26 October 2022 -Nairobi, Kenya: 4G Capital’s Co-Founder and Director of Impact, Genevieve Hennessy-Barrett, has been recognised as one of the world’s Top 25 Women Leaders in Financial Technology of 2022 by The Financial Technology Report. 4G Capital is a market-leading neobank powering micro and small business growth in Kenya and Uganda and has positively impacted over 1.5 million people since its inception.
The women recognised this year hold various positions, from Vice President to Managing Director to roles across sectors. All have guided their company’s growth and innovation in a rapidly evolving industry.
4G Capital is committed to delivering the right financial products and services that bridge the MSME finance gap and contribute to the sustainable economic advancement of the informal sector on a pathway to formality.
Upon receiving the recognition, Genevieve Hennessy-Barrett said, “I am delighted to be included in this list and would extend this recognition to all our amazing staff who have helped us to build 4G Capital and whom I am blessed to work with every day.”
This year, 4G Capital has been ranked and gained recognition for several awards, such as the Global Top 10 for Financial Services in the Real Leaders Impact Award & Top, B Lab 2022 Best for The WorldTM and recently, the company received an Honourable Mention for Responsible Digital Innovator of the Year at the IFC’s Global SME Finance Forum Awards 2022. Wayne Hennessy- Barrett, CEO and Founder of 4G Capital, was also recognised in this year’s Top 50 Financial Technology CEOs of 2022.
About 4G Capital
4G Capital employs over 1000 employees across Kenya and Uganda. Since its inception in 2013, the company has loaned over 2,155,000 small working capital loans valued at over $289 million. The company has almost 300,000 clients, 74% female, and 53% run micro and SME enterprises in rural areas. 4G Capital clients receive customised business training programs and credit guidance via mobile apps and in-person via a nationwide network of branches. 4G Capital’s unique machine learning technology delivers high-fidelity insight into client risk and affordability. As a result, 4G Capital consistently achieves high collection rates without collateral or refinancing its clients, only lending to viable businesses on terms that are right for them. 4G Capital has positively impacted over 1.5 million people. Having received multiple industry awards, 4G Capital is now scaling in and expanding its suite of products and services in East Africa. As a B Corporation, 4G Capital champions the movement’s approach to creating shared value and was recently listed among the Top 10 B Corporation Financial Service providers worldwide. www.4g-capital.com
About The Financial Technology Report
The Financial Technology Report is a comprehensive source for business news, investment activity, and corporate actions related to the financial technology industry. Based in New York City, the firm is run by a seasoned team of editors, writers, and media professionals highly knowledgeable on financial technology and the various companies, executives, and investors that make up the sector.
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