---
title: "Umba: Savings, Loans and Business Payments"
description: "Save or borrow in Kenya & Nigeria: fixed deposits up to 20% p.a., salary advances up to 50% net pay, logbook loans up to 70% of car value."
canonical_url: "https://liners.com/umba"
markdown_url: "https://liners.com/umba.md"
type: "product"
language: "en"
image: "https://assets.liners.com/storage/v1/object/public/media/tools/umba-2/screenshot.webp?v=1773357874977"
published_at: "2026-03-14T20:41:56.639Z"
updated_at: "2026-10-06T12:48:39.718Z"
---

# Umba: Savings, Loans and Business Payments

Save or borrow in Kenya & Nigeria: fixed deposits up to 20% p.a., salary advances up to 50% net pay, logbook loans up to 70% of car value.

## Breadcrumbs

- [Banking](/categories/banking)
- [Umba](/umba)

## Summary

Digital banking for saving, borrowing, and business payments

A digital banking platform for individuals and businesses in Kenya that offers savings, loans, payroll, bulk payments, and international transfers via mobile and web.

## Product details

| Field | Value |
| --- | --- |
| Website | https://www.umba.com/kenya |
| Tagline | Digital banking for saving, borrowing, and business payments |
| Primary country | Kenya |
| Platforms | Web, Android, iOS |
| Average rating |  |
| Published reviews | 0 |
| Verified listing | No |

## About the product

Umba is a licensed digital banking platform for individuals and businesses that want to **spend, save, and access credit** through a mobile-first account.

Key capabilities include:

- **Savings and fixed deposits** with rates advertised as **up to 20% interest per annum**, including flexible saving and locked savings options.
- **Loans and asset finance**, including **logbook car loans** (up to **70% of a car’s value**, with cash in as little as **6 hours**), **car finance** for new or used vehicles, and employee credit options such as **salary advances** (up to **50% of net salary**) and **installment loans** (up to **3x net pay**, typically repayable in **3–9 months**, with **5%** pricing referenced for salary advance and monthly installment interest).
- **Payments for personal and business use**, including fast transfers to **banks and M-Pesa**, **bulk payments** to suppliers and vendors, and an **International VAN** for receiving funds from abroad.
- **Business payroll and team account management**, with payroll features such as **auto-generated payslips**, salary allocation settings, and employee financing through Umba Business.

Available on **Web**, **Android**, and **iOS**.

Target users include individuals in Kenya seeking savings and credit, plus SMEs and employers managing **payroll, bulk disbursements, and employee lending**.

Notable in the African market context, the service operates in **Kenya and Nigeria**, states it is **fully licensed by the Central Bank of Kenya (CBK)** with **deposits insured**, and was formerly known as **Mkopo Kaka**.

## Features

- [Banking](/categories/banking): Category
- [B2B](/tags/b2b): Product feature or technology
- [B2C](/tags/b2c): Product feature or technology
- [Cross-Border Payments](/tags/cross-border-payments): Product feature or technology
- [Lending and Loans](/tags/lending): Product feature or technology
- [Microfinance Bank](/tags/microfinance-bank): Product feature or technology
- [Savings](/tags/savings): Product feature or technology
- [Kenya](/countries/kenya): Market
- [Nigeria](/countries/nigeria): Market

## Related pages

- [Alternatives](/umba/alternatives)
- [Reviews](/umba/reviews)
- [Transparency](/umba/transparency)

## Access and citation

- [Canonical HTML page](https://liners.com/umba)
- [Markdown route index](/sitemap.md)
- [Agent access guide](/llms.txt)