Stephen Nyumba, a Serial Entrepreneur Revolutionizing Payments in East Africa

By : Melchior Koba

Date : mercredi, 08 mai 2024 08:29

A serial entrepreneur, he is the creator of several technological solutions that particularly assist businesses. His goal is to help companies better manage their activities and increase their profits.

Kenyan entrepreneur Stephen Nyumba (photo) is the co-founder and CEO of PokeaPay, a company that offers a comprehensive customer management and payment processing solution. This platform acts as a payment gateway for East Africa, simplifying financial transactions.

Established in 2020, PokeaPay is dedicated to providing customized and innovative solutions to support its clients’ growth. Besides facilitating payments, it assists businesses in enhancing customer interactions and improving the quality of sales. It also equips them with valuable data for making more informed strategic decisions.

PokeaPay supports its clients throughout every stage, from customer acquisition to payment completion, including conversion and sales. It accepts a variety of payment methods, including VISA, MasterCard, M-Pesa, Airtel Money, and Pokea Wallet.

Stephen Nyumba’s contributions extend beyond PokeaPay.  The tech entrepreneur has a wealth of experience in technology. In 2004, he co-founded Intrepid Data Systems, a company that specializes in productivity solutions for businesses. He also established the Local Development Research Institute in 2015, an action-oriented think tank aimed at eradicating poverty, hunger, and inequality in Africa.

In 2010, he co-founded iPay Limited, a startup that offers real-time payment processing and billing services, licensed by the Central Bank of Kenya.

Stephen Nyumba earned his Bachelor’s degree in Information Technology from Jomo Kenyatta University of Agriculture and Technology in 2007. He embarked on his professional career in 2002 as an IT Administrator at Centurion Systems, a center for training and technology transfer.

Melchior Koba

 

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