London-based fintech Unlimit sets shop in Kenya

Unlimit helps web shops and online merchants to accept credit cards and alternative payments over the Internet. FILE PHOTO | SHUTTERSTOCK

By BUSINESS DAILY

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London-headquartered fintech and payment solutions firm Unlimit has announced its entry into the Kenyan market after obtaining approval from the Central Bank of

Kenya (CBK), this being the second destination in Africa after Nigeria.

The development is part of an ongoing aggressive expansion drive by the firm which has spelt out its mission as that of advancing the payment landscape in Africa and empowering businesses with cutting-edge payment solutions.

Unlimit, which rebranded from Unlimint last month, helps web shops and online merchants to accept credit cards and alternative payments over the Internet.

Initially launched in 2009 with a focus on payment processing services, the company has during its 14 years of existence expanded its scope to offer a range of financial services including banking as a service (Baas) and an on-ramp fiat solution for crypto and decentralised finance (DeFi).

“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 Unlimit’s director for Africa and India Trevor Goott.