We believe businesses should be able to grow without being limited by cash. MCCS was built to make that possible — connecting thousands of businesses in a community where trade creates its own currency.
2019
Founded
4,200+
Member businesses
18+
Countries
KES 1.2B
Annual trade
Mission
Trade that creates its own currency
In 2019, our founders noticed a pattern: businesses with healthy order books were still struggling for cash to operate. Not because they lacked customers — but because cash was trapped in receivables, seasonal cycles, and tight credit markets.
Mutual credit is a centuries-old solution to this problem. MCCS is the modern infrastructure that makes it work at scale across borders, industries, and currencies.
Vision
A world where cash is optional
We're building toward a world where any two businesses — a bakery in Nairobi and a logistics firm in Lagos — can trade directly, efficiently, and without needing a bank to stand between them.
ABC credits are the medium. Trust is the foundation. The network is the product.
What we stand for
Our values
⚖
Fairness
Every member — sole trader or enterprise — trades on the same terms. The network exists to serve members, not extract from them.
🔒
Trust
Mutual credit only works when members honour their commitments. We verify every business, enforce limits, and resolve disputes transparently.
🌍
Community
Trade builds relationships. We connect businesses across borders who would otherwise never find each other.
🔭
Transparency
All ABC balances, clearing rates, and network statistics are visible to members. No hidden fees, no opaque pricing.
History
How we got here
2019
MCCS founded in Nairobi with 12 founding member businesses and 100,000 ABC in initial credit.
2020
Survived the pandemic by enabling members to trade essential goods and services debt-free.
2021
Expanded to Uganda, Tanzania, and Rwanda. Crossed 1,000 active member businesses.
2022
Launched the ABC merchant payment API. First B2C transactions processed on-network.
2023
Reached 18 countries. CBK regulatory framework adopted. ISO 27001 certified.
2024
KES 1.2B in annual trade volume. Launched the MCCS mobile app for member businesses.
2025
Opened European operations hub in Amsterdam. 4,200+ active members.
Leadership
The team
SK
Samuel Kariuki
Co-founder & CEO
Former CBK economist. 15 years building financial infrastructure across East Africa.
AO
Amina Odhiambo
Co-founder & CTO
Ex-Safaricom engineer. Architect of the ABC credit engine and member clearing system.
DM
David Mwangi
Head of Compliance
AML specialist and CBK liaison. Ensures every transaction meets regulatory standards.
FA
Fatima Al-Hassan
Head of Growth
Grew MCCS from 400 to 4,200 members across 18 countries in three years.
Get in touch
We'd love to hear from you
Whether you're interested in joining the network, exploring an enterprise partnership, or just want to understand how mutual credit works — reach out.