A Kenyan social commerce platform that facilitates conversational commerce and aims to expand across Africa.
Cloud9’s Chpter acquisition reveals a bigger plan for business banking in Africa
Cloud9's acquisition of Chpter aims to consolidate business banking, payments, and commerce into a single platform. The deal follows Cloud9's earlier acquisition of M-Tickets, indicating a strategic growth plan.
Why Kenyan digital bank Cloud9 acquired Mtickets in $773,000 deal
Cloud9 acquired Kenyan ticketing platform M-Tickets in an all-stock deal valued at KES 100 million. The acquisition allows Cloud9 to access a platform that has processed over one million tickets since 2014.
Tesh Mbaabu and Mesongo Sibuti unveil Cloud9, their next venture after Chpter
Tesh Mbaabu and Mesongo Sibuti are launching Cloud9, a digital bank for young Africans. Cloud9 aims to provide a modern financial experience tailored to millennials and Gen Z.
Chpter co-founders Tesh Mbaabu and Mesongo Sibuti step down in major leadership reshuffle
Mbaabu and Sibuti stepped down from Chpter's daily operations effective September 15, 2025. Mark Kiarie resumes his role as CEO of Chpter, emphasizing the importance of founder leadership.
