PEP Intermedius is a network of cash merchants that serves as the bridge for unbanked customers and the financial system.


PEP Intermedius is proud to work with the following renowned and reliable partners in the field of mobile banking and retail.


M-Pesa (Safaricom)

M-Pesa is the first and by far the largest mobile banking system in Kenya. It was launched on the market by the provider Safaricom, a subsidiary of Vodafone. M-Pesa currently handles no less than 95 percent of all mobile financial transactions in Kenya. The service is used by at least ten million people, or one-quarter of the population.
PEP and M-Pesa have been collaborating since M-Pesa was established in 2007.
Airtel Money

Airtel M Commerce Services Limited (AMSL) is a subsidiary of the Indian company Bharti Airtel Limited. Under the name Airtel Money, this provider offers mobile banking services that are supplied via agents of PEP Intermedius, among others.
KCB Mtaani

KCB is Kenya’s largest retail bank. The leading upcountry cash merchants from Pep Intermedius are now official banking agents for KCB, taking financial services to the rural unbanked. This growing network will continue to expand in the course of 2012.
Nakumatt Supermarkets

Nakumatt Holdings Limited is East Africa’s leading Supermarket chain, with locations in Uganda and Rwanda and further expansion plans to the wider East African region. Since 2011, PEP agencies have been established in over 25 Nakumatt Supermarkets. This exclusive cooperation is progressing very well for both parties. In 2012, the number of in-house PEP agencies will be further increased.
YU Mobile

Yu Mobile, which was launched in 2008, is a brand name of Essar Telecom Kenya, a unit of the Indian Essar Group. Under the name Yu Cash, the provider offers mobile banking services via PEP Intermedius agents, among others
Orange Money

Orange’s mobile payment service, Orange Money, was launched in Kenya in 2011 in partnership with the Equity Bank Group. Orange offers mobile banking services via PEP Intermedius agents, among others. Kenya is the first country in east Africa to offer Orange Money. is a licensed online remittance service based in the UK, whose customers can create transactions online for international money transfers. enables its clients to support family or business partners in their motherland in a cost-effective manner. Funds transferred to Kenya are paid by PEP into the recipient’s bank or M-PESA account.


The Bill & Melinda Gates Foundation

The Bill & Melinda Gates Foundation is a major supporter of the PEP Intermedius approach. Thanks to intermediaries like PEP Intermedius, large groups of people gain access to safe, cost-effective and reliable services. The Bill & Melinda Gates Foundation created the Financial Services for the Poor initiative because it believes that providing poor people with reliable access to a range of safe, affordable financial tools and services can be one of the most powerful ways to help them build better, healthier lives.

Spanning more than 220 countries, the GSMA unites nearly 800 of the world’s mobile operators, as well as more than 200 companies in the broader mobile ecosystem. The increasing use of mobile telephones for financial services has given the mobile operators a new, essential role in improving…??
The GSMA represents the interests of mobile operators worldwide and facilitates access to financial services for millions of people without bank accounts. GSMA has been very supportive of the role PEP Intermedius plays in creating a physical interface between the providers and customers.


PEP Intermedius Ltd. was established in 2004 as a microfinance institution. It has developed into a social business with the financial support and commitment of about twenty investors. Fifteen are based in the Netherlands, while the others are located in Kenya.