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Originally published by Capital Business
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business
May 20, 2026
2mo ago

Sorted Wallet raises $4.4mn to expand in emerging markets

Sorted Wallet raises $4.4mn to expand in emerging markets

NAIROBI, Kenya, May 20 - Sorted Wallet, a non-custodial digital wallet designed for feature phones and low-end smartphones, has secured $4.4 million in Kenya breaking news | Kenya news today |..

✨ Key Highlights

Sorted Wallet, a non-custodial digital wallet for feature phones, has successfully raised $4.4 million in seed funding to fuel its expansion into emerging markets.

  • The funding includes $3.4 million in equity financing led by Tether and Gnosis.
  • The capital will be used to strengthen its presence in existing markets and expand across Sub-Saharan Africa and South Asia.
  • Sorted Wallet targets underserved users on feature phones, having already surpassed 500,000 downloads.

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Part of the Day's Coverage

Sorted Wallet Raises $4.4mn to Expand in Emerging Markets - May 2026

Sorted Wallet, a non-custodial digital wallet for feature phones, has successfully raised $4.4 million in seed funding to fuel its expansion into emerging markets. Kenya Power has announced its e-mobility revenues have surged to Sh382 million, driven by a significant increase in electric vehicle adoption and electricity sales. Discovery Health has rebranded its employer health insurance arm, formerly Vitality Health International (Africa), to Discovery Health Global Health Solutions, signaling an expansion of its integrated healthcare offerings for employers across Africa.

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