Pesalink unveils first awards ranking top banks in instant payments
NAIROBI, Kenya, Dec 5 - Pesalink has launched its inaugural awards recognising Kenya’s top-performing lenders in instant payments, introducing new Kenya breaking news | Kenya news today |..
✨ Key Highlights
Pesalink has launched its first-ever awards to recognize top-performing Kenyan banks in instant payments, setting new industry benchmarks for reliability, affordability, and growth. The rankings are based on ten months of verified data from Pesalink's Instant Payments Dashboard.
- Bank of Africa topped the transaction success rate, while Bank of Baroda led in service availability. Equity Bank claimed first place in weighted growth, and SBM Bank ranked first in simplicity and affordability.
- Integrated Payment Services Limited (IPSL), operator of Pesalink, developed the data-driven awards to strengthen transparency and accountability in digital payments.
- Pesalink processed Sh1.1 trillion in 2024 across 8.2 million transactions, connecting over 80 banks, fintechs, SACCOs, and mobile money providers.
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Kenyan Firms Announce Retail Expansion, Payment Awards, and Profit Growth - December 2025
KenGen, Kenya's primary power producer, significantly increased its dividend payout to KSh 0.90 per share following a 54 percent surge in profit after tax to KSh 10.48 billion. In the retail sector, China Village expanded its presence by launching its second hypermarket at Juja City Mall, targeting the country's growing middle class. In the financial technology space, Pesalink has launched its first-ever awards to recognize top-performing Kenyan banks in instant payments. The rankings are based on ten months of verified data from its Instant Payments Dashboard.
