Alliance backs Kenyan fintech Cloud9 with $500,000

What founders should know

TechCabal reports that crypto accelerator Alliance invested $500,000 in equity in Cloud9, a Kenyan fintech offering digital banking services for businesses. The investment is part of Cloud9’s pre-seed round, alongside backing from Techstars NYC and angel investors, bringing its total funding to $1 million.

Cloud9 plans to expand cross-border payment corridors, improve its product, launch virtual and physical cards, and grow its user base. Launched in early 2026, the startup is building payment infrastructure for African businesses that trade internationally.