• Peko is an all-in-one digital platform streamlining financial and administrative operations for businesses
  • The acquisition reinforces IHC’s focus on scalable, technology-enabled platforms supporting SME growth

Abu Dhabi, UAE – IHC, a global investment company focused on building dynamic value networks, today announced that it has successfully acquired a 70% stake in Peko Holdings Limited, a technology-driven company delivering an integrated digital platform designed to simplify and automate core business operations.

Peko is an all-in-one digital platform purpose-built to help businesses streamline financial operations and essential administrative processes through a single, intuitive interface. The platform enables efficient management of activities including bill payments, payroll, business travel, invoicing, corporate cards, compliance services, and a wide range of operational workflows. By consolidating these mission-critical functions, Peko helps businesses reduce operational friction, enhance productivity, and scale more efficiently.

Through its modular, platform-as-a-service model, Peko addresses the growing demand among SMEs and mid-market companies for seamless, automated infrastructure that replaces fragmented legacy systems. The platform is underpinned by recurring, subscription-based revenues, high customer retention, and strong scalability, positioning it as foundational digital infrastructure for the next generation of digital-first businesses.

The acquisition aligns with IHC’s strategy of investing in category-defining platforms with strong governance, clear paths to scale, and the ability to generate long-term, sustainable value across global markets. It also reflects IHC’s continued focus on technology-enabled businesses that enhance efficiency, financial access, and operational resilience, with Peko actively integrating artificial intelligence across its platform, including the introduction of an AI-powered assistant designed to automate routine tasks such as invoicing, expense management, forecasting, and administrative documentation, further enhancing value for customers.

Syed Basar Shueb, CEO of IHC, said: “Peko represents the kind of scalable, future-ready platform we actively invest in, one that addresses real operational challenges for businesses while leveraging technology to unlock productivity and growth. This acquisition strengthens our digital services portfolio and advances our strategy of building integrated value networks across high-growth sectors. We see strong potential for Peko to scale regionally and globally, particularly as AI becomes increasingly embedded in enterprise operations.”

Kashif Khan, Founder and CEO of Peko Holdings Limited, added: “Peko was built with a clear vision to empower businesses with a single, intelligent platform to manage their operations end to end. Partnering with IHC marks a defining moment in our journey. With IHC’s scale, long-term perspective, and strategic support, we are well positioned to accelerate innovation, expand into new markets, and deliver greater value to SMEs worldwide.”

This transaction follows a series of strategic acquisitions and investments completed by IHC over the past six months, including Invictus Investment, Sammaan Capital, First Women Bank Limited, and Zelo, underscoring IHC’s active deployment of capital into high-growth, future-focused platforms across financial services, technology, and digital infrastructure.

The acquisition of Peko Holdings further strengthens IHC’s global portfolio and reinforces its commitment to backing businesses that enable economic participation, operational efficiency, and sustainable growth across diverse markets.

About IHC:

Established in 1999, IHC has become the most valuable holding company in the Middle East and one of the world's largest investment firms, with a market capitalization of AED 878.5 billion (USD 239 billion). Since then, it has transformed to represent a new generation of investors. IHC's commitment to sustainability, innovation, and economic diversification spans over 1,400 subsidiaries, driving growth across industries like Asset Management, Healthcare, Real Estate, Financial Services, IT, and more.

IHC continually looks beyond the stand-alone value of its assets for opportunities, stepping outside of traditional approaches and artificial barriers to unlock opportunities across its portfolio, enabling sector-agnostic Dynamic Value Networks and creating results that are often much greater than the sum of their parts.

At IHC, we take our responsibility to shareholders, customers, and employees seriously. Our commitment to responsible investment ensures that we create sustainable value by staying connected to the communities we serve, making a positive difference with every investment.

www.ihcuae.com

Media Contacts
Simon Hailes
Managing Director, Head of Edelman Smithfield Middle East
IHC@edelmansmithfield.com