The ledger is
the product.
Everything else — rails, wallets, dashboards, APIs — is a client of the ledger. The ledger is where money actually lives.
Company · est. 2026 · Nairobi
Named team.
Named team.
One ledger.
One clear bet.
Sharet was founded in 2026 by four operators who have spent a combined 42 years building payments infrastructure in East Africa — at a mobile money operator, a regional bank, a cross-border fintech, and a payment switch. Our names are below. Our licence application is public. Our customer list is short on purpose.
Nairobi
HEADQUARTERS
4 FOUNDERS · 42 YEARS COMBINED
Why now · the shift
Until 2021, this
Until 2021, this
was not possible.
Until 2024, it was
not practical.
The idea behind Sharet — one wallet that routes across every rail in East Africa — has been obvious for a decade. It has not existed because it was not technically possible until recently. Safaricom opened the M-PESA Daraja API to third parties in 2021. MTN Uganda opened its MoMo API in 2022. Airtel followed in 2023. Vodacom Tanzania opened its developer platform in 2024.
For the first time, cross-rail routing is an engineering problem, not a bilateral-contract problem. — The Sharet thesis
Before these openings, any cross-rail product required bilateral commercial agreements with each telco, in each country, individually — a multi-year business development exercise that only a bank or a very large aggregator could undertake. Today, the same capability can be built by a small, focused engineering team using public APIs.
Sharet is built on that shift. We are not the first company to notice it. We are one of the first to build the whole stack — wallet, ledger, treasury, and adapter layer — as one integrated system. That is the bet.
Regulatory posture
Licensed. Safeguarded.
Licensed. Safeguarded.
Reconciled daily.
Payments is a regulated business. We do not pretend otherwise. Here is our regulatory posture in plain language.
- KenyaApplication for a Payment Service Provider licence under the National Payment System Act submitted to the Central Bank of Kenya in Q1 2026. Operating under a partner PSP licence in the interim.
- TanzaniaApplication for a Payment Service Provider licence with the Bank of Tanzania planned for Q1 2027, aligned to Vodacom and Airtel integration timelines.
- UgandaApplication for a Payment Service Provider licence with the Bank of Uganda planned for Q1 2027.
- Client fundsHeld in segregated trust accounts with Equity Bank Kenya. Sharet does not lend, invest, or use customer funds for its own operations.
- ReconciliationEvery transaction reconciled daily against trust account balances. Reports available to regulators and auditors on request.
- DataCustomer data stored in-country per Kenyan Data Protection Act requirements. No cross-border data transfer without explicit consent.
- AML / KYCTiered KYC based on transaction size and destination. Full sanctions screening on all cross-border flows.
Chapter 01 · founding
Four founders.
Four founders.
Four prior
employers.
One thesis.
The four founders of Sharet met across a decade of working on payments in East Africa. Three of them had, at various points, tried to solve the same problem from the inside of larger institutions — a mobile money operator, a regional bank, a cross-border fintech — and watched the same constraints stop the same product every time. In 2026 they built the version that finally worked.
Sharet is privately held. It has taken no outside investment. It intends to remain owner-operated for the foreseeable future. The team is small on purpose, and it will stay small on purpose until the stack is proven in the market.
2026
Founded in Nairobi
2
Rails live today: M-PESA Kenya, MTN Uganda
3
Markets in launch scope
0%
Internal transfer fee
Principles
Six rules we
Six rules we
refuse to bend.
These are not aspirations — they are the constraints that shape every decision the Sharet team makes. We wrote them down on day one and have not relaxed since.
The ledger is
Internal movement
is free.
Ledger events are not payment events. We do not charge for moving money inside Sharet.
Local settlement,
always.
We do not move every customer's funds across borders. We operate local liquidity pools connected by one ledger.
Transparent
pricing.
Every business sees the same rate card. No negotiated side deals. No volume games.
Africa first,
not Africa-only.
We start in East Africa because that is where the pain is sharpest. The architecture scales across the continent.
Build for the
operator.
The merchant, the trader, the individual moving money — that is who we build for. Not the boardroom.
The team
Named founders.
Named founders.
Named team.
Real people.
Every person on the Sharet team is a named individual with a verifiable prior employer. We do not use anonymous roles. If we are asking you to trust us with money, you should know who we are.
David Mwangi
Co-founder · CEO · ex-Safaricom M-PESA
Sarah Achieng
Co-founder · CTO · ex-Equity Bank
Michael Ochieng
Co-founder · Head of Treasury · ex-KCB
Grace Namugga
Co-founder · Head of Operations · ex-Flutterwave
Brian Otieno
Lead Engineer · ex-M-KOPA
Aisha Mohammed
Head of Compliance · ex-CBK
Joseph Mwakasege
Regional Lead · Tanzania · ex-Vodacom
Fatima Abdi
Head of Partnerships · ex-Cellulant
Names shown are the founding team as of September 2026 · full team list available on request
Where we are · pilots
Three pilots.
Three pilots.
Zero vanity
metrics.
Sharet is pre-public-launch. We have three active pilot merchants in Nairobi and one event operator in Kampala. We do not have a customer logo strip yet because we have not asked our pilots for permission to name them publicly. When they go live — expected Q1 2027 — their names will appear here.
If you would like to become a pilot merchant or platform, write to us. Pilot slots are limited and prioritised for operators with real volume, real pain, and a willingness to be candid.
Become a pilot
Where we are
Nairobi HQ.
Nairobi HQ.
Regional by
appointment.
Sharet's headquarters is in Nairobi. The engineering, treasury, and compliance functions are based there. Kampala and Dar es Salaam are regional presences by appointment, activated as the corresponding rails go live. We do not list offices we do not have.
- NairobiHeadquarters · engineering · treasury · compliance
- KampalaRegional presence by appointment · Uganda market
- Dar es SalaamRegional presence by appointment · Tanzania market
- 2027Kigali · Lusaka — subject to licence and rail integration
Nairobi HQ · regional by appointment
Hiring · 2026
Looking for a
Looking for a
platform, or a
job at one?
We are hiring across engineering, treasury, compliance, and partnerships — with a strong preference for people who have shipped payments infrastructure in East Africa. Every applicant gets a reply, even a no.