Zege Technologies

What Zege Technologies does

Zege Technologies is a Nairobi-based mobile and web software development consultancy founded in 2010 that specializes in fintech and mobile payment solutions for African clients. The firm serves enterprise financial institutions, microfinance technology providers, mobile network operators, development-finance organizations, dairy and agricultural-input cooperatives, and early-stage startups. Founder and lead system architect Kariuki Gathitu (10+ years of financial-markets and product-design experience) and co-founder Stella Njoki lead a team of one to ten developers and designers based at Riara Center, Nairobi, with operations described as spanning Africa.

Zege has built six core products on a Ruby on Rails backend with Angular front ends, Android mobile clients, USSD interfaces, and APIs. PesaZetu is a P2P lending platform integrating MPESA, TransUnion, the Credit Reference Bureau, and Kenya's IPRS identity database through a credit risk model that fuses 2,000+ datapoints per borrower for real-time disbursement. Agronet is a dairy supply-chain payment network, Cashbox is an Android mobile POS with offline capabilities for agrodealers, MPAYER is a SaaS payment gateway processing Kenyan mobile payments, MKESHO (originating from the founder's 2010 work) is a feature-phone mobile finance product, and Pay4Us addresses informal Chama savings groups (deployed across 40 groups with 724 members). The firm advertises a five-stage proprietary agile process — Scoping, Discovery, Design, Development, Pilot — supported by 'The Rise Guide' scoping tool.

Revenue is generated through two streams: project-based professional services for software development (multi-year contracts, first-month trial period, client ownership of code) and transaction fees from the MPAYER payment gateway. Customer logos on the website include Equity Bank, Cooperative Bank, Devex, Safaricom, an SAB Safaricom-affiliate, FSD Kenya, Musoni, and Anglo American. Distribution is direct, with consultative scoping sessions and no third-party reseller or marketplace channels. Marketing relies on a technical blog, project case studies, and the annual Stack Off Kenya developer survey engaging 100+ developers since 2017. No institutional funding rounds, debt facilities, or acquisitions are disclosed.

Name

Zege Technologies

Legal name

Zege Technologies

Website

https://zegetech.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

1–10 employees

Short description

Zege Technologies is a Nairobi-based software development consultancy founded in 2010 that builds fintech and mobile payment applications — including a P2P lending platform, payment gateway, mobile POS, and dairy payments network — for African financial institutions, startups, and development organizations.

Ownership category

akta.pro rank

Product category

Fintech Software Development

NAICS

Custom Computer Programming Services (541511)

SIC

Services-Computer Programming Services (7371), Services-Prepackaged Software (7372)

akta.pro industry

PRIMARYHDAEAKAA

Low-Code/No-Code Application Platforms

Hardware, Technology & Telecom/Enterprise Platforms & Databases/Enterprise Application Development Platforms (Low-Code/No-Code & PaaS)

Keywords

• Fintech software development
• Mobile payment solutions
• P2P lending platform
• Payment gateway services
• African fintech consultancy

Headquarters

HQ city

Nairobi

HQ country

Kenya

HQ region

Africa

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations

Revenue model

1. Software Development Consultancy: Full-stack development services building mobile and web applications for clients across Africa. Takes projects from idea through to launch with systematic agile approach.
2. MPAYER Payment Gateway: Runs payment gateway MPAYER that processes mobile payments for businesses in Kenya. SaaS payment processing platform.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels4 records

Core offering

Zege Technologies is a Nairobi-based mobile and web software development consultancy that builds fintech products for businesses and organizations across Africa. The company designs, develops, and deploys platforms such as the MPAYER payment gateway, the PesaZetu P2P lending platform, the Cashbox mobile POS, the Agronet dairy payments network, and the Pay4Us table-banking application, integrating with MPESA, credit reference bureaus, and government identity systems. Services include scoping, discovery, design, development, pilot, and post-launch support using agile methodology.

Product overview

Zege Technologies is a mobile and web software development consultancy specializing in fintech solutions across Africa. Their product portfolio centers on financial technology platforms including Pesa Zetu (P2P lending/crowdfunding platform), Agronet (dairy payments network), Cashbox (mobile POS for agrodealers), MPAYER (payment gateway), MKESHO (mobile finance for feature phones), and Pay4Us (table banking for informal savings groups). These products are built primarily on Ruby on Rails with web, USSD, and API interfaces, integrating with payment systems like MPESA and credit bureaus.

Differentiator

Problem solved

Functional benefit

Brands

• MPAYER: Payment gateway and customer engagement platform that processes mobile payments for businesses in Kenya
• PesaZetu
• Agronet
• Cashbox

Products and services

• PesaZetu A P2P crowdfunding platform that connects individual borrowers with lenders, enabling small loans for business, health and educational purposes. Uses MPESA for disbursements and collections, with risk profiling combining data from MPESA, Government database, Credit Reference Bureau, and behavioral user-generated data (2000+ datapoints per borrower). Built on Ruby on Rails with web, USSD, and API interfaces.
• Agronet A dairy payments network that allows farmers to receive instant payment for milk sold. Provides agricultural financing, access to markets, and market information for smallholder dairy communities, with information modules and SMS-based stakeholder interaction.
• Cashbox A mobile point-of-sale (POS) application for Android that enables agrodealers to manage customers, payments, and inventory. Works offline and online for areas with intermittent internet connectivity. Provides real-time visibility into business operations and integrates SMS reminders for reorder levels.
• MPAYER A payment gateway and customer engagement platform that manages customer payments, communication, and engagement for customer-focused businesses in Kenya.
• MKESHO A mobile finance product that enables bank clients to save and borrow from their feature phones.
• Pay4Us A mobile application for managing informal savings and investment groups (Chamas) and table banking activities. Built for Android with offline and online capabilities. Processes payments on MPESA and has managed over 40 savings groups with 724 members.

Named customers12 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature3 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• Busara CentercoreStrategic or Co-development PartnerMental health focused research organization that worked on PesaZetu P2P lending platform. Provided behavioral insights and user research support for the credit scoring system.
• FSD KenyacoreStrategic or Co-development PartnerFinancial Sector Deepening organization that supports development of Kenya's financial sector. Worked on multiple projects including PesaZetu, Cashbox, and Agronet for financial inclusion initiatives.
• TransUnioncoreTechnology or IntegrationCredit reference bureau providing credit data for PesaZetu's risk profiling and credit scoring system integration.
• CGAPcoreStrategic or Co-development PartnerConsultative Group to Assist the Poor - international development organization focused on financial inclusion. Partner on PesaZetu for providing financial access to underserved entrepreneurs.
• IBM Research AfricacoreStrategic or Co-development PartnerResearch arm of IBM focused on Africa. Collaborated on PesaZetu credit scoring and data analysis for the lending platform.
• Palmhouse DairiescoreStrategic or Co-development PartnerDairy processor in Githunguri region. Client for Agronet dairy payments network - receives milk from farmers and uses system for payment and supply chain management.
• Strathmore Business SchoolminorStrategic or Co-development PartnerBusiness school partner for Agronet project providing market research, business modeling support, and training modules for farmers.
• FarmshopcoreChannel Partner/ Reseller/ DistributorAgrodealership franchise that deployed Cashbox Mobile POS to manage their outlet network. Grew from 3 outlets per month to rapid expansion.
• Kenya Markets TrustcoreStrategic or Co-development PartnerDevelopment organization funding agrodealer programs. Commissioned Cashbox development and deployment to improve agricultural supply chains.
• HAKISHEPminorStrategic or Co-development PartnerSelf-help group organization in Kibera and Korogosho. Partner for Pay4Us table banking platform serving informal savings groups.
• Maono Self Help GroupsminorStrategic or Co-development PartnerSelf-help group network using Pay4Us android application for mobile-based savings and investment group management.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Cellulant: Pan-African digital payments platform operating across multiple countries with payment APIs, mobile money, and banking integrations. Overlaps with Zege's payments and API integration capabilities at significantly larger scale.
• Flutterwave: Pan-African payments infrastructure provider serving banks and businesses. Comparable on payment gateway and African fintech focus, but operates at venture-scale across many more markets.
• Interswitch: Nigerian-headquartered African digital payments and commerce giant. Comparable on payments infrastructure, banking software, and enterprise fintech delivery across Africa.
• Safaricom (MPESA): Operator of MPESA, the dominant East African mobile money platform and a key Zege partner/client. Comparable as an African fintech ecosystem player, though at vastly larger scale and incumbent position.

Direct peers

• Craft Silicon: Nairobi-based software firm specializing in fintech, microfinance, and banking software across Africa (e.g., MicroBanker Core). Most direct comparable in terms of geography, customer base (MFIs and banks), and software/fintech focus.
• Pesapal: Kenyan payment gateway and merchant services provider. Closely comparable on payments infrastructure, Kenyan market focus, and SMB merchant segment; overlaps with Zege's MPAYER and Cashbox offerings.

Emerging players

• Pezesha: Kenyan digital lending marketplace for SMEs, with which Zege has a testimonial relationship. Comparable on Kenya-based digital lending infrastructure targeting underserved borrowers.
• Jumo: African fintech lending platform providing credit infrastructure to mobile network operators and banks. Comparable to PesaZetu in lending products targeting underbanked African consumers, though at larger venture-backed scale.
• Branch International: Venture-backed mobile lending platform operating across Africa with digital credit scoring. Comparable to PesaZetu in lending infrastructure and use of alternative data for credit decisions.

Others

• Andela: African-origin tech talent marketplace that connects African engineers with global companies. Adjacent comparable in terms of positioning top-tier African developer talent, though its business model (talent marketplace) differs from Zege's fintech consultancy model.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/zegetech
• Facebookfacebook.com/314908491854083
• LinkedInlinkedin.com/company/1426461

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Zege Technologies