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Originally published by Capital Business
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business
November 4, 2025
5h ago

KCB to acquire minority stake in Pesapal

KCB to acquire minority stake in Pesapal

NAIROBI, Kenya, Nov 4 - KCB Group PLC has signed an agreement to acquire a minority stake in payment service provider Pesapal Limited, in a deal aimed at Kenya breaking news | Kenya news today |..

✨ Key Highlights

KCB Group PLC has signed an agreement to acquire a minority stake in payment service provider Pesapal Limited, aiming to boost SMEs and digital growth across Africa.

  • The investment will combine KCB's financial infrastructure with Pesapal's technology to drive inclusive commerce.
  • Pesapal operates in Kenya, Uganda, Tanzania, Rwanda, and Zambia.
  • This move follows KCB's recent acquisition of a majority stake in Riverbank Solutions Limited, further expanding its fintech footprint.

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