4378216140 1c017abe41
Fpesa

FPESA®

We digitise the currently manual foreign exchange shopping process for SME's so they can consistently access hard currency at competitive exchange rates.

  • Stage Full Product Ready
  • Industry Financial Services
  • Location Nairobi, Nairobi County, Kenya
  • Currency USD
  • Founded April 2015
  • Employees 3
  • Incorporation Type C-corp
  • Website fpesa.co.ke

Company Summary

The market for foreign exchange in Kenya is $2B per month. The foreign exchange transaction process is slow, manual and paperwork intensive. The big banks have majority market share. FPESA® intends to capture 50% of this market in 18 months by digitizing the foreign exchange transaction process and delivering market share to smaller banks in exchange for a division of revenue.

Advisors

  • Default avatar
    Sara Oon
    Unconfirmed

Previous Investors

  • Default avatar
    Savannah Fund
    Unconfirmed