PesaPal - About the company
PesaPal is a seed company based in Nairobi (Kenya), founded in 2009 by Agosta Liko. It operates as an International Bill payment platform and e-wallet. PesaPal has raised an undisclosed amount in funding. The company has 465 active competitors, including 29 funded and 16 that have exited. Its top competitors include companies like Fawry, Doxo and One97 Communications.
Company Details
PesaPal offers a platform for customers to pay bills for school, utilities and buy airtime and tickets. Also offers a prepaid wallet which can be used for online purchases.
- Website
- www.pesapal.com/
- Social
- Email ID
- *****@pesapal.com
Key Metrics
Founded Year
2009
Location
Nairobi, Kenya
Stage
Seed
Latest Funding Round
Investors
Ranked
14th among 465 active competitors
Employee Count
351 as on Jun 30, 2026
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PesaPal's funding and investors
PesaPal has raised funding over 1 round. Its latest funding round was a Seed round on Jun 29, 2010 for $*****. 1 investor participated in its latest round. PesaPal has 1 institutional investor.
Here is the list of recent funding rounds of PesaPal:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 29, 2010 | 4761543 | Seed | 3958461 | 5166485 | 8910990 | 3186163 |
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PesaPal's founders and board of directors
Founder? Claim ProfileThe founders of PesaPal is Agosta Liko.
Here are the details of PesaPal's key team members:
- Agosta Liko: Founder & CEO of PesaPal.
View details of PesaPal's Founder profiles and Board Members
PesaPal's employee count trend
PesaPal has 351 employees as of Jun 26. Here is PesaPal's employee count trend over the years:
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PesaPal's Competitors and alternates
Top competitors of PesaPal include Fawry, Doxo and One97 Communications. Here is the list of Top 10 competitors of PesaPal, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | App-based platform for consumer bill payments | $46M | 76/100 | ||
2nd | Doxo 2008, Seattle (United States), Series C | Provider of mobile app for bill payments | $37M | 64/100 | |
3rd | One97 Communications 2000, Noida (India), Public | Provider of online platform for payments, recharges, financial, and travel services | - | 61/100 | |
4th |  AutoPe Payment Solutions 2006, Gurugram (India), Unfunded | App-based platform for bill payments | - | - | 60/100 |
5th |  WHISH The Money Whiz 2017, Beirut (Lebanon), Unfunded | Online recharge and mobile payment solutions for consumers | - | - | 59/100 |
6th |  Papaya 2009, Los Angeles (United States), Series B | App for bill payments | $65M | 58/100 | |
7th | Payment app for transportation services | $1.2M | 58/100 | ||
8th | Digital wallet platform for individuals | $47M | 57/100 | ||
9th | Bill payment solutions for consumers | $36.5M | 55/100 | ||
10th | Provider of mobile electricity card payment solutions. This service allows users to recharge their electricity cards quickly via a mobile application utilizing NFC technology. The platform offers a centralized payment system accepting various payment methods. Users can also track their payment history. Customer support is provided to ensure a positive user experience. | $6M | 55/100 | ||
14th | International Bill payment platform and e-wallet | - | 51/100 |
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PesaPal's Investments and acquisitions
PesaPal has made no investments or acquisitions yet.
Reports related to PesaPal
Here is the latest report on PesaPal's sector:
News related to PesaPal
Filter this listMedia has covered PesaPal for a total of 6 events in the last 1 year, 2 of them have been about partnerships and 1 about company updates.
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Pesapal & Drift Consult Launch Rack Hospitality to Digitize Kenya’s Hospitality SectorTechMoran•Feb 18, 2026•PesaPal, Drift
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Pesapal & KCB Partner to Digitize Fuel Station Operations in East AfricaTechMoran•Nov 13, 2025•KCB Group, PesaPal
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KCB Group Signs Agreement to Acquire Minority Stake in PesapalTechgist Africa•Nov 04, 2025•KCB Group, PesaPal
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KCB Group to Acquire Minority Stake in PesapalChief Information Officer Africa Ltd•Nov 03, 2025•KCB Group, PesaPal, Riverbank
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Pesapal and RACK Partner to Digitize Small Businesses in East AfricaTechMoran•Jun 10, 2025•Rack Business, PesaPal
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Pesapal And Sokohela Launch Credit Product For SmesAfrica Business Communities•Jul 11, 2023•PesaPal, SokoHela
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Kenyan payment services provider, Pesapal loses $1.65 million tax appealTechpoint.Africa•Jun 20, 2023•PesaPal
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Boost for SMEs as Pesapal Introduces Real-Time Settlement of PaymentsAfrica Business Communities•Jun 01, 2023•PesaPal
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