Pesapal
Founded
2009 in Nairobi, Kenya by Agosta Liko. Pesapal started as a digital payment solutions provider and has grown into a major fintech player in East Africa.
Founders & Leadership
Agosta Liko – Founder & CEO (leading strategy and product innovation).
Location
Nairobi, Kenya, with operations across several African countries including Uganda, Tanzania, Rwanda, Malawi, Zambia, and Zimbabwe.
Industry
FinTech / Digital Payments & Merchant Solutions — focused on payment gateways, point-of-sale (POS) systems, and digital commerce infrastructure.
Overview
Pesapal provides a comprehensive suite of online, mobile and in-store payment processing services to businesses and consumers. Its platform helps merchants accept payments via card (Visa, Mastercard, American Express), mobile money (e.g., M-Pesa), bank transfers, and other digital channels — both online and at point-of-sale.
The company also offers business tools such as ticketing, reservation systems, inventory management, reporting dashboards, merchant credit, and developer APIs. It is regulated by the Central Banks of Kenya, Uganda, Tanzania, Rwanda and Zambia.
Pesapal’s mission includes connecting a million African entrepreneurs and customers to electronic payments, e-commerce and the global financial system by 2030.
Core Features & Capabilities
Payment Gateway: Accepts payments online via cards, mobile money, and bank transfers.
POS Solutions: In-store point-of-sale terminals and mobile payment acceptance.
Developer API & Integrations: Tools for e-commerce platforms and custom applications.
Business Tools: Ticketing, reservations, inventory modules, reporting and merchant credit solutions.
Consumer Payments: Featuring bill payments, airtime top-ups, and secure personal payment services.
Target Market
SMEs & Merchants across multiple African markets needing digital payment acceptance solutions.
E-commerce businesses seeking integrated online payment options.
Consumers using mobile and digital payments for everyday transactions like bills, shopping and travel bookings.
Value Proposition
Secure & Scalable Payments: Offers a simple, safe way for merchants to accept and reconcile digital payments.
Multi-Channel Integration: Enables commerce across online checkouts, mobile apps, and in-store terminals.
Regulated & Trusted: Licensed by multiple central banks, increasing trust and compliance across jurisdictions.
Business Enablement: Beyond payments, provides tools that help merchants manage other aspects of commerce (inventory, credit, reporting).