Beyond
Banking.

 0746 555 222

 accounts@umba.com

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No long-term contracts.
No catches.

Revolutionise your payroll! Wave goodbye to manual calculations and paperwork. Our automated payroll service ensures accurate payments and compliance. Save time, boost morale, and grow your biz. Try it now!

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We're hiring!

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Get a Logbook Loan Today – Fast Approval and Quick Cash.

Quick Decision

Money can be in your bank in a matter of hours

Keep Your Car

You can keep driving your car with a logbook loan

Repay Early & Save on Interest

Loan of up to KES 1,00,000 and Flexible Loan Repayment Period of up to 60 Months

Financial control at your fingertips

Tired of switching banks without finding value? We understand your frustrations, as we're customers too! Let us fix that with our tailored solutions. Gain more from your banking. Try us today!

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What makes us
stand out from the rest?

We are dedicated to promoting business growth and employee productivity, with a unique set of feature offerings on both sides.

Savings Accounts

High interest savings accounts; allows users to set a fixed amount or % that gets deducted from their salary

Salary Advance

Allows users to draw down up to 50% of their accrued net salary any day of the month

Installment Loans

Allows users to borrow up to 3x of their monthly salary, 3- 9 months for as low as a 5% monthly rate

Link External Accounts

Seamless connection with secondary bank accounts.

Visibility

Employee management dashboard with insights into employee financial health.

Automated Payroll

Cut down on admin hours with simple book-keeping and accounting.

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Frequently asked questions

Everything you need to know

Who is Umba?

Umba is a digital bank operating in Kenya and Nigeria

What is Umba Business?

Umba Business is a business solution centered around payroll and employee financing.

What are the benefits of using Umba to the employees?

1. Savings account with interest rate
2. Cashback on bills payment
3. Salary allocation settings
4. Salary advance
5. Installment loans and lots more

How much salary advance can an employee get?

An employee can request up to 50% of their net salary per month.

What is the pricing and duration for installment loans?

Employees can get up to 3x their net pay per month and pay back within 3-9 months

What is the interest rate?

It is 5% interest rate for the salary advance & 5% per month for the installment loans.

What happens if a staff resigns while still making loan repayments?

The lending relationship always resides between Umba and the lender. If the lender left the business it would be up to the lender to repay the Umba facility through an alternative payment method and schedule agreed by Umba and the lender.

Does the Umba system generate payroll slips?

Yes a pay slip will be automatically generated by the system and sent to the employee.

Do employees have to get paid into the Umba account?

Employees can choose where they want to get paid whether Umba accounts or non-Umba accounts. However, they need Umba accounts to enjoy the benefits available with Umba.

Who can I contact for support?

Our customer Customer Experience team are always on hand to assist with any issues

Minimum Loan Length is 3 months. Maximum Loan Length is 36 months. Representative Example: KES XXX,XXX borrowed for 90 days. Total amount repayable is: KES XXX. Interest charged is XX% per day, amounting to KES XXX, annual interest rate of XX% (variable). Representative APR: XX.X% (variable).

We are committed to making payroll processing as effortless and straightforward as possible.

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Maximizing work efficiency, every day!

Book a free Demo Session today and discover how our product helps you simplify complex financial tasks, so you can focus on growing your business.