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

Loan Calculator

Loan Calculator

100,000 2,000,000
KES
3 24
Duration

No long-term contracts.
No catches.

Start your 30-day free trial today.

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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Umba Business Dashboard

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!
Happy woman using umba for business
Trusted by these companies
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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

Chat to sales

Speak to our friendly team.
info@umba.com
Contact us

We’d love to hear from you

Our press team is always here to chat.

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.

Umba Business DashboardUmba business mobile dashboard

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.

LEARN MORE

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.

A better banking experience

With an Umba account, you have everything you need from your bank.

Spend, pay bills, get loans, and cashback all from your phone

Umba business mobile dashboard
Trusted by
Money 254 logoBFree logo

At Umba we go the extra mile to financially assist you

Traditional African banking is broken

Are you tired of switching banks, but still not getting value for your money?What if we told you we can fix that? Because we're customers too! We know what’s frustrating you.

Zero fees, & we mean it!

Your bank should help you grow and save your money, that’s why we have taken out unnecessary bank charges.

We’re always here to help with anything you need.

Create Your Future with us

We provide Businesses & Individuals with a secure financial system to spend, save and lend with Umba.

Create Your Future with us

We provide Businesses & Individuals with a secure financial system to spend, save and lend with Umba.

Create Your Future with us

We provide Businesses & Individuals with a secure financial system to spend, save and lend with Umba.

Create your future
with us.

We provide Businesses & Individuals with a secure financial system to spend, save and lend with Umba.

Create your future
with us.

We provide Businesses & Individuals with a secure financial system to spend, save and lend with Umba.

Fully licensed by the CBK

Deposit Insured by

Chat to our team

Speak to our friendly team.
press@umba.com
Contact us

We’d love to hear from you

Our press team is always here to chat.

For Individuals

Lend money, grow your wealth & makes payments with Umba

Savings

Earn up to 20% interest per annum when you save with us.

Learn More

Logbook car loans

Loans up to 70% of your car’s value and get instant cash within 6 hours.

Learn More

Asset backed loans

Asset finance for those who need to finance the purchase of a vehicle.

Learn More

Instalment loans

Access loans for up to 12 months & pay in monthly instalments

Payments

Fast payments to any Bank and Mpesa

For Business

We provide you with an all-in-one account to bank & manage your teams.

Account management

Manage your business account as a team for seamless collaboration.

Fixed Deposits

Grow your money with attractive interest rates of up to 20% when you save with us.

Payroll

Our automated payroll service ensures accurate payments
and compliance.

Learn More

Employee management

We enable you to effectively manage & compensate employees.

Learn More

Payments

Pay your suppliers and vendors instantly and manage
your cash using Umba.

Learn More
Trusted by companies you know & trust

FAQ

We answered some of your most asked questions
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
Conatct Us

We'd love to hear
from you

We answered some of your most asked questions

0746555222

support@umba.com

Chat with sales

Talk to our friendly team

info@umba.com