KCB Group acquires Riverbank Solutions Limited

KCB Group agreed to acquire Riverbank Solutions Limited. Reported deal value: $15.4M. Status: Pending. Sector: fintech. Target headquarters context: Location not specified.

This page summarizes publicly available information about the transaction as of 2026-01-27. Figures and status may change as filings and press coverage update.

Home Business and Economy Capital Market Capital Market KCB Group Receives Watchdog Approval to acquire Nick Mwendwa Riverbank Solutions Limited Published 27 Jan 2026 at 2:17 PM by Elijah Ntongai 3 min read KCB Group Plc has secured conditional approval from the Competition Authority of Kenya to acquire a controlling 75% stake in Riverbank Solutions Limited The fintech firm is linked to former Football Kenya Federation president Nick Mwendwa The green light from the competition watchdog comes with strict data protection and consumer safeguards, including a mandate for the full segregation o...