Craft Silicon revenue hits Sh5bn on pay platform use

Craft Silicon founder and chief executive Kamal Budhabhatti. FILE PHOTO | NMG

Kenyan IT multinational Craft Silicon’s revenues grew by 26 per cent to Sh5 billion last year, the privately-owned firm has revealed.

Its founder and chief executive Kamal Budhabhatti says the value of transactions channelled through its payment platform was Sh440 billion ($4.4 billion) in 2016, and is projected to hit Sh530 billion ($5.3 billion) by the end of the current financial year.

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