Best Payments Companies in Kenya
The 54 best Payments companies in Kenya in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: NALA.
- ResearchAndMarkets.com
Our analysis of 150 Payments companies
$44.9b in tracked funding; 96% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2021.
Ranked: Best Payments companies in Kenya
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | NALA Online cross-border remittance platform for individuals | $50M | 24 mo ago | Series A | Nicolai Eddy Co-Founder & COO | 2017 | WebflowApple iCloud MailGoogle Workspace+22 | — |
| 2 | Cellulant Payment processing solutions for businesses and merchants | $48M | 98 mo ago | Series C | Peter O'Toole CEO | 2004 | WordPressMySQLPHP+19 | — |
| 3 | Kopo Kopo Payment platform to enable acceptance of m-Pesa | $6M | 129 mo ago | Acquired | Mark Straub Co-Founder & Director | 2010 | Cart FunctionalityWordPressMySQL+24 | — |
| 4 | Wapi Pay Payment processing solutions to businesses | $2M | 59 mo ago | Seed | Paul Ndichu Co-Founder | 2019 | TypeScriptYouTubeZone.js+14 | — |
| 5 | Asilimia App-based mobile payment platform | $1M | 46 mo ago | Seed | — | 2017 | — | — |
| 6 | paysoko PaySoko is an online cross-border payment acceptance and payment-in-kind service. | $820K | 41 mo ago | Seed | — | — | WordPress Site EditorElementorWordPress+16 | — |
| 7 | Boya Corporate expense management software | $500K | 52 mo ago | Seed | Alphas Sinja Co-Founder & CEO | 2021 | SentryNode.jsChart.js+22 | — |
| 8 | Kiotapay Online payment management solutions for rental payments | $71K | 52 mo ago | Seed | Paul Macharia Mwangi Co-Founder & CEO | 2020 | Node.jsRadix UITailwind CSS+9 | — |
Top 12 Payments companies in Kenya
#1
Series A · Nairobi, Nairobi County · founded 2017 · 43 employees$50.1Mraised▾
Online cross-border remittance platform for individuals. It enables users to send and receive money globally using banking channels. Users must link the debit and credit cards for transferring funds. It features multilingual customer support, recurring transfers, and more. The application is available on Android and iOS platforms.
#2
Seed · Las Vegas, Nevada · 15 employees$820Kraised▾
Developer of an e-commerce platform designed to enable businesses to accept payments from customers around the world. The company's platform offers a variety of features, including online storefronts, payment processing, and fraud protection, enabling businesses to grow their customer base and increase sales.
#3
Series C · Nairobi, Nairobi County · founded 2004 · 634 employees$47.5Mraised▾
Payment processing solutions for businesses and merchants. Its solutions include payment gateways, payment links, agent-based payments and banking, digital banking, remittances, and more. It also facilitates solutions for consumer payments such as mobile recharges and utility bill payments.
#4
Seed · Nairobi, Nairobi County · founded 2017 · 23 employees$1.4Mraised▾
Asimila is an app-based mobile payment platform. Allows users to get cashback for P2P m-Pesa transactions. Provides loans by setting the loan limit based on the cashback received. Offers a platform to check the amount received and the loan limit. Available on the Android platform.
#5
Seed · Nairobi, Nairobi County · founded 2019 · 6 employees$2.2Mraised▾
Payment processing solutions to businesses. It offers payment gateways and accounts payable solutions. It enables businesses to make bulk payments to clients. It facilitates multiple payment methods including bank transfers, credit/debit cards, and wallets. The application is available on the Android platform.
#6
Seed · Nairobi, Nairobi County · founded 2021 · 13 employees$500Kraised▾
Corporate expense management software. It offers solutions for corporate cards, expense management, billing management, accounting automation, overdraft, spending reports, and more. It also enables businesses categorize spending and capture receipts in real-time. Its app is available for Android and iOS users.
- Feb 2022Seed$500K
#7
Acquired · Nairobi, Nairobi County · founded 2010 · 89 employees$5.6Mraised▾
Kopo Kopo is a platform to enable small and medium businesses to accept mobile payments and build relationships with their customers. Also provides an unsecured cash advance of up to Kshs 5M to merchants using their mobile payment app. Collects a daily percentage of sales in return and a flat fee for the service. It partnered with Safaricom to bring the M-PESA Buy Goods service to small and medium businesses throughout Kenya.
#8
Seed · Nairobi, Nairobi County · founded 2020 · 11 employees$71.1Kraised▾
Developer of a cloud-based property management software intended to automate key processes and embed services for property owners, property managers, and tenants. The company's software helps in managing billing, collections, payments and other records related to real estate management, enabling service providers, tenants and property managers with the entire lifecycle of rental management.
#9
Seed · Nairobi, Nairobi County · founded 2009$50Kraised▾
Developer of a mobile payment platform intended to help clients easily integrate and automate payments from their customers using mobile money. The company's platform supports all mobile money channels, uses high-grade data encryption algorithms, and anti-fraud mechanisms, and also provides a comprehensive set of reports to help users search, view, and analyze payments data by using business intelligence, enabling clients to connect, integrate and process mobile money in Africa.
#10
Seed · Nairobi, Nairobi County · founded 2017 · 70 employees—raised▾
Provider of an omnichannel mobile payment platform. This platform allows businesses to receive payments from various mobile money networks and withdraw funds to different channels. It also offers a programmable API for developers to integrate payment functionalities into their applications. The platform is designed for ease of use by consumers and businesses alike, enabling seamless transactions across multiple channels. It facilitates interoperability between different payment systems, providing a unified payment experience.
- Oct 2022Seed—
- Apr 2021Seed—
- Jan 2020Seed—
#11
Seed · Nairobi, Nairobi County · founded 2014—raised▾
Popote Pay provides financial management software for businesses. It features solutions for tracking expenses, collaborative payment, budgeting, saving & loan management, payment management, etc. It is available for multiple subscriptions based on the type of entity.
#12
Seed · Nairobi, Nairobi County · founded 2012 · 52 employees—raised▾
Data Integrated provides online payment and financial solutions for businesses. Its products include MobiTill Epesi for transportation businesses to provide fleet management, ticket, scheduling, cashless cards, etc; MobiTill POS to provide payment processing platform for public transports, restaurants, wholesale, distributors, etc; Epesi Tap & Go, a cashless passenger card; SME Payroll Mapato for employee payments & payslip generation; and others.
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Payments coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Digital Payments is moving in Kenya
A read on the academic research around Digital Payments — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 283 Kenya-affiliated papers.
- Jomo Kenyatta University of Agriculture and Technology70
- University of Nairobi43
- Kenyatta University25
- Strathmore University21
- Egerton University19
- Mobile device2
- Mobile payment2
- mHealth1
- Mobile technology1
- Bridge (graph theory)1
- Descriptive statistics4→13
- Revenue4→9
- Population2→6
- Government (linguistics)3→7
- Inclusion (mineral)2→5
- Financial transaction3→4
Where digital payments is researched across Kenya
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Common questions
Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.