Search Results for: fintech
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News
HTC most sought after mobile device in Kenya than Huawei in 2016 – DataFintech
HTC and Huawei mobile devices account for 24.9% of the mobile phones by stock value on the Kenyan online…
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News
Cellulant beats Mpesa to win Best Payments and Transfers Company Award at African FinTech 2016
Pan-African mobile commerce company Cellulant, emerged the winner of the Payments and Transfers category in this year’s African FinTech 100…
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News
NetGuardians Africa nominated for the 2016 African FinTech Awards.
NetGuardians has been nominated for the 2016 Africa FinTech Awards. The innovative Swiss Fintech company which was inaugurated in Nairobi,…
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BUSINESS
FINCA and First Access Announce World’s Largest Microfinance Fintech Collaboration
FINCA and First Access, whose technology predicts the credit risk of borrowers in informal markets, has announced a new collaboration…
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Startups
TechMoran launches StartupEast Conference & Awards
TechMoran, a pioneer African technology and startup media company, has launched the StartupEast Conference & Awards, a new platform designed…
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News
MTN Group posts $7.18bn H1 revenue, record margin
MTN Group has reported record margins for the first half of 2026, with service revenue, earnings and capital spend all…
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News
Africa Blockchain Festival lands in Nairobi as Kenya’s crypto rules take shape
The Africa Blockchain Festival will bring founders, investors, regulators and developers to Nairobi from October 15 to 17, but the…
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News
Vodacom names Khumo Shuenyane as next chairman as Safaricom governance changes continue
Vodacom has named Khumo Shuenyane as its next chairman, confirming a leadership transition that will take effect on 21 July…
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Startups
New platform maps Kenya’s startup, investment and policy ecosystem
An independent digital intelligence platform has launched to give a single, continuously updated view of Kenya’s innovation ecosystem, bringing together…
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News
Transsion’s Hong Kong IPO tests whether global investors will price Africa-built tech at scale
Transsion’s move toward a Hong Kong IPO is shaping up as more than another listing. It raises a bigger question…
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News
Stripe and Advent push ahead with a higher PayPal takeover bid after rejected offer
PayPal is back at the negotiating table after rejecting a $53 billion takeover offer from Stripe and private equity firm…
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BUSINESS
Airtel’s Money unit eyes rare US dollar pricing in London IPO
Airtel Africa’s plan to take Airtel Money public in London has entered a new phase, with the company now considering…
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News
Kenyan banks turn to real-time payments as customer expectations shift
Kenyan banks are ramping up investment in instant payment systems as customers increasingly expect money transfers to happen as fast…
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News
East Africa’s investment banking playbook is changing as pension capital takes centre stage
East Africa investment banking trends are no longer being defined by larger loans alone. According to Absa’s East Africa Director…
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News
Safaricom names Vodacom Executives Cassim, Mbungela to board
Safaricom Plc has appointed two senior Vodacom Group executives, Mariam Cassim and Matimba Mbungela, as Non-Executive Directors effective August 13,…
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News
Kenya’s crypto rules put homegrown startups under pressure
Kenya’s new crypto rules are creating a difficult calculation for local startups: raise substantial capital before the November 4 compliance…
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News
Kenya’s trust bill targets hidden ownership as FATF pressure mounts
Kenya’s Trust Administration Bill 2026 is taking aim at one of the harder questions in financial crime investigations: who ultimately…
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News
Global crypto firms are lining up as Kenya’s new licensing framework takes hold
Kenya’s crypto licensing framework is beginning to produce the response policymakers hoped for when the Virtual Asset Service Providers Regulations,…
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News
Airtel Kenya secures 25-year licence as long regulatory journey ends
Airtel Kenya has secured a 25-year operating licence from the Communications Authority of Kenya (CA), concluding a prolonged licensing process…
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News
Two new undersea fibre optic cables will expand Kenya’s international internet capacity before 2027
Kenya undersea fibre optic cables are set to expand again before 2027, strengthening the country’s position as one of Africa’s…
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News
Cloud9’s Chpter acquisition reveals a bigger plan for business banking in Africa
Cloud9’s acquisition of Chpter gives a clearer view of how the Kenyan fintech wants to compete: by placing banking and…
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News
Airtel nears satellite-to-phone launch in Kenya as it awaits regulatory approval
For decades, expanding mobile coverage has largely meant building more towers, laying more fibre and extending networks into areas where…
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News
Mintoak acquires ICC Loyalty as it expands beyond payments
Fintech company Mintoak has acquired Dubai-based ICC Loyalty in a move to expand its banking technology offerings beyond payments into…
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News
Safaricom declares record dividend as Vodacom deal closes out
Safaricom shareholders approved a final dividend of KSh1.15 per share at the company’s 18th Annual General Meeting on 31 July,…
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New Appointments
Anne Kinuthia-Otieno Lands at Visa After Airtel Money Exit
Anne Kinuthia-Otieno has been appointed Vice President and Head of East Africa at Visa, ending weeks of speculation following her…
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News
Onafriq Partners with Privy to Expand Stablecoin Payment Infrastructure across Africa
Onafriq has announced a strategic partnership with digital asset infrastructure provider Privy to advance the adoption of stablecoin-powered payment services…
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News
Bonke Michael Steps In to Lead Airtel Money Kenya During IPO Push
Airtel Money Kenya has appointed Bonke Michael as its Acting Managing Director, marking the company’s first leadership move following the…
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News
Kenya’s Crypto Licence Rules Target Long-Term Operators Instead of Speculators
When Kenya’s Virtual Asset Service Providers (VASP) Regulations, 2026 were published, much of the attention focused on paid-up capital requirements,…
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News
Vodacom’s Higher Growth Targets Put Safaricom at the Heart of Its Next Chapter
Vodacom has raised its medium-term growth ambitions less than a month after completing the Vodacom Safaricom acquisition, offering one of…
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News
Jubilee’s bolttech Deal Brings Health Insurance Into Everyday Transactions
Kenya has one of Africa’s most advanced digital finance ecosystems, yet health insurance remains out of reach for many households.…
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News
Court Bars Unlicensed Digital Lenders From Enforcing Loan Agreements in Kenya
A Nairobi Small Claims Court has ruled that unlicensed digital lenders in Kenya cannot rely on the courts to recover…
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News
Cregis Expands into Africa to Meet Rising Demand for Enterprise Digital Asset Infrastructure
Enterprise digital asset infrastructure provider, Cregis has expanded its operations into Africa as it seeks to tap into the continent’s…
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New Appointments
WayaWaya Appoints Banking Veteran Raj Singh to Board to Drive Expansion
Nairobi-based fintech WayaWaya has appointed veteran banking executive Raj Singh as Non-Executive Director and Adviser to the Board as it…
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News
Airtel Africa Posts 31pc Revenue Growth to $1,853 Million
Airtel Africa Plc has reported a 31.0% jump in revenue to $1,853 million for the financial year ended 30 June…
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TRENDING
M-KOPA Reaches 10 Million Customers Across Africa
M-KOPA has surpassed 10 million customers across Kenya, Uganda, Nigeria, Ghana and South Africa, marking a major milestone for the…
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News
The Sh115 Million Crypto Freeze That Shows Kenya’s New AML Rules in Action
A network of shell companies, international remittance services, intermediary bank accounts and cryptocurrency wallets has placed two Kenyans at the…
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News
eZi Remit, Mastercard Partner to Expand Faster and Affordable Cross-Border Payments Across Africa
South African remittance fintech eZi Remit has partnered with Mastercard to strengthen cross-border money transfers, enabling eligible customers in South…
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News
Pesalink’s Fee Cuts Show Banks Are Chasing Everyday Transactions Again
Kenya’s banking industry has launched its most coordinated effort yet to reclaim a larger share of everyday digital payments, with…
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News
CBK Backs African Payment Network as PAPSS Expands Across the Continent
Kenya has joined a broader African effort to make cross-border payments cheaper and faster through the Pan-African Payment and Settlement…
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News
Stripe’s Reported Bid for PayPal Puts Its Africa Strategy Under the Spotlight
Stripe’s reported PayPal acquisition bid has reopened questions about the future of one of the world’s largest digital payments companies—and…
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News
Safaricom’s Esther Waititu Departs After Leading M-PESA’s Platform Expansio
Safaricom Plc Chief Financial Services Officer Esther Waititu will leave the telecommunications company on July 31, bringing to a close…
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News
Cassava Gets Africa’s First Microsoft Azure ExpressRoute Metro Designation
Cassava Technologies has been designated a Microsoft Azure ExpressRoute Metro peering location in Johannesburg through its business unit, Africa Data…
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News
The Business Behind M-Pesa Africa Is Finally Profitable After Years of Expansion
M-Pesa Africa has reported its first profit from operations since Safaricom and Vodacom created the joint venture, marking an important…
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News
How the World Cup Put Prediction Markets at the Centre of a Global Regulatory Debate
The FIFA World Cup final has turned prediction markets into one of this year’s biggest technology and fintech stories. Ahead…
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News
Airtel Money Heads Back to London With a Bigger IPO in Sight
Airtel Money’s renewed IPO plans have returned the company’s fast-growing fintech business to the spotlight, this time with London emerging…
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News
Kenya Eyes Golden Visa as It Expands Race for Global Investment
Kenya’s golden visa proposal is back on the table, this time arriving alongside record foreign investment, tax reforms and a…
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News
Ten Months On, Why Airtel’s Nxtra Data Centre Matters More Than Ever for Kenya
When Airtel Kenya broke ground on its US$150 million Nxtra data centre in Tatu City last September, the announcement stood…
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News
Codar Tech Africa Secures $1.5 Million to Expand Tech Talent Pipeline Across the Continent
Codar Tech Africa, one of the continent’s fastest-growing professional tech training companies, has announced the successful close of a $1.5…
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News
Ethio Telecom and Huawei Expand Partnership Around AI and Cloud
Ethio Telecom and Huawei are expanding their long-standing partnership as the state-owned telecommunications operator seeks to accelerate digital transformation for…
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News
Kenya’s Digital Lending Market Grows Again as CBK Licenses 25 More Firms
The Central Bank of Kenya (CBK) has licensed 25 additional Digital Credit Providers (DCPs), raising the number of approved digital…
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News
Why the Future-Ready African Lender Starts With Better Data, Not Better Apps
The question facing Africa’s financial sector is no longer whether lending should be digital. Mobile-first credit, automated loan approvals and…
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Featured
Why Crash Games Are Quietly Reshaping Kenya’s Gaming Economy
I’ve been watching Kenya’s gaming sector for three years now, and I didn’t see this coming. Everyone obsessed over sports…
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News
EBRD Extends €270m Financing to Yas for Kenya, Senegal Network Expansion
The European Bank for Reconstruction and Development (EBRD) is providing a senior loan of up to €270 million to pan-African…
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COLUMNS
Mark Mwaniki | Your Money Shouldn’t Have to Travel via New York to Reach Kampala
The first half of 2026 has made one thing clear: African fintech has entered its consolidation era. The acquisition of…
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Startups
Flutterwave Secures Strategic Investment From Circle Ventures
Flutterwave, Africa’s leading payments technology company, has announced a strategic investment from Circle Ventures, the corporate venture arm of Circle…
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News
Kenya’s Cooperatives Bill Could Redefine How SACCOs Manage Money
The Kenya Cooperatives Bill could reshape how millions of SACCO members access financial services by overhauling the legal framework governing…
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News
Visa, M-PESA and Onafriq Test Stablecoin Payments in DRC
Visa, M-PESA Africa and Onafriq have partnered to pilot stablecoin-enabled cross-border mobile money transactions in the Democratic Republic of the…
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News
Kenya’s NIFC Draws Sh25.8 Billion in New Investments as Tax Reforms Begin to Deliver
Kenya’s ambition to establish Nairobi as a regional financial centre is beginning to produce measurable results. The latest Nairobi International…
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News
Visa Unveils New Smartphone Payment Solutions for SMEs Across Emerging Markets
Visa is expanding its digital payments ecosystem with new capabilities for Visa Accept and Visa Direct, enabling small businesses to…
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News
High Court Strikes Down Parts of Cybercrimes Act
Kenya’s High Court has declared key provisions of the Computer Misuse and Cybercrimes (Amendment) Act, 2025 unconstitutional, in a ruling…
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News
Jerry Soko Named MTN Eswatini CEO After Acting Stint
MTN Group has appointed Jerry Soko as the Chief Executive Officer of MTN Eswatini, effective July 1, 2026, marking another…
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Interviews
ESET’s Allan Juma On The Rising Wave of Cryptocurrency Scams and Cyber Frauds
Cryptocurrency has been pitched as Africa’s path to financial inclusion, but for a growing number of users, it’s become the…
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News
Germany Expands Kenya Partnership Around Digital Growth and Clean Energy
Germany’s Sh7.8 billion commitment to Kenya extends beyond development assistance. The three-year cooperation package brings together digital transformation, renewable energy,…
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COLUMNS
Hiruy Amanuel | The Quiet Shift Happening Inside Africa Venture Capital Ecosystem
Something is changing inside African venture capital, but it is not the kind of change that announces itself loudly. There…
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News
Tala Reorganises Kenya Workforce as Embedded Finance Gains Ground
Digital lender Tala is restructuring its workforce in Kenya as part of a broader global reorganisation that the company says…
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News
Blockchain Captured 5.3% of Africa’s Venture Funding in 2025
Africa’s blockchain industry is consolidating its position as one of the continent’s most resilient venture categories, according to the fifth…
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News
Why Revolut Chose South Africa for Its First African Expansion
In March, British fintech giant Revolut applied for a U.S. national banking charter as part of an ambitious plan to…
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News
African Banks Lean Into Digital Transformation as Margins Tighten
Africa’s banking sector is heading into the second half of 2026 in a state industry analysts describe as cautiously optimistic:…
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News
Why Kenya Keeps Appearing in Africa’s Corporate Expansion Plans
More than Sh400 billion in announced acquisitions by South African firms has focused attention on a question increasingly shaping boardroom…
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News
Why _able Thinks Credit Infrastructure Is Africa’s Next Big Opportunity
For most consumers, financial services begin with a familiar brand. A bank issues the loan. A telecom operator offers the…
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News
Mobile Money Subscriptions in Kenya Hit 53.4 Million
Kenya’s mobile money sector recorded strong growth in the third quarter of the 2025/26 financial year, with subscriptions rising from…
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News
Why Meta Sees Kunal Shah as the Right Leader for WhatsApp’s Next Era
Meta’s decision to back Indian fintech company CRED and elevate founder Kunal Shah to lead WhatsApp says as much about…
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News
Payaza’s Shopaza Targets Africa’s E-Commerce Gap
Payaza has launched Shopaza, a new artificial intelligence-driven e-commerce platform designed to help businesses expand beyond local markets and participate…
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News
15 African AI Startups Graduate from Google for Startups Accelerator, Raise $1.1M Average
Fifteen AI-focused startups from eight African countries have completed the Google for Startups Accelerator Africa programme, with 60% of the…
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News
TRIFIC’s Dollar REIT Heads to the NSE After Drawing Strong Demand
The TRIFIC Green USD I-REIT has attracted more investor demand than its fundraising target, providing one of the clearest indications…
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News
Why Absa Believes More Growth Will Come From Kenya
When Absa Group announced plans to spend Sh30.9 billion to raise its ownership in Absa Bank Kenya from 68.5 percent…
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News
BFSI Week 2026: African Banks Urged to Focus AI on Value, Security
Financial institutions across Africa must focus on business value, cyber resilience and leadership if they are to successfully harness the…
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Featured
How Kenya’s Sports Betting Market Is Reshaping Digital Payment Innovation
I’ve been tracking Kenya’s fintech evolution for seven years. There’s a pattern nobody discusses—sports betting platforms are quietly morphing into…
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News
NTT DATA Expands Salesforce Services as Kenya’s AI Push Gains Pace
NTT DATA has announced the expansion of its Salesforce services across East Africa, aimed at enhancing customer engagement, data management,…
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News
Bharti Airtel Wins Shareholder Backing to Increase Airtel Africa Stake
Bharti Airtel has secured overwhelming shareholder backing for a transaction that will significantly increase its ownership of Airtel Africa, a…
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News
Visa Partners with BAKE Awards to Boost Financial Access for Kenya’s Content Creators
Visa has announced a strategic partnership with the Bloggers Association of Kenya (BAKE) for the 10th annual BAKE Awards, positioning…
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COLUMNS
Zachary Ochieng | The Next Frontier of UAE-Kenya Ties Isn’t Oil or Roads, It’s Algorithms
The recently concluded AI Everything Kenya x GITEX Kenya convened over 15,000 delegates in Nairobi, affirming that what Kenya and…
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News
24,000 Applications Later, Africa’s Business Heroes Reveals Its Top 100
Africa’s Business Heroes (ABH), the flagship philanthropic programme of the Jack Ma Foundation and Alibaba Philanthropy, has announced its 2026…
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News
African Startup Funding Remains Concentrated as Four Deals Account for Most of May 2026 Capital
The shape of African startup funding is becoming easier to identify than the monthly totals themselves. May 2026 produced 37…
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News
The CMA Sandbox May Become One of the First Stops on the Road to VASP Licensing
The Capital Markets Authority’s innovation sandbox is emerging as a key part of Kenya’s conversation on virtual asset regulation, with…
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News
Kenya Secures New EU Support for Digital Infrastructure and Regional Connectivity
Kenya’s latest agreements with the European Union place digital infrastructure, data governance and services trade at the centre of the…
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News
Africa’s Trade Ambitions Are Running Into a Payments and Logistics Reality
The promise of the African Continental Free Trade Area has often been measured through projections: larger markets, stronger manufacturing output,…
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News
Egypt’s Blnk Raises $37m to Deepen Point of Sale Credit for Consumers
Egyptian fintech Blnk has closed a combined $37.1 million in funding, comprising a $12.5 million Series A equity round and $24.6…
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BUSINESS
Kenya Overtakes Nigeria in FT’s Africa Fastest-Growing Companies Ranking
Kenya has edged past Nigeria in the Financial Times’ 2026 ranking of Africa’s fastest-growing companies, placing 17 firms on the…
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News
MWC26 Kigali Postponed as GSMA Pulls Event From June Calendar
The GSMA has postponed MWC26 Kigali, its annual African technology and connectivity conference, less than two weeks before the event…
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COLUMNS
Solomon Karanja Meru | Startups Do Not Collapse Overnight; They Accumulate Legal Debt
Kenya’s startup ecosystem has matured significantly over the past decade. Founders are building products faster, attracting regional and international capital…
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News
Bitnob Unveils Its Infrastructure Platform, Introducing Bitnob Enterprise and the Next Generation of Bitnob Business
Bitnob today announced the next evolution of its infrastructure platform with the launch of Bitnob Enterprise, a new non-custodial infrastructure…
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News
AFC Turns to Kenya as East Africa’s Financing Model Starts to Change
The Africa Finance Corporation is widening its role in Kenya beyond infrastructure lending as it builds new channels for African…
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News
Governments Are Turning Africa’s Mobile Money Networks Into Tax Infrastructure
The next test for African fintech may not come from competition or funding conditions. It may come from treasury departments.…
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News
Kenya Seeks More Funds as FATF Scrutiny Raises Banking Pressure
Foreign payment checks facing Kenyan firms are becoming harder to ignore. Banks handling international settlements have tightened internal reviews on…
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News
Africa’s Data Centres Are Growing Around Finance Demand
Africa’s data centre expansion is increasingly being pulled into the orbit of financial services, with banks, insurers and mobile money…
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News
M-Pesa Tanzania Adds PayPal as Demand for Global Payments Grows
A growing share of East Africa’s digital economy now depends on workers who are paid outside their home markets but…
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News
Smartcomply Expands UK Footprint Amid Rising Africa Payment Compliance Challenges
Smartcomply is taking its Africa-focused compliance technology to the United Kingdom, targeting the growing compliance burden on institutions processing transactions…
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News
My OneApp Now Supports Roaming and Rival Networks as Safaricom Widens Access
Safaricom has widened access to My OneApp by allowing customers to use the platform across rival mobile networks, Wi-Fi connections…
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News
Kenya’s Mobile Money Tax Plan Puts Digital Payment Growth Under Pressure
Kenya’s plan to impose new taxes on digital payment services is triggering concern across the banking and business sectors, with…
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News
Sorted Raises $4.4M Seed Round to Bring Stablecoin Wallets to Feature Phones Across Africa
Stablecoin wallet startup Sorted has closed a $4.4 million seed round to accelerate its expansion across Sub-Saharan Africa and South…
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