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Pesawise

Can a CBK-licensed payment service provider become the financial operating system for SMBs across Africa by bundling collections, payouts, virtual accounts, and payroll into one platform?

Founded2018
HQNairobi, Kenya
FoundersJamal Khan
IndustryFintech / SMB banking
The story

Founded in 2018 in Nairobi, Pesawise started as a business payments platform focused on the Kenyan market, regulated by the Central Bank of Kenya as a Payment Service Provider. The company expanded its platform to include virtual wallets, multi-currency accounts, bulk payments, and payroll disbursements, positioning itself as an all-in-one B2B financial operations platform for African businesses. It has extended its presence to Nigeria as part of a broader pan-African ambition.

Last 12 months
Product timeline
2018
Pesawise Services Limited founded in Nairobi, Kenya, targeting African business payments infrastructure.· pivot
2022
Launched payment gateway accepting card (Visa, Mastercard, Amex, Discover), mobile money, and bank transfer collections.· banking
2023
Launched multi-wallet virtual accounts platform with multi-currency support and team-member approval workflows.· banking
2024
Added bulk payments, payroll disbursement, and outgoing transfer capabilities; expanded presence to Nigeria.· banking
Regulated entities
Payment Service Provider
Kenya (Central Bank of Kenya)
Pesawise Services Limited
The stack
Ledger
TigerBeetle
Accounting gap: significant