Search Results for: kcb
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TRENDING
CAK Approves KCB Group’s Acquisition of Fintech Firm Riverbank Solutions
The Competition Authority of Kenya (CAK) has formally approved KCB Group PLC’s acquisition of a 75% stake in the fintech…
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News
Kenya’s Tap to Phone Moment as KCB and Visa Push Payments Into Everyday Life
Last evening, KCB and Visa gathered merchants, partners, and a crowd of regular customers to unveil something that looked simple…
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BUSINESS
KCB Group Posts KShs. 47.3 Billion Q3 Net Profit, Assets Clock KShs. 2.04 Trillion
KCB Group PLC announced a strong financial performance for the nine months ended September 2025, posting a profit after tax…
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News
KCB Bank and Pesapal Partner to Digitize 10,000 Fuel Stations Across East Africa
KCB Bank Kenya and financial technology provider Pesapal have announced a major partnership to roll out a digital Forecourt Management…
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TRENDING
KCB Group to Acquire Stake in Fintech Firm Pesapal, Marking Second Major Fintech Investment in 8 Months
KCB Group Plc has announced that it has signed a deal to acquire a minority stake in Pesapal Limited, a…
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BUSINESS
KCB Scales Up Sustainable Finance, Disburses KSh 53.2 Billion in Green Loans
KCB Group has deepened its leadership in sustainable finance, screening loans worth KSh 578.3 billion for environmental and social risks…
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News
KCB Unveils Revamped Mobile Banking App
KCB Bank has rolled out a redesigned mobile banking app, promising customers a faster, more secure, and user-friendly experience. The…
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BUSINESS
340 Youth in Nandi County Graduate from KCB Foundation 2jiajiri Program
A total of 340 youth from 10 Technical and Vocational Education and Training (TVET) institutions in Nandi County have graduated…
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News
KCB Acquires Majority Stake in Fintech Firm Riverbank
KCB Group has announced the acquisition of a majority stake in fintech firm Riverbank Solutions Limited. The Group said the…
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News
KCB Joins PAPSS to Enhance Cross-Border Transactions
KCB Group has joined the Pan-African Payment and Settlement System (PAPSS) to enhance cross-border trade and financial integration across the…
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News
KCB, Airtel Money in new deal targeting merchant payments
KCB Bank Kenya and Airtel Money have announced a new interoperability partnership, allowing Airtel Money customers to make direct payments…
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News
dLocal secures remittance services partnership with KCB Bank
dLocal KCB Partnership: More than a year after securing payment service provider licences from the Central Bank of Kenya (CBK)…
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News
KCB Bank bets on Tap To Pay to deepen uptake of cashless payments in Kenya
Tap To Pay is a concept that Kenyans have not really been accustomed to. As much as customers are gradually…
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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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BUSINESS
KCB Group Completes Acquisition of DRC-based Trust Merchant Bank
KCB Group has announced the completion of the acquisition of Trust Merchant Bank SA (TMB) after receiving all the regulatory…
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News
KCB and TerraPay partner to enhance cross-border remittances
KCB Bank Kenya customers will now be able to seamlessly receive funds from the diaspora to their accounts in Kenya,…
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News
KCB Partners With EV Maker BasiGo Kenya to Finance Electric PSV Buses
The Kenya Commercial Bank (KCB) and electric vehicles manufacturer BasiGo Ltd on Tuesday announced a partnership that will enable investors…
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BUSINESS
KCB inks Bank Identification Number deal with South African fintech startup Ukheshe
South Africa’s fintech startup Ukheshe has entered into a new Bank Identification Number (BIN) deal with Kenya-based lender KCB Bank Kenya. This…
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BUSINESS
Mastercard, Unilever and KCB Bank to provide a $150k recovery package to Kenyan MSMEs
To extend support towards COVID-19 economic recovery, Mastercard, Unilever and KCB Bank have pooled resources to provide Micro, small and…
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News
KCB, Safaricom Join Acumen in Selecting 20 East Africa’s Emerging Social Leaders
Twenty social entrepreneurs from across East Africa are set to join the prestigious Acumen East Africa Fellows Program in a…
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UPCOMING EVENTS
Oracle and KCB to hold a developers forum to help drive Cloud Adoption in Africa
In an effort to grow the adoption of cloud services efficiently across Africa, Oracle , has partnered with Kenya Commercial…
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News
KCB GROUP UNVEILS COUNTY REVENUE COLLECTION SOLUTION IN KIAMBU COUNTY
KCB Group has launched an ambitious programme aimed at facilitating the collection of taxes in the counties. The revenue collection…
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BUSINESS
HELB, KCB automate payout of Kshs. 8Billion kitty
(Photo source: Helb) High Education Loans Board (HELB) and KCB have launched a Student Smart card aimed at improving efficiency…
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News
Kenya’s Banking Order Changed While Absa Stayed Profitable, and Now It Has to Catch Up
Absa is not entering Kenya. It never left. The institution now discussing acquisitions is the same lender that operated for…
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News
Airtel Kenya Tries to Crack a Digital Credit Market Long Shaped by Fuliza
When Airtel Money Kenya says it wants a slice of the digital overdraft market, it is not entering open ground.…
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BUSINESS
Trade, Investment Roadshow Positions Kenya as Gateway to 350M Consumers
Kenya has been positioned as the primary gateway to a market of 350 million consumers across East and Central Africa,…
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News
Safaricom Announces Scheduled Fuliza System Upgrade
Safaricom has announced a brief, scheduled system upgrade for its widely used Fuliza overdraft service, as new figures reveal the…
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News
Fuliza, Kamilisha, and the New Logic of Credit in Kenya’s Always-On Mobile Economy
Kenya’s appetite for quick credit has turned digital overdrafts into a financial mainstay. What began as a mobile money convenience…
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BUSINESS
ARISE IIP Launches Multi-Billion Industrial Development Zone in Kenya
ARISE Integrated Industrial Platforms (ARISE IIP), a pan-African developer and operator of world-class integrated industrial zones, has officially established its…
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News
As Banking Goes Fully Digital, Kenya’s Lenders Return to the Ground to Rebuild Connection and Trust
The story begins with a phone. What started as a tool for calls and social chatter became the main gateway…
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BUSINESS
Co-op Bank Joins Kenya’s Digital Overdraft Race With Kamilisha
When the Co-operative Bank of Kenya rolled out its new overdraft product, Kamilisha, it wasn’t just launching another loan facility.…
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News
As Kenya’s Phone Banking Race Intensifies, Apps Begin To Redefine Everyday Money
Phones changed a habit and then a system. Over recent years the handset stopped being just a tool for calls…
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News
Stanbic–NCBA Merger Talks Stir Fresh Jitters Across Kenya’s Banking Sector
In a deal that could rearrange familiar ground, Bloomberg reports that Standard Bank’s Kenyan unit has opened formal negotiations to…
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News
CBK’s KESONIA Model Explained: What Kenya’s New Loan Pricing System Means For Mobile Loans And Digital Banking
For years, borrowers have complained about the mismatch between Central Bank policy and the rates they actually face in banking…
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News
How Skyrocketing Smartphone Prices in Kenya Are Fueling a Device Financing Revolution
Smartphones have become a necessity in Kenya, but owning one has rarely been harder. Prices have climbed so steeply in…
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News
Farmers Abandon Hustler Fund as Banks and Fuliza Become the New Go-To Credit Sources
Kenyan farmers are shifting away from the government-backed Hustler Fund and microfinance lenders, turning instead to banks and digital loans…
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News
Huawei Kenya Hosts Smart Classroom Workshop to Advance Digital Learning in Underserved Schools
Huawei Kenya, in partnership with Hiperdist, KCB Bank, and Digion/Smatrace Solutions Ltd, on Tuesday hosted a Smart Classroom Workshop in…
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BUSINESS
Zenith Bank Eyes Kenya Market Entry Amid Rising Capital Pressures
Nigeria’s Zenith Bank is laying the groundwork for a bold East African expansion, with confidential talks underway to acquire a…
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News
Mobile Money Subscriptions in Kenya Hit 45.4 Million
Mobile money subscriptions in Kenya grew by 7.3% to reach 45.4 million users in the quarter ending March 2025. This…
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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
Over 2,000 Delegates to Gather in Diani for the Connected Africa Summit 2025
Kenya is set to host the Connected Africa Summit 2025 from May 26 to May 29, 2025, at the Diamonds…
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News
E-Mobility Manufacturer Roam Ranked Kenya’s Fastest-Growing Company
Roam, the Nairobi-based electric mobility manufacturer, has been named Kenya’s fastest-growing company and among Africa’s top 40 in the 2025…
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News
Africa Tech Summit Awards 2025 Winners Announced
Africa Tech Summit Awards announced the 2025 winners, recognising the leading entrepreneurs and ventures shaping the tech industry across the…
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News
Airtel Money Extends ‘Rudishiwa Transaction Fee’ Offer to Paybill Transactions
Airtel Money has announced ‘Rudishiwa transaction fee’ offer for Paybill transactions. This offer will give back the transaction fee incurred…
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News
Safaricom Contributes KES 983 Billion to the Kenyan Economy, As it Celebrates 24 Years
Safaricom contributed KES 983 billion to the Kenyan economy as it sustained 1,283,329 jobs in the last Financial Year. This…
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BUSINESS
Safaricom secures another Sh15 billion sustainability linked loan
Safaricom has announced that it has secured another Sh 15 billion sustainability linked loan, bringing the total loan facility to…
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BUSINESS
BNI Convention Unites African Entrepreneurs for Insightful Collaborations
The BNI Convention held in Naivasha on Friday, 16th August 2024, brought together over 400 entrepreneurs and business leaders from…
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News
CBK Licenses 7 More Digital Credit Providers
The Central Bank of Kenya (CBK) has issued operating licenses to 7 new Digital Credit Providers (DCPs). This now brings…
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News
Unpacking SC Juza: Standard Chartered’s new mobile lending app
Standard Chartered Bank recently launched a short-term lending mobile app for its clients. Known as SC Juza, the bank says…
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News
Suss Digital Africa Founder Dennis Maina Named Among The Top Fourty Under 40 Africa
Kenyan-based digital marketing agency Suss Digital Africa founder Dennis Maina, has been named among the Fourty under 40, 2024. Dennis…
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News
Spotify Wrapped 2023: Here is what Kenyans listened to the most this year
Spotify today launched Wrapped 2023, its annual review of how people listened to artists, albums, tracks, playlists and even podcasts.…
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News
Kenya setting the pace in EV adoption in Africa
Electric Vehicles (EV) are gaining momentum in Kenya thanks to the government’s National Electric Mobility Plan, which focuses on creating…
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News
[Kenya] Visa working with local banks to roll out Tap To Pay payment services
Tap To Pay is a concept that Kenyans have not really been accustomed to. As much as customers are gradually…
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News
Safaricom extends Fuliza to business owners on Lipa Na M-PESA
After launching Fuliza to all subscribers on its mobile money platform M-Pesa in January 2019, Safaricom is now extending the…
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News
Kenya rolls out a QR code standard for facilitating digital payments
The Central Bank of Kenya (CBK) on Wednesday unveiled the Kenya Quick Response (QR) Code Standard 2023. The QR code…
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News
Samsung’s Galaxy S23 Series hits the shelves in Kenya starting today
Samsung has announced today that customers in Kenya and other markets now buy the Galaxy S23 smartphones following the lapse…
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News
Safaricom announces new appointments in latest leadership shake up
Just a few days after appointing Adil Arshed Khawaja as its new board chairman, telecommunications giant Safaricom has announced a…
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News
Safaricom Appoints Arshed Khawaja Its New Board Chairman
Safaricom has appointed Mr. Adil Arshed Khawaja as its new board chairman effective today. Khawaja takes over from John Ngumi…
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News
Safaricom now lets you withdraw your Fuliza balance at M-Pesa agents
Fuliza, the overdraft facility from Kenya’s leading telco Safaricom is one of the most popular digital loans and its ease…
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News
Fintech startup Hisa unveils real-time online stocks trading platform
Fintech startup Hisa has launched an application that allows Kenyans to invest in the stock market directly from their phones…
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BUSINESS
Fuliza restructured, here is everything you need to know
Kenya’s leading telco Safaricom, NCBA and KCB Bank Kenya have announced a restructuring of the popular Fuliza overdraft facility. Fuliza…
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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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BUSINESS
Mastercard Expands its Jaza Duka Micro-Credit Program with Kasha
Mastercard today announced that Kasha, the purpose-driven digital retail and distribution platform has joined Jaza Duka, Mastercard’s micro-credit digital lending platform…
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News
National Bank of Kenya to Facilitate Financing for Kodris Africa Coding Program
The National Bank of Kenya (NBK) has partnered with Kodris Africa to provide a financing product for individuals and corporates…
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News
Telkom Kenya Joins the Mobile Lending Frenzy With T-Kash Loan
Mobile service operator Telkom Kenya is gearing to launch a mobile loan service to take a slice of the fast-growing…
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BUSINESS
Safaricom’s Mobile Money Service M-Pesa Crosses 30 Million Monthly Active Customers in Kenya
Safaricom’s mobile money service M-Pesa has crossed 30 million customers using the service every month in Kenya. The milestone comes…
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BUSINESS
JOSHUA OIGARA: Micro, Small and Medium Entrepreneurs Need Innovative Support for Quicker Recovery
The COVID-19 pandemic has largely been framed as a public health crisis, over one and a half years since it…
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News
Mdundo says it recorded 20 million users across Africa at the end of Q4
Pan-African music streaming service, Mdundo, has announced that the platform recorded 20 million users at the end of Q4, up…
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News
4G Capital Strengthens Leadership Team With New Appointments
4G CAPITAL GROUP has today announced the appointments of Alex Siboe as Chief Operations Officer and Ross Breadmore as Chief Product Officer. Both officers…
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News
Mastercard appoints Victor Ndlovu Director, Business Development Lead, East Africa
Mastercard has today announced the appointment of Victor Ndlovu as Director, Country Business Development Lead for East Africa. Victor is…
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News
Spire Bank Appoints Fredrick Omondi New Head of Finance and Administration
Spire Bank, a subsidiary of Mwalimu National Sacco has announced the appointment of Fredrick Omondi Nyasaka as the new Head…
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News
South African fintech startup Ukheshe confirms Middle East, Europe and Asia Pacific expansion
South African fintech startup Ukheshe Technologies has confirmed its global expansion. Having established itself as a formidable payment technology specialist…
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BUSINESS
NTSA selects dozens of companies to build cashless fare payment system for PSVs
The National Safety and Transport Authority (NTSA) has selected dozens of local firms to build a cashless fare payment service…
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Apps
Safaricom Updates MySafaricom App With New Features
Safaricom’s MySafaricom App update has brought with it a range of new features. The most notable of the bunch is…
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BUSINESS
Banking Sector urged to go digital to build resilience and sustainable growth post Covid-19
Bankers from Sub Saharan Africa and China who attended the Huawei Sub-Saharan Africa Financial Services Industry Online Summit 2020 agree…
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BUSINESS
Digital and mobile channels to be key service delivery platforms for financial service providers
As countries prepare for imminent easing of movement restrictions and resumption of normal operations in most sectors of their economies,…
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BUSINESS
StarTimes new online platform, StarTimes GO, will allow customers to shop from their TVs
Pay Television provider StarTimes Kenya has introduced an online shopping platform for its customers. Named StarTimes GO, the platform will…
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Gadgets
Huawei’s new device, Y7p, arrives in Kenya, with all your favourite apps through Huawei AppGallery
Huawei’s latest device, the Huawei Y7p, is now officially available in the Kenyan market. Launched on the 17th of April,…
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BUSINESS
Safaricom Customers Being Conned Using Telco’s Official Number
Looks like fraudsters are always devising new ways to con people on the Safaricom network. A number of users are…
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BUSINESS
Equity Bank’s diaspora remittance volumes hit Sh100 billion in just nine months
Equity Bank’s diaspora remittance volumes hit Sh100 billion in the nine months to September. This helped boost the lender’s forex…
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BUSINESS
You will soon start paying your Boda rider using Visa Mobile
You might soon start paying your boda-boda rider using Visa Mobile. Visa, KCB Bank and the Boda Boda Safety Association…
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News
Nairobi to host the 2019 Africa Shared Value Summit on 23-24 May
Kenya set to host the 2019 Africa Shared Value Summit. The summit will be held from the 23rd to 24th…
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BUSINESS
Betting industry emerging as a major player in the mobile money industry
Kenyans transacted over Kes.960 billion through mobile money in the first three months of 2018. This is according to data…
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BUSINESS
Sh.960 Billion Transacted Through Mobile Money In The First Quarter Of 2018
Kenyans transacted over Sh 960 billion through mobile money in the first three months of this of this year. According…
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BUSINESS
Equity Bank records Shs.5.9 billion 2018 quarter profit
Equity Bank, Kenya biggest bank in terms of customers recorded a profit after tax of Shs 5.9 billion in the…
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BUSINESS
Equity bank records Ksh.18.9 billion profit after tax for the year 2017
Equity bank has reported a profit after tax of Kshs 18.9 billion for the year ending December 2017 up from…
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News
Kenya’s mSurvey expands its operations to Nigeria
Kenya’s mobile-first consumer experience platform mSurvey has expanded its operations in Nigeria. The move comes as the Kenya-based company seeks…
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News
Opera’s new Kenyan office to serve as East Africa’s hub
Opera, the developer of popular Opera Mini and Opera browsers, have set an office in Kenya. Techweez reports that the…
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COLUMNS
The Case for Digitalization: 5 Signs You Are Lagging Behind
Dear business owner, Your customers have been spoiled. Thanks to companies like OLX and Uber, they now expect you to…
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BUSINESS
Kenya Commercial Bank barred from using its banking software over piracy
Kenya Commercial Bank (KCB) Group has been barred from using a core banking software over IP infringement and software piracy.…
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News
US-based IT firm, Cognizant Technology Solutions, under probe for bribery
The ongoing bribery investigations on Cognizant Technology Solutions (CTL) could spill over to the firm’s clients based in other countries,…
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News
Kwesé Free Sports TV launches live coverage of Kenya’s KNRC motor rallies
Econet owned Media’s TV channel Kwesé Free Sports has partnered with Liquid Telecom Kenya to launch live broadcasting of Kenya’s…
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BUSINESS
Visa Patners with four banks to launch mVisa mobile payment service in Kenya
Visa has today introduced a new mobile payment service in the country. Known as mVisa, the company says the service…
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News
What you need to know about Joseph Mucheru, New ICT Cabinet Secretary
Joseph Mucheru MBS, is the current Kenyan Cabinet Secretary nominee for ICT. The ICT docket was initially headed by Dr.…
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COLUMNS
How can Africa’s financial services industry become more mobile?
The mobile has proven itself as a major disruptive power within Africa’s financial services industry. Around a billion African consumer…
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BUSINESS
Interview: Old Mutual Financial Advisor talks about early investments
Many people don’t seem to be investing in shares due to what people say or have seen with collapsed stock…
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News
Google to discontinue Bebapay Kenya website on Wednesday
Google has announced that it will discontinue the Bebapay Kenya – www.bebapay.co.ke – website from Wednesday April 1 , two…
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BUSINESS
Safaricom aims at e-payment billions with M-Pesa cards
Safaricom plans to introduce M-Pesa payment cards that will be used for settling government services and taxes, in yet another…
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