Kuunda Co-Founder Andrew Milne Dies Following $5 Million Share Sale
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New informationRepeats or wire copies
What happened
Kuunda announced that its co-founder and co-chief executive, Andrew Milne, has died at the age of 54. His death occurred two days after the company reported a $5 million secondary share sale. Kuunda is a Mauritius-based platform that enables banks and mobile-money operators to extend credit using transaction data.
From kenya-today.com
Why it matters
The secondary share sale, which was led by E4E Africa, reduced Kuunda's shareholder count and provided liquidity to early investors. Kuunda's infrastructure has facilitated over $4.4 billion in credit across more than 870 million loans.
From kenya-today.com
Who's involved
- Andrew MilneCo-founder and co-chief executive of Kuunda
- NedbankFinancial services group that was an investor in Kuunda's 2025 funding round
- Virgin Life CareFitness group where Andrew Milne held senior roles
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The entities involved
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Andrew Milne
British footballer (born 1990)
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