Topic: Watu
Watu Holdings profit plunges 85 per cent to Sh157m in 2024 on rising loan defaults
May 23, 2025 at 05:33 PM
Watu Holdings, a Nairobi-based lender best known for financing boda boda riders, saw its 2024 profits plummet by 85 per cent to Sh157 million—a stark reversal from the Sh985 mill...
Watu Simu hits 1 millionth customer milestone in Kenya’s mobile finance market
Nov 12, 2024 at 10:28 AM
Watu Simu, a subsidiary of Pan-African asset finance provider Watu, has achieved a landmark success by selling over one million smartphones in Kenya—a significant stride in bridg...
Watu Credit spurs boda boda sector with nationwide donation of office equipment
Jun 10, 2024 at 11:54 AM
For improved operational efficiency of the boda boda sector in Kenya, Watu has initiated a nationwide donation of essential office equipment to boda boda county offices....