PesaLink

PesaLink is a real-time payments platform developed by Integrated Payment Services Limited (IPSL) in Kenya. With the goal of enabling individuals and businesses to securely and swiftly send and receive money into bank accounts, the platform is currently connected to 41 banks and has accumulated over 6 million registered accounts. Founded in 2012 under the National Payment System (NPS) Act, IPSL aims to address the challenge of inter-bank money transfers in the country. By providing both businesses and individuals with the capability to seamlessly make and accept payments at any time, PesaLink actively supports financial inclusion and economic development. It operates within the E-Commerce, Financial Services, and Payments industries, contributing to the growth and accessibility of financial services in Kenya. As of now, there is no available information on the last investment or the investors involved in the latest funding round for PesaLink.

Overall, PesaLink's innovative approach to real-time payments and its focus on enhancing financial inclusion mark it as a promising player in Kenya's evolving payments sector. With its extensive network of partner banks and significant user base, the platform has the potential to make a meaningful impact on the country's economic landscape while providing valuable services to businesses and individuals alike. The evolving nature of the financial technology industry in Kenya and across the African continent may present ample opportunities for growth and expansion for PesaLink in the coming years.