Finance & Fintech · Funding signal

Kenya proposes steep $1.93 million capital thresholds for payment companies

Kenya proposes steep $1.93 million capital thresholds for payment companies — the desk wire, 23 September 2026. The Central Bank of Kenya (CBK) has published the draft National Payment System Bill, 2026, introducing mandatory minimum core capital requirements ranging from KES 5 million ($38,600) to KES 250 million ($1.93 million) for payment service providers (PSPs) and payment system operators (PSOs). The proposed legislation significantly raises the barrier to entry for early-stage fintechs [...] The post Kenya proposes steep $1.93 million capital thresholds for payment companies appeared first on Innovation Village | Technology, Product Reviews, Business.

Updated 23 September 2026 · First published 23 September 2026

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