KCB innovation

A photo collage of Paul Russo, KCB Group CEO, Mark Mwongela Ngungi, a former PesaPal CEO and ex-PayPal executive, as its Group Director of Strategy and Innovation, and Pesapal Founder Agosta Liko.

From Three Transactions to a Banking Stake: How PesaPal’s 16-Year Grind Earned KCB’s Fintech Bet

Kenya’s largest lender, KCB Group Plc, has taken a calculated leap into the fintech frontier with the acquisition of a minority stake in PesaPal Limited, a leading regional payments company licensed by
November 4, 2025

 

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