FPESA

Operating

Digital over-the-counter retail foreign exchange for Kenya: price discovery, compliance checks and settlement with licensed dealers.

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About FPESA

FPESA is a Nairobi-based fintech building a digital, over-the-counter retail foreign currency exchange. It digitises price discovery, compliance fulfilment and transaction settlement, so consumers can find bargain foreign currency stock on the market, complete identification checks in advance with licensed dealers such as banks, forex bureaus and remittance houses, and settle quickly through existing electronic channels. The company says it has WIPO patents pending.

FPESA was founded in 2018 and took part in Village Capital Fintech Africa that year. Its website currently invites consumers, partners and investors to register interest ahead of a re-launch, with mobile apps to follow.

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Frequently asked about FPESA

Where is FPESA based and when was it founded?
FPESA is headquartered in Nairobi, Kenya and was founded in 2018.
What sector is FPESA in?
FPESA operates in FinTech and Cross-Border Transactions.