Unlimit commences operations in Kenya after its successful launch in Nigeria

Unlimit, a leading global fintech and payment solutions company, has entered the East African market with the launch of its operations in Kenya. The company announced that it has received 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 its position as a reputable provider of payment solutions in the African region. Unlimit received its Payment Solution Service Provider (PSSP) licence from the Central Bank of Nigeria (CBN) in April 2023.

Unlimit (previously known as Unlimint) says its strategic expansion in Kenya is driven by its dedication to providing an exceptional payment experience incorporating globally recognized payment best practices, advanced security protocols, in-depth merchant analytics, and a user-friendly interface. Unlimit intends to meet the specific preferences and needs of local businesses, equipping them with state-of-the-art payment solutions that empower their operations.

Trevor Goott, Director for Africa and India at Unlimit, expressed immense enthusiasm about the company’s expansion into Africa and 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 licence,” 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.”

According to Unlimit’s CEO, Kirill Evstratov, “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 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 allow 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. By expanding its operations to Kenya, Unlimit recognizes the promising opportunities presented by Kenya’s robust payment infrastructure. Leveraging mobile payment technology, the country has facilitated business expansion for numerous companies. Unlimit’s entry into Kenya strengthens its position in Africa’s payment landscape and contributes to the ongoing payment evolution in the continent.

Launched in 2009, Unlimit is on a mission to deliver solutions that enable businesses to operate with ease both locally and internationally across EMEA, APAC, and LatAm.