EXCLUSIVE: Kenya’s Cloud9 acquires Chpter less than a year after founders left

Cloud9, a Kenyan startup that offers digital banking services for businesses, has acquired social commerce platform Chpter in an all-stock deal, marking its second acquisition in three months after buying ticketing platform M-Tickets in May for about KES 100 million ($773,000). Cloud9 declined to disclose the financial terms of the Chpter deal. The deal reunites founders Tesh Mbaabu and Mesongo Sibuti with t he company they left in September 2025 before launching Cloud9 weeks later .