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Originally published by Capital Business
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business
June 10, 2025
1y ago

Pesapal, RACK partner to digitize small businesses

Pesapal, RACK partner to digitize small businesses

NAIROBI, Kenya, June 10 - Pesapal, a payments and financial services provider, has partnered with RACK to enable millions of businesses across Kenya, Kenya breaking news | Kenya news today |..

✨ Key Highlights

Pesapal has partnered with RACK to provide a digital point-of-sale solution for small and medium sized enterprises across Kenya, Uganda, and Tanzania, aiming to streamline their sales, inventory, and payment processes.

  • Over 80 percent of the 30 million SMEs in East Africa operate informally with outdated tools.
  • Agosta Liko, CEO of Pesapal, emphasized the partnership addresses critical challenges for businesses in the region.
  • The RACK POS system will enable SMEs to create verified digital records, unlocking access to credit and enhancing operational efficiency.

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Part of the Day's Coverage

Kenya's Economic Developments and Initiatives

Nairobi hosts forum on family wealth; CBK cuts lending rate to 9.75% and Pesapal partners to digitize small businesses.

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