Who owns Cloud9?

hybrid · Nairobi, KE · Partner-bank model · custody: Custodial

short answerCloud9 is not itself a bank. It runs on a partner-bank (BaaS) model, where a licensed sponsor bank holds the deposits behind the app while Cloud9 builds the product and interface.

Is Cloud9 a licensed bank?

No — it runs on a sponsor bank (BaaS model). License detail: Partner bank (Choice Microfinance Bank, CBK-regulated); operated by Cloud Nine Payments Ltd.

Where is your money held?

Custody model: Custodial.

No sponsor bank or infrastructure provider is publicly documented for Cloud9 yet. Know one? Suggest it.

Who's behind Cloud9?

Cloud9 was founded by Tesh Mbaabu, Mesongo Sibuti (2025), headquartered in Nairobi, KE.

Is my money safe with Cloud9?

Deposits are held by Cloud9's sponsor bank, so any insurance flows through that bank rather than Cloud9. Check which sponsor holds your balance and whether it is passed through for per-customer coverage.

go deeperSee the full Cloud9 profile with every verified field, or Cloud9 alternatives. Raw fields: data.json.

Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.