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A payments startup in Kenya that facilitates merchant payments and processes client funds.
News published about Pesapal

KCB Bank Group to acquire stake in Pesapal
Bendada.com - Nov 03, 2025
KCB Bank Group will acquire a minority stake in Pesapal, enhancing its fintech portfolio. This acquisition follows KCB's $15.4 million investment in Riverbank Solutions earlier in 2025.


Kenyaβs High Court exempts fintechs from VAT in landmark ruling
TechCabal - Sep 03, 2025
The Kenyan High Court ruled that fintechs are exempt from VAT on payment services. The ruling overturned a previous decision allowing KRA to pursue a KES 76.8 million claim against Pesapal.

Next Wave: Unlocking alternative funding streams for African startups
TechCabal - Feb 11, 2025
In 2024, African startups raised $3.2 billion across over 182 equity and debt funding deals. Fintechs and e-commerce companies accounted for 75% of total funding to African founders between 2019 and 2023.
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