The Competition Authority of Kenya (CAK) has officially approved KCB Group PLC's acquisition of Riverbank Solutions Limited, a transaction first announced in March 2025.

• The approval is subject to conditions, including KCB Group ring-fencing all third-party transactional customer and merchant data handled through Riverbank Solutions’ infrastructure.
• The notice, dated December 19, 2025, and signed by CAK Director-General David Kemei, mandates that KCB Group must not share or use this data beyond what is strictly necessary for Riverbank Solutions' operations.
• KCB Group is acquiring a 75 percent stake in Riverbank Solutions, a Kenyan financial technology company specializing in digital payments infrastructure.