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 the Central Bank of Kenya. The deal, announced publicly on October 31, 2025, underscores KCB’s growing commitment to digital transformation and its intent to embed itself deeper into the technology-driven payments ecosystem. The transaction, subject to regulatory approval, represents more than a financial investment. It is a strategic alignment between a traditional banking powerhouse and a homegrown fintech that has spent sixteen years quietly building one of East…
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