C
Originally published by Capital Businessbusiness
October 25, 2025
1d ago
CBK revokes PayU Kenya licence after firm’s voluntary exit
NAIROBI, Kenya, Oct 24 - The Central Bank of Kenya (CBK) has revoked the authorisation of PayU Kenya Limited as a licensed Payment Service Provider (PSP) Kenya breaking news | Kenya news today |..
✨ Key Highlights
The Central Bank of Kenya (CBK) has revoked the operating license of PayU Kenya Limited, a Payment Service Provider, after the company voluntarily decided to cease operations in Kenya.
- PayU Kenya Limited was licensed on March 23, 2023.
- The firm applied to terminate its business after a review of its strategic direction.
- The CBK confirmed that PayU met all legal and regulatory obligations, including settling customer funds, before its exit.
Continue Reading
Read the complete article from Capital Business
