IHC acquires a 70% stake in Peko Holdings’ digital service portfolio

Abu Dhabi investment company, IHC, has acquired a 70 per cent stake in Peko Holdings Limited. IHC did not disclose the financial details of the deal.

Peko is a technology-driven company delivering an integrated digital platform that simplifies and automates core business operations. It helps businesses streamline financial operations and essential administrative processes through a single, intuitive interface, which enables efficient management of activities like bill payments, payroll, business travel, invoicing, corporate cards, compliance services, and a wide range of operational workflows. By consolidating these 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. It is underpinned by recurring, subscription-based revenues, high customer retention, and strong scalability, positioning it as a useful infrastructure for the next generation of digital-first businesses.

Strategic acquisition supports scalable growth

The acquisition aligns with IHC’s strategy of investing in category-defining platforms with strong governance, scalability, and the ability to generate long-term, sustainable value. It also reflects IHC’s continued focus on technology-enabled businesses that enhance efficiency, financial access, and operational resilience.

Syed Basar Shueb, CEO of IHC, commented: “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.”

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