Search Results for: equity
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News
Equity Mobile App now lets you authorize payments using face ID or fingerprint
Imagine accessing your bank account and authorizing payments with only a glance or a touch. This is the experience the…
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News
Equity Bank accelerates push to link local SMEs to global markets
Kenyan commercial banks are shifting their lending strategies from traditional primary production toward value addition, aiming to plug local small…
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News
How Equity’s SME Health Cover addresses a financial risk facing small businesses
By 7am, the hardware stores along Gikomba Road are already alive. One customer wants iron sheets delivered to a site in Kitengela. Another…
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BUSINESS
Equity Bank ranked East and Central Africa’s top lender in new Forbes index
Equity Group Holdings has been ranked the highest-performing bank in East and Central Africa in the inaugural Forbes World’s Top…
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News
How Kenyan businesses are using Equity Online for Business to simplify payments, payroll and financial management
Running a business often means managing dozens of financial tasks at the same time. Paying suppliers, processing payroll, tracking account…
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News
Kenya Airways weighs aircraft-for-equity deal as more investors seek a stake
Kenya Airways’ search for fresh capital has moved beyond the conventional question of who will write the biggest cheque. At…
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News
Equity’s latest results reveal how digital banking became the engine behind KSh45.5bn in half-year profit
Equity opened the second half of 2026 with more than a strong set of earnings. The group reported KSh45.5 billion…
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News
Equity Leaders Program scholars secure KSh3.02B in scholarships to 63 universities
A total of 121 scholars under the Equity Leaders Program (ELP) have secured admission and comprehensive scholarships to 63 universities…
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Startups
Nairobi’s Sustainable Structures Joins FasterCapital’s EquityPilot
Nairobi-based startup Sustainable Structures has joined FasterCapital’s EquityPilot program to refine its industrial design and prepare its modular, fire-resistant kiosks…
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News
The Banking App Is Becoming the Branch. Here’s How Equity Mobile Fits In
Banking has become part of everyday life rather than an activity reserved for a trip to the branch. Whether it’s…
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News
Equity, AfricaNenda Partner on Digital Infrastructure Push
Equity Group Holdings has entered a strategic partnership with AfricaNenda Foundation and the Gates Foundation to accelerate the rollout of…
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News
Equity Group Deepens Cross-Border Trade Strategy With Tanzania Investment Mission
More than 50 investors and business leaders from Africa, Europe and North America have arrived in Dar es Salaam for…
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News
Equity Bank on How Protect Your Money from the New Face of Online Fraud in Kenya
The biggest threat to shopping online today is not a suspicious stranger trying to lure you to a fake website…
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News
The Business Case for Equity Bank’s Bulk Payment Service
Managing multiple payments has traditionally been one of the most time-consuming and error prone aspects of running a business. Whether…
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News
Equity Mobile Expands QR Payments Beyond the Merchant Counter
The process of sending money through a mobile banking app often involves entering phone numbers, account details and transaction information…
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News
Equity Adds Secure Float Purchase Controls Amid Growing Mobile Money Fraud Risks
Equity Bank has introduced Secure Float Purchase, a new transaction control feature designed to help customers buy float only through…
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News
Equity Group Processes 89.5% of Transactions Through Digital Platforms in Q1 2026
Equity Group processed 89.5% of all customer transactions through digital platforms in the first quarter of 2026, the lender has…
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News
Equity Group Profit Jumps 24% to KSh19.1bn in Q1
Equity Group Holdings posted a 24 percent rise in first-quarter profit after tax to KSh19.1 billion, the Nairobi-listed lender said…
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News
Equity’s James Mwangi Champions Technology-Driven Trade and Inclusion at Africa CEO Forum
Equity Group Managing Director and CEO James Mwangi has called for deeper collaboration between governments, financial institutions and technology players…
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News
Equity Bank Takes Top Spot in Kenya’s 2026 Banking Awards
Equity Bank has taken the top position in Kenya’s 2026 Think Business Banking Awards, placing it ahead of peers across…
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BUSINESS
Equity Bank Introduces Preferential Forex Rates Solution for Customer Convenience
Negotiating foreign exchange (FX) rates has traditionally been a cumbersome process, requiring individuals and businesses to visit bank branches or get…
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BUSINESS
Equity Group Bets on AI to Power Growth as Digital Transactions Hit 98.2%
Equity Group is accelerating its transition into an artificial intelligence-driven financial services provider, betting on AI to power its next…
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BUSINESS
Equity Named Africa’s Strongest Banking Brand and Kenya’s Most Valuable Brand
Equity has extended its lead in the brand stakes, emerging as Africa’s strongest banking brand and Kenya’s most valuable brand…
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BUSINESS
Equity Group Posts Record KSh75.5 Billion Profit in FY2025, Up 55%
Equity Group Holdings has reported the highest profit after tax in Kenya’s corporate history, with earnings rising 55% to KSh75.5…
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News
African Founders Once Chased Equity at Any Cost, Now the Bank Is Calling First
A few years ago, African tech founders learned to talk in valuation multiples and future exits. Lately, the language has…
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News
NCBA Sets New Marker in Offshore Investing With Launch of Global Equity and Fixed Income Funds
NCBA used its platform at the Abojani Economic Empowerment Conference to introduce two offshore products designed to change how Kenyan…
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News
Equity Group and iamtheCODE Partner to Offer Free Digital and AI Skills to 600,000 African Youth
Equity Group Foundation (EGF) and iamtheCODE, the world’s first African-led global STEAMD movement, have launched a strategic partnership to empower…
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BUSINESS
Equity Group’s Profit After Tax Hit Ksh.54.1 Billion
Equity Group Holdings Plc has posted a strong financial performance for the third quarter of 2025, reporting a 32% rise…
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News
Equity Bank Increases Walk-In Foreign Exchange Limit to USD 5,000
Equity Bank has announced an increase in its walk-in foreign exchange transaction limit across all branches, allowing customers to exchange…
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BUSINESS
Court Awards Former Little Cab GM Over KSh 98M for Unfair Dismissal and Promised Equity
In a landmark ruling, the Employment and Labour Relations Court in Kenya has awarded Ronald Otieno Mahondo, the first General…
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BUSINESS
Equity Group Unveils 2024 Sustainability Report, Reinforcing Africa’s Transformation Agenda
Equity Group has released its 2024 Sustainability Report, themed “A Sustainable World is a Transformed Africa,” underscoring its continued leadership…
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BUSINESS
Equity Bank, Inchcape Kenya Partner to Offer Affordable Tractor Financing for Farmers
Equity Bank Kenya Limited (EBKL) has partnered with Inchcape Kenya Limited, the newly appointed sole dealer for New Holland tractors…
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BUSINESS
Equity Group H1 Profit Jumps 17% to Kshs.34.6 Billion
Equity Group has reported a 17% growth in profit after tax for the first half of 2025, rising to Kshs.34.6…
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BUSINESS
Equity Bank and CFAO Mobility Launch Asset Financing Partnership
Equity Bank, in collaboration with CFAO Mobility, has launched a strategic asset financing partnership aimed at making motor vehicle ownership…
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BUSINESS
Equity Launches Women Entrepreneurship Training in Partnership with IFC and Goldman Sachs
Equity Bank Kenya and Equity Group Foundation (EGF) have entered into a new strategic partnership with the International Finance Corporation…
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BUSINESS
Equity Bank Confirms Intermittent Downtime on its Digital Banking Channels
Equity Bank has issued a public notice confirming an ongoing service disruption affecting its digital banking platforms. The bank described…
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BUSINESS
Equity Bank and Unilever Unveil KES 2.4B Distributor Financing Deal
Unilever and Equity Bank have announced a strategic partnership to offer a Distributor Financing Solution, designed to strengthen manufacturing supply…
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BUSINESS
Equity Bank Retains Title as Kenya’s Most Valuable Brand for 2025
Equity Bank has once again claimed the top spot as Kenya’s most valuable brand, maintaining its position for the second…
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News
Equity Q1 2025 Results: Ksh 15.4B Profit Fuels Digital Banking Growth
Equity Group has released its Equity Q1 2025 Results, showcasing steadfast financial performance amid a dynamic economic environment. The Group…
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News
Huawei and Equity Launch ICT Academy at Open University of Kenya
Huawei Kenya, in partnership with Equity Group Foundation, today announced the official launch of the Huawei ICT Academy at the…
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BUSINESS
Equity Bank and Carrefour Partner with Amex to Enable Card Payments
Equity Bank and Carrefour have entered into a strategic partnership with American Express (Amex), enabling Equity Bank Amex cardholders to…
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BUSINESS
Equity CEO Dr. James Mwangi Receives London Freedom Award for Inclusivity Work
Dr. James Mwangi, Managing Director and CEO of Equity Group Holdings, has been conferred the Freedom of the City of…
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News
Equity’s Digital Channels Now Process 86% of All Transactions
Equity Group has announced that a significant 86% of all its transactions are now conducted through digital channels. In its…
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News
Unpacking Equity’s Bancassurance Offering for Individuals and Small Businesses
Equity Bancassurance: In this continuously growing world, financial institutions are evolving to offer more than just traditional banking services. One…
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News
Equity Bank Earns ISO Certification for Information and Service Management Systems
Equity Bank has received dual ISO certifications – ISO 27001:2023 for Information Security Management and ISO 20000-1:2018 for Service Management.…
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News
Cassava Tech Secures $90M Equity, Restructures Operations
Cassava Technologies, Africa’s digital infrastructure and services provider, has announced a $90 million equity investment round, with participation from the…
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News
Equity Group and ODDO BHF Partner to Connect European and African Businesses
Equity Group has signed a memorandum of understanding with ODDO BHF of Germany for collaboration that will serve as a…
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News
Equity CEO James Mwangi Joins World Bank Advisory Council on Jobs
World Bank Group has appointed Equity Group Holdings CEO and MD James Mwangi to its 14 global leaders team of…
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BUSINESS
Equity, Bpifrance Join Forces to Boost SME Trade Financing in East Africa
Equity has signed a trade credit financing agreement with BpiFrance, the public investment bank of France, to strengthen support for…
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BUSINESS
Equity Bank Kenya Cuts Loan Interest Rates Again
Equity Bank Kenya has announced a reduction in interest rates on all new and existing Kenya Shilling-denominated credit facilities. The…
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News
Equity Group Q3 Profits Rise 13% to KSh 40.9 Billion
Equity Group’s 9-month Profit after Tax grew 13.1% to KSh 40.9 billion with regional subsidiaries accounting for 51% of the…
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News
Equity Recognized for Enhancing Customer Experience Through Tech
Equity has been recognized as the second runner-up in the ‘Best Use of Technology’ category, at the Service Excellence Awards…
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BUSINESS
Equity Bank’s Online Banking Services to be Temporarily Unavailable On Saturday
Equity Bank has announced plans to carry out a scheduled system maintenance this weekend that will see its online banking…
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News
How Living Goods is Enhancing Community Healthcare Through AWS’s Health Equity Initiative
In Kenya’s Kisumu County, Millicent Atieno begins her day as a community health promoter – globally recognized as community health…
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BUSINESS
Equity Bank commits to support SMEs to scale regionally
Equity Bank Group has committed to partnering with Small and Medium Enterprises (SMEs) to scale up business beyond their current…
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News
UNDP and IBM launch tools to help the energy sector forecast access and model equity
IBM and the United Nations Development Programme (UNDP) have introduced new interactive energy models on UNDP’s global GeoHub platform. These…
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BUSINESS
Equity Group elevates sustainability efforts, setting global benchmark in climate-related transactions
Equity Group has set a global benchmark with the highest number of climate-related transactions among 258 financial institutions worldwide. The…
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BUSINESS
Equity wins four awards at 2024 Euromoney Awards in London
Equity Group has triumphed at the 2024 Euromoney Awards in London, winning four accolades. The Group says these awards are…
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New Appointments
Equity Bank Kenya appoints Moses Okoth Nyabanda as Acting MD
Equity Group announced on Friday that Mr. Moses Okoth Nyabanda, its Chief Finance & Strategy Execution Officer, has been appointed…
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BUSINESS
Equity Group’s half-year profit hit Kshs 29.6 billion
Kenya’s biggest bank by market capitalisation Equity Group has reported a 12.5% growth in net profit in H1 2024. This is…
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News
113 Scholars Under the Equity Leaders Program Join Top Global Universities
113 Equity Leadership Program scholars have secured admission and scholarships to join 71 global universities located in 22 countries around…
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BUSINESS
Equity triumphs at The Insurance Awards 2024
Equity Bancassurance Intermediary Ltd and Equity Life Assurance (Kenya), emerged as top achievers at the 2024 Insurance Awards, held in…
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BUSINESS
Equity Bank and Mastercard sign remittance deal
Digital payments firm Mastercard has entered into a partnership with Equity Bank to enable the bank’s customers to send money…
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BUSINESS
PayPal withdrawals via Equity Bank now instant
Equity Bank has reduced the duration it takes to settle PayPal withdrawals from 24-hour to an instant withdrawal capability. The…
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News
Equity Bank to discontinue its EazzyBanking App in March
Equity Bank has announced that it will discontinue its EazzyBanking App, which was its pioneer mobile banking application, first unveiled…
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BUSINESS
Unlocking convenience and conscious spending with your Equity Prepaid Card
Embarking on a new year comes with the promise of fresh starts, and there’s no better way to kickstart your…
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BUSINESS
Receive money from anywhere across the world with Equity
In an era where global connectivity is paramount, Equity through its cutting-edge international money transfer solutions is committed to delivering…
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News
Here is how your business can benefit from Boostika with Equity
Mama Cherop trades in high quality secondhand clothes, popularly known as “camera,” at Nairobi’s bustling Toy Market. She sources her…
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BUSINESS
Seamlessly Shop This Festive Season With Equity
With the festivities here with us (well, we know, just like you, we’re not sure how it happened so fast…
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BUSINESS
Equity Bank’s digital banking transactions surpass Ksh. 7 trillion
Transactions on Equity Bank’s digital banking platforms surpassed Ksh. 7 trillion as compared to legacy banking at just over Ksh…
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News
Equity Bank: Unlocking convenience and security in the digital banking era
The global landscape is undergoing a remarkable transformation towards digital banking, with an ever-growing number of customers embracing its offerings…
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BUSINESS
Here Is What You Need To Know About Equity’s Instant Top Up Option To Complete a Transaction
Have you ever found yourself in a situation where you are unable to complete your transaction due to insufficient funds…
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BUSINESS
Equity: Empowering Your Financial Future With Digital Saving Solutions
The pursuit of financial independence is a goal shared by many, a journey towards the freedom to pursue our desires…
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News
Navigating the back-to-school season with financial solutions from Equity
As the new school term approaches, parents everywhere are gearing up for a mix of excitement and challenges that come…
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News
Mobility fintech Moove secures $76M equity, debt from Mubadala and BlackRock
Moove, the African mobility fintech has secured $76 million in new funding, consisting of $28m in equity from new and…
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News
PayPal Withdrawals made quick and easy with Equity
Last year, Equity launched a ground-breaking solution to expedite PayPal withdrawals to help customers transfer funds easily from PayPal to…
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BUSINESS
Equity Named Kenya’s Overall Best Bank After Bagging More 10 Than Awards
Equity Bank has once again been feted as the best bank in the country for the 12th consecutive year, at…
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News
Equity records a 23.3% increase in digital transactions to Ksh. 2,288.8 billion
Equity Group released its Q1 2023 results on Tuesday reporting a 23.3% increase in digital transactions to Ksh. 2,288.8 billion…
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BUSINESS
KCB overtakes Equity as Kenya’s largest bank with Sh1.55tr assets
KCB Bank has dethroned Equity as the largest lender in the country by asset size on the back of an…
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News
M-KOPA raises $250M in debt, equity to scale its asset finance platform across Africa
Asset financing platform M-Kopa has raised $250m in new funding to expand its services across Sub-Saharan Africa. The funding includes…
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News
Equity Mobile app now supports Western Union international money transfers
Equity Bank customers can now send and receive money conveniently through Western Union straight from their phones. The bank announced…
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Startups
Tanzanian supply chain solutions startup Ramani has raised $32M in equity and debt
Tanzanian supply chain solutions provider Ramani has raised $32M in debt and equity in a Series A round that was…
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News
Kenyans can now enjoy PayPal withdrawals on Equity Mobile App
Equity customers who use PayPal to send and receive money now have an alternative means of making transactions. The bank…
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BUSINESS
Make Your Back to School Easy With Equity
It is a no-brainer that the Back-to-school season can be a hectic period for parents, guardians, and students as they…
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BUSINESS
Equity Bank: Safeguarding Yourself and Your Bank Account
As the world continues to adopt digital banking be it on mobile or online, it is important that all of…
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News
Technology and innovation at the core of Equity Bank’s success
Africa is undergoing a season of rapid growth, characterized by innovative ideas that are crafting solutions to local problems. This…
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News
Tanzania’s fintech NALA enters Kenya, inks diaspora remittance deal with Equity Bank
Tanzania-based fintech startup NALA has partnered with Equity Bank Kenya for diaspora remittance. This partnership will allow Kenyans living in…
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BUSINESS
Equity is proof that doing well is intertwined with doing good
Equity has continued to prove that doing well can go hand in hand with doing good. This has over time…
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News
Equity bank rolls out chatbot on WhatsApp, Facebook Messenger, and Telegram
Equity has introduced Equity Virtual Assistant (EVA), the Bank’s chat banking platform for WhatsApp, Facebook Messenger and Telegram. EVA chatbot will offer digital…
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News
Equity Bank Announces Winners of its First Innovation Competition
The Equity Hackathon, an innovation competition backed by Equity Bank and Microsoft came to a close after weeks of intensive…
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WomenInTech
Shirley Somuah named Partner at Lagos based private equity fund manager CardinalStone Capital
Lagos-based private equity fund manager, CardinalStone Capital Advisers (CCA), has appointed Shirley Somuah as its new Partner. The appointment comes…
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BUSINESS
Equity Bank Awarded for Leading in E-Commerce payment volumes
Equity bank has been honoured with two awards by Visa for leading in Visa generated volumes in 2021. The bank…
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News
Brand Finance Ranks Equity 5th Strongest Banking Brand in the World
Equity Group, East, and Central Africa’s largest financial services Group has been named the 5th strongest banking brand in the…
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BUSINESS
Equity adds some new features to its USSD service
Equity Bank has made some new updates to its USSD service (*247#). The bank says the newly updated USSD will…
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BUSINESS
Equity rolls out One Till Number platform, works with all mobile wallets
Equity has introduced a new product they are calling One Till Number. The product, a first in the Kenyan market,…
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BUSINESS
PayPal withdrawals via Equity Bank will now take 24 hours
Equity Bank has reduced the duration it takes to settle PayPal withdrawals from 3 Business days to just 24 hours.…
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News
Equity Acquires Ksh.18.6 Billion loan from IFC for Onward Lending to SMEs in Kenya
Equity Group has acquired a Ksh 18.6 billion loan from the International Finance Corporation (IFC) to help it increase working…
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BUSINESS
Equity Revamps its Online Banking Solutions to Drive Customer Convenience
Equity Bank has revamped its online banking offering, previously known as Eazzy Net, in line with the bank’s One Equity…
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News
These are the 9 Kenyan startups selected to receive equity-free funding from Google
Google recently announced that it will be investing up to $50 million in African early- and growth-stage startups via its…
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News
Google to invest $50M equity-based fund in African startups
Last week, tech giant Google announced that it plans to invest up to $50 million in African early- and growth-stage startups…
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News
Africa-focused private equity firm DPI raises $900m to invest in specific companies in Africa
Development Partners International (DPI), a premier investment firm focused on Africa on Monday announced that it has raised $900m in its…
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