Accelerator investment forming one tranche of a broader capital raise.
Oct 7, 2026
Alliance Backs Kenyan Fintech Cloud9
Crypto accelerator Alliance has invested $500,000 in Kenyan fintech Cloud9, a deal that follows two acquisitions by Cloud9 in the preceding three months, marking an unusually active roll-up pace for the Kenyan fintech market. The combination of external investment and inorganic growth signals a consolidation dynamic emerging in Kenya's fintech sector.