PesaKit

PesaKit is a last-mile Fintech and Digital commerce startup revolutionizing access to financial services across East Africa through its AI-powered agent network platform. Founded in 2018 by Andrew Mutua, the company empowers mobile money agents and merchants to become vital access points for affordable and convenient digital financial services in underserved communities. Operating in Kenya, Uganda, Tanzania, and Ghana, PesaKit has created inclusive, interoperable technology rails for financial, retail, and e-commerce distribution through a B2B2C model that connects digital services with the last mile.

By harnessing cutting-edge artificial intelligence combined with human intelligence, PesaKit delivers accuracy and consistency in providing digital and financial services to improve the financial health of underserved communities across Africa. The platform equips shop owners and mobile money agents with mobile tools to manage inventory, predict cashflow needs, and seamlessly connect with digital services, effectively bridging the gap between fintech services and offline customers. This synergy between technology and human touchpoints enables PesaKit to facilitate digital commerce and financial inclusion where traditional digital infrastructure alone would fall short.

PesaKit’s impact is substantial, currently serving over 50,000 mobile money agents and merchants who have reached more than 18 million unique customers in their communities. The company has been recognized for its innovation through multiple awards and programs, including participation in Catalyst Fund (a global inclusive fintech accelerator backed by JPMorgan Chase & Co. and UK Aid), winning The Most Promising Agency Banking Tech Solutions Provider at the 2019 Digital Tech Excellence Awards, and being selected as a finalist in the AppsAfrica Changing Africa Awards, Global Fintech Hackcelerator, and Mondato Awards for Fintech Innovation in Africa. With total funding of approximately $100,000 and continued expansion plans, PesaKit remains committed to its mission of empowering every mobile money agent across Africa to grow and prosper alongside their communities.