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Home Economy Finance

Unlimit Launches Operations in Kenya

by Joel Nwankwo
June 6, 2023
in Finance
0
Unlimit launches in Kenya
Unlimit launches in Kenya

Unlimit launches in Kenya

UBA
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…Following successful Nigeria launch

Unlimit, the leading global fintech and payment solutions company, is thrilled to announce its entry into the Kenyan market and the receival of the Central Bank of Kenya license, marking a significant milestone in its ongoing expansion throughout Africa.

This strategic move follows Unlimit’s recent acquisition of the Central Bank of Nigeria license, solidifying the company’s official recognition as a reputable provider of payment solutions within the region.

As part of its strategic expansion, Unlimit is committed to delivering an unparalleled payment experience by integrating internationally acclaimed payment best practices, industry-leading security protocols, comprehensive merchant analytics, and a customer-friendly interface.

By offering diverse payment solutions, Unlimit will cater to the preferences and support the unique requirements of local enterprises in Kenya.

This milestone demonstrates Unlimit’s dedication to advancing the payment landscape in Africa and empowering businesses with cutting-edge payment solutions.

Trevor Goott, Director for Africa, and India at Unlimit, expressed immense enthusiasm about the company’s African expansion and its entry into the Kenyan market.

It gives me great pleasure to bring on board Kenya as our second African country, following the recent announcement of the awarding of our Nigerian license,” said Goott. “We are also pleased to add Kenya to our global portfolio for our foreign merchants seeking access to the Kenyan market. The high demand from our international merchants to establish local operations in Kenya has further motivated us to enter the market. Also, given its strategic location in East Africa, Kenya serves as an ideal hub for the expansion of our operations in the region.”

– Goott said.

Commenting on the expansion, Unlimit’s CEO, Kirill Evstratov, said:

“We have ambitious plans for Kenya and East Africa, and are looking forward to supporting local businesses on their expansion goals. For 14 years we have successfully been aiding companies worldwide to enter new markets and go beyond borders, strengthening their business outreach and expanding their customer base. Now, we are bringing those years of expertise to Africa. Our unwavering ambition is to establish ourselves as the benchmark in the payments processing industry, setting the standard for excellence and innovation, and allowing companies around the globe to go borderless with their payments. “

Over the last 15 years, Kenya has emerged as a leading force in the African payment ecosystem, gaining global recognition for its ground-breaking mobile money revolution.

This innovation has not only propelled Kenya’s economy forward but has also facilitated business expansion for numerous companies.

Leveraging mobile payment technology, Kenya has created a robust payment infrastructure that presents promising opportunities for domestic and foreign enterprises seeking to establish a presence there.

By expanding its operations to Kenya, Unlimit strengthens its position in the continent’s payment landscape as part of its mission to lead Africa’s payment evolution in the coming years.

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Author

  • Joel Nwankwo
    Joel Nwankwo

    Joel Nwankwo is a tech journalist. He is passionate about telling stories as it relates to Africa's social and financial tech advancements. You can reach him at joel.nwankwo@techeconomy.ng

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Joel Nwankwo

Joel Nwankwo

Joel Nwankwo is a tech journalist. He is passionate about telling stories as it relates to Africa's social and financial tech advancements. You can reach him at joel.nwankwo@techeconomy.ng

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