Search Results for: fintech
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News
PayPal Brings Its Dollar-Backed Stablecoin to 70 Markets, Including Africa
PayPal has announced the rollout of its dollar-backed stablecoin, PayPal USD (PYUSD), to users across 70 markets worldwide, including markets…
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News
Pesalink Transfers Get Cheaper as Banks Chase Everyday Usage
Sending money from one bank to another in Kenya is becoming significantly cheaper after a group of lenders agreed to…
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News
MTN CEO Says Africa’s Digital Payments Push Is Starting to Stretch Across Borders
Africa’s long expansion in mobile money services is creating the foundation for a broader digital finance system, according to Ralph…
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Featured
How Kenya’s Betting Industry Became a Testing Ground for Africa’s Digital Finance Future
I’ve been following Kenya’s tech landscape for three years now, and betting platforms have become one of the most fascinating…
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Apps
Why Mobile Betting Apps Are Changing How Kenyans Place Wagers in 2026
I’ve been tracking Kenya’s betting scene for 18 months, and the speed of change has caught me off guard. Mobile…
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News
AFC Is Putting $100 Million Behind Africa’s Growing Tech Fund Market
A new pool of institutional money is being directed toward African technology investors after Africa Finance Corporation approved a commitment…
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News
Visa Launches White Paper on Privacy and Security Challenges Facing Women-Led SMBs
Visa has announced the launch of a new white paper titled Privacy and Security for Women-Led SMBs in Digital Financial…
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News
Kenya’s High Court Has Slowed Vodacom’s Push for Safaricom
Kenya’s High Court has temporarily halted the government’s planned sale of a 15 percent stake in Safaricom to Vodacom Group,…
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News
Safaricom Hosts Spark Accelerator Demo Day To Support Innovation and Technology
Safaricom has hosted the Spark Accelerator Program Demo Day, with nine startups pitching their businesses to leading investors and venture…
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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
African Merchant Payments Are Starting to Pull Stablecoins Into Everyday Settlement
African fintech companies spent the last decade solving consumer payments. The next challenge is operational. Merchants now face a growing…
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News
African Businesses Using Stablecoins for Settlement Are Running Into Compliance Demands
African fintech executives used a breakout session at the Kenya Blockchain & Crypto Conference 2026 to describe how businesses are…
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News
Kenya Wants a Bigger Role in Stablecoins. Regulators May Decide How Far It Goes
Kenya’s next fintech contest is no longer about mobile money adoption. It is about whether the country can build enough…
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News
Stablecoins Are Starting to Fix the Part of African Payments Most Users Never See
Settlement delays, foreign exchange bottlenecks and the rising cost of moving money across borders dominated discussions at the Kenya Blockchain…
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News
Kenya’s New VAT Push Could Reshape the Cost of M-Pesa Transfers
The Treasury has proposed a new 16 percent VAT charge on companies that facilitate digital payments in Kenya, opening the…
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News
Africa’s AI Ambitions Are Starting to Look Like an Infrastructure Strategy
African governments are beginning to frame artificial intelligence, connectivity and digital infrastructure less as isolated technology sectors and more as…
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News
Africa Tech Summit London Picks 13 Ventures for Its 10th Edition Investor Showcase
Africa Tech Summit London has unveiled 13 African and Africa-focused technology ventures selected to pitch at the London Stock Exchange…
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News
Critical Cybersecurity Skills Gaps Threatening Africa’s Digital Growth
With the rapid expansion of Africa’s technology sector, particularly in digital payments, fintech, government digital services and startups, cybersecurity threats…
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News
Kenya Is Turning Tech Summits Into Investment Infrastructure
Nairobi’s growing role in African technology is no longer being defined only by startup growth or mobile money adoption. It…
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News
CMA Cautions Investors Against Unlicensed Forex and Crypto Operations
Kenya’s capital markets regulator has warned the public against placing money in unlicensed online investment schemes as authorities respond to…
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News
South Africa’s Crypto Market Keeps Growing as Millions Turn to Digital Assets
South Africa’s cryptocurrency market continued to expand in early 2025, with 7.8 million people using digital asset platforms during the…
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News
Airtel Africa Sees Profit Surge While Mobile Money Listing Plans Return to Focus
Airtel Africa ended its latest financial year with revenue rising 29.5% to $6.42 billion, as higher data consumption, expanding mobile…
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News
Court Awards Innovator Sh1.4bn in Safaricom M-Pesa Dispute
A High Court decision has exposed Safaricom to a multibillion-shilling payout after the company lost a copyright case tied to…
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News
Visa Expands Footprint with New Ethiopia Office
Visa, a global digital payments leader, has officially opened a new office in Addis Ababa. While the company has maintained…
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News
Why Safaricom’s Tech Company Transition Feels Bigger This Year
For years, telecom companies measured themselves through coverage maps, call minutes and subscriber growth. Increasingly, the language coming from large…
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News
Kenya’s Planned Microsoft-G42 Facility Faces Delays Over Grid Capacity
Kenya has suspended plans for a proposed $1 billion data centre backed by Microsoft and Abu Dhabi-based G42 after officials…
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TRENDING
Why Kenya’s Startup Money Is Not Producing Stability
Kenya’s startup sector is attracting large amounts of private capital at the same time that venture-backed companies are shutting down,…
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News
Connected Africa Summit 2026 Opens In Nairobi To Accelerate Africa’s Journey Toward An Inclusive Digital Market
The Connected Africa Summit 2026 officially opened today in Nairobi, bringing together government leaders, policymakers, regulators, ambassadors, development partners, investors,…
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News
Africa Tech Summit London Returns to London Stock Exchange on May 29
Africa Tech Summit London, the leading African tech conference in Europe, returns to the London Stock Exchange on May 29,…
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News
Cross Switch Appoints Gillian Koinange as Head of Business Development, East Africa
Payments technology company Cross Switch has announced the appointment of Gillian Koinange as Head of Business Development, East Africa. The company…
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News
Kenya Blockchain and Crypto Conference 2026 Set for May
Fintech leaders, banking executives, telecom operators, regulators, and blockchain players will converge in Nairobi for the 4th edition of the…
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News
African Innovators Take Centre Stage at MIT’s Global Entrepreneurship Conference
A high-profile delegation of African policymakers, entrepreneurs, investors, and technology leaders joined more than 450 global participants this week at…
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News
Africa’s Digital Leaders to Convene in Nairobi for Connected Africa Summit 2026
Africa’s top policymakers, technology executives, and innovators will gather in Nairobi later this month for the Connected Africa Summit 2026,…
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News
ADG Wins Second Google Cloud Partner of the Year for Africa Award
Accelera Digital Group (ADG) has been named the 2026 Google Cloud Partner of the Year for Sub-Saharan Africa, marking its…
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Startups
Four Kenyan Startups Land Spots in Google Accelerator Africa Cohort
Kenya’s innovation ecosystem has earned global recognition after four local startups- Comana, Duck, ReportsAI, and VunaPay were selected for the…
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News
Digital Loan Limits Under Scrutiny as Kenya Eyes New Lending Rules
Lenders in Kenya could soon be barred from raising a customer’s credit limit without first reviewing their current financial position,…
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News
The 2026 Woman of Stature Awards Spotlight Women in Technology
The Woman in Technology category at the 2026 Woman of Stature Awards South Africa took center stage, recognizing women who…
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News
Verto Opens USD Accounts as US-Africa Firms Face Banking Strain
Global fintech Verto has introduced US dollar-denominated business accounts aimed at companies operating between the United States and African markets,…
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News
Africa’s Next Billion-Dollar Industry Isn’t AI, It’s Compliance
The loudest word at African tech conferences used to be growth. This year, it sounded more like proof. The conversation…
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TRENDING
Five New Directors Join MTN, Set Against Another Year at the Top of Brand Rankings
MTN Group has appointed five new non-executive directors as part of its latest governance overhaul, marking a new phase in…
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News
Daraja 3.0, Agentic AI, and 5G Gaming: What Safaricom’s Decode 4.0 Means for Kenyan Developers
Twenty-five years ago, Safaricom launched as a telecommunications company. Today, it is something considerably more difficult to define: part infrastructure…
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News
LOOP Rolls Out Easter Deals Spanning Samsung’s Latest Flagship, Dining, and Live Events
LOOP, the fintech arm of NCBA Group, has launched a package of Easter season offers for its customers, ranging from…
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News
At Decode 4.0, Safaricom Moves Its Center of Gravity Toward AI and Retools M-Pesa to Match
Safaricom Group Chief Technology Officer James Maitai officially opened Safaricom Decode 4.0 , declaring this the “Year of AI” for…
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TRENDING
Kenya’s Digital Ambition Takes Centre Stage as Decode 4.0 Summit Kicks Off in Nairobi
Kenya’s push to cement its position as a regional technology powerhouse gathered momentum today with the opening of the three-day…
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BUSINESS
Gopal Vittal Set to Take Airtel Africa Chair as Sunil Mittal Steps Down
Airtel Africa PLC has announced that its founding chair, Sunil Bharti Mittal, will retire from the board in July 2026.…
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News
Credit Bank Cuts Tender Delays with Five-Minute Online Bid Bonds
Credit Bank has launched a digital platform that reduces the time required for businesses to secure Credit Bank online bid…
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Startups
Moniepoint Acquires a Controlling Stake in Kenya’s Sumac Microfinance Bank
Nigeria’s fintech Moniepoint has completed its acquisition of a 78% stake in Sumac Microfinance Bank, establishing a regulated entry into…
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TRENDING
Safaricom’s Decode 4.0 “Made of Kenya Edition” Kicks Off March 31
Safaricom’s annual engineering summit, Decode 4.0, kicks off next week. Tagged the “Made of Kenya Edition,” the summit opens its…
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COLUMNS
Prashant Byndoor | Why Kenya’s Payments Systems Are Under Pressure in 2026
Rising transaction volumes, tighter regulation and growing competition are placing new demands on banks and cooperative lenders across Kenya and…
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News
Breaking the Silos: The Next Frontier of Kenya’s Digital Payment Ecosystem
On paper, Kenya looks settled. Financial inclusion sits at about 94%. Accounts are everywhere. Wallets, bank logins, agent networks, all…
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News
Banks, Telcos and the Real Work of Financial Inclusion
In Kenya, the interface tends to get the attention. A payment goes through in seconds. A loan arrives before the…
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News
Pesalink Signals a New Phase for Kenya’s Digital Payments System
Kenya’s payments story has long been told through a single number: more than 90% of adults are financially included. It…
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News
Cellulant Appoints Darren Makarem as CFO to Drive African Payments Expansion
African payments technology company Cellulant has named Darren Makarem as its new Chief Financial Officer (CFO), bolstering its executive bench…
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News
PalmPay’s Purple Woman Program Tackles Nigeria’s Tech Gender Gap
Nigeria’s digital economy is growing at a striking pace; fintech alone recorded 70% growth in a single year, but women…
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News
Kenya’s Electric Motorbike Surge Is Starting to Run Through Bolt
Spend a few minutes at a busy junction in Nairobi and it does not take long for the motorcycle economy…
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News
M-Pesa Tanzania Launches Africa’s First Mobile Money Tap-to-Pay Feature
M-Pesa users in Tanzania can now pay by simply tapping their Android phones at Visa-enabled terminals, no physical card required.…
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News
Hustler Fund Data Is Building a Nationwide Credit Map and Banks Like KCB Are Already Using It
Kenya’s most political lending program is turning into something else entirely. The Hustler Fund was built as a retail credit…
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News
IFC Places $25M Bet on Lightrock’s Africa Fund in Nairobi
The decision by the International Finance Corporation to anchor a $200 million investment fund managed from Nairobi reads like a…
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News
Nairobi’s Long Bet on Becoming a Financial Hub Begins to Attract Actual Capital
For most of its short life, the Nairobi International Financial Centre existed more on paper than in practice. The project…
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News
Orange Builds Its Africa Strategy Around the Max It Super App
Telecom operators once measured success in towers, spectrum licences and subscriber counts. Increasingly, the fight sits elsewhere. It sits inside…
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TRENDING
MTN Passes 300 Million Subscribers as Africa’s Data Appetite Grows
The headline number looks simple enough. MTN now counts 307 million voice subscribers across its markets. Profit has returned. Data…
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TRENDING
Telecom AI Meets Mobile Money in Safaricom–Indosat Deal
The Safaricom–Indosat partnership brings together two operators that arrived at the digital economy from different directions. Indosat Ooredoo Hutchison (IOH)…
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News
WhatsApp Banking Begins Taking Shape Across Southern Africa
For many people across Southern Africa, financial life already runs through a phone screen. Messages arrive. Payments get discussed. Remittances…
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News
MTN Zambia Connects a Smartphone to Starlink Satellites in a First Field Test
The MTN Zambia Starlink Direct to Cell partnership integrates terrestrial mobile spectrum with a low Earth orbit satellite network to…
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News
Kenya’s Communications Authority Takes a Closer Look at the Airtel–Starlink Direct-to-Cell Plan
The Airtel–Starlink direct-to-cell partnership is under review by the Communications Authority of Kenya as regulators assess whether satellite signals could…
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BUSINESS
M-Pesa at 19: How Kenya’s Mobile Money Pioneer Reshaped Payments and Everyday Finance
M-Pesa at 19 years after its launch shows how a simple mobile money transfer tool evolved into the core infrastructure…
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TRENDING
How M-PESA Optimization is Localizing Liquidity for Kenyan Traders
For years, participating in the global forex market meant playing by the rules of the US dollar and the SWIFT…
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News
Kenya’s KES 30 Billion Cybercrime Crisis and the Road Ahead
Cybercrime is no longer just an IT problem; it has evolved into a national crisis. Rapidly expanding across Kenya, it…
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News
Yango and Flutterwave Partner to Drive Cashless Payments in Zambia
Global tech firm Yango Group has announced a strategic partnership between its service platform, Yango, and Africa’s leading payment provider,…
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BUSINESS
Pesalink–PAPSS Link Targets Africa’s Payment Bottleneck
Cross-border payments in Africa still move with the drag of another era. A trader in Nairobi wiring money to Lagos…
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News
Kenya’s Digital Lending Boom Runs Into a Harder Regulatory Edge
The conversation around Kenya’s digital credit regulation has been building for years, but the tone inside government has changed. What…
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News
Kenya Names Naphtaly Rono as FRC Director-General Amid FATF Scrutiny
Kenya has a new figure overseeing the country’s financial intelligence system, and the timing is awkward. Nairobi is still under…
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News
A New Global Index Places Kenya Near the Top of Africa’s Innovation Economy, Though the Foundations Still Look Uneven
A new ranking has placed Kenya among the most innovation-ready economies on the continent, trailing only South Africa. On paper,…
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BUSINESS
With Airtel Uganda’s Dividend Rise Matching Profit Growth, the Region’s Telecom Income Trade Gets Firmer
The Airtel Uganda dividend rise is not a marginal adjustment. The company has lifted its total payout to Sh0.41 per…
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Startups
Venture Money Built Fairmoney, Deposits Now Demand Something More Concrete
Nigeria’s digital loan boom was built on urgency. School fees due. Rent overdue. A trader short on stock before the…
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TRENDING
Mobile Money, Trade Flows and the Scramble to Measure Kenya’s Economy Faster
There is always a lag in official truth. In Kenya’s case, it runs at least 3 months long. Quarterly GDP…
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News
Nigeria’s USSD Truce Closes One Chapter and Opens Another for Millions Without Smartphones
Nigeria’s USSD dispute is over, at least on paper. After 5 years of wrangling, commercial banks have cleared nearly ₦300bn…
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News
Konza Technopolis Adds ACTS Research Hub as Kenya’s Science City Enters a More Demanding Phase
When the African Centre for Technology Studies broke ground on a 2.1-acre parcel inside Konza Technopolis on Friday, the ceremony…
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News
Absa’s Retail Push in Kenya Carries More Risk Than It Admits
When Absa Group cut formal ties with Barclays in 2017, it inherited more than a brand problem. It inherited a…
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News
Nairobi Hosts the Connected Africa Summit 2026 as Governments Wrestle With Data Borders and Digital Trust
In late April, the Connected Africa Summit will convene in Nairobi with an ambition that sounds straightforward and proves anything…
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News
How Rack Hospitality Is Pulling Kenyan Restaurants Into Pesapal’s Orbit
Rack Hospitality is being introduced as restaurant software. In practice, it is infrastructure. Built by Drift Consult and embedded with…
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News
African Startup Funding in 2025 Hit $3.9B as Local Investors Take Control
African startup funding reached $3.9 billion across more than 500 deals in 2025. On its face, that figure restores a…
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News
Meliora Launches Tiara Connect as it Marks 10 Years of Software Innovation
Meliora Technologies has unveiled Tiara Connect, an all-in-one customer communication platform designed to help organisations manage business-to-customer engagement across multiple…
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CYBER SECURITY
Smartcomply Enters Kenyan Market with High-Level Cybersecurity Forum in Nairobi
Smartcomply, an African-built digital trust and cybersecurity technology company, will host The Secure Horizon Executive Breakfast on 26 February 2026…
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Startups
HAVAÍC’s US$50 Million African Innovation Fund 3 Achieves Third Close
Cape Town-headquartered venture capital (VC) firm HAVAÍC has announced the third close of its US$50 million African Innovation Fund 3…
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News
Identy.io Scales African Operations to Bridge the Digital Identity Gap
Digital identity infrastructure provider Identy.io has announced an expansion of its African operations, positioning itself to address one of the…
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TRENDING
Africa Built Digital Payments. Crossing Borders Still Feels Hard
The conversation around African payments often begins with ambition. Integration, digital finance, continental trade. Yet the practical experience remains stubbornly…
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News
Fragmented Regulation Keeps African Money Moving Slowly
The conversation around intra-African trade often begins with scale. A continent of more than 50 countries, a combined market measured…
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News
Africa’s Climate Builders Confront the Limits of Pilot Funding
The conversation around climate tech in Africa has grown more grounded. Not less ambitious, but more honest about friction. At…
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News
Africa Tech Summit Investment Showcase and the End of Easy Capital
Last evening, the Moniepoint Stage at Africa Tech Summit moved from polite introductions to something closer to a stress test.…
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News
Delta40 Raises $20 Million and Bets That Hands-On Capital Wins This Time
Venture capital conversations around African startups has for years leaned on expansion stories. Larger rounds, faster growth, new capital entering…
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News
Sitoyo Lopokoiyit Steps Into Absa at a Decisive Moment for Retail Banking
When Sitoyo Lopokoiyit takes charge of Absa’s private and personal banking unit on April 1, 2026, he will be stepping…
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News
Agridex Partnership Signals Shift in How Trade Finance Reaches African SMEs
Agridex International has announced its partnership with Tradeflow Capital Management to focus on improving how Capital moves into agricultural and…
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News
Cross Border Income Grows Across Africa as Banking Struggles to Keep PaceBanking Reality
By mid-afternoon at the Moniepoint Stage in Nairobi, the room had settled into a familiar rhythm. Founders talking infrastructure, investors…
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News
Cross Border Payments Remain Africa’s Most Persistent Infrastructure Problem
The conversation around African fintech often begins with access and scale. Fincra CEO Wole Ayodele approached it from a different…
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News
The Exit of Sitoyo Lopokoiyit Comes as M-PESA Faces Bigger Questions Than Growth
Sitoyo Lopokoiyit’s decision to leave Safaricom at the end of next month closes a chapter that coincides with an unsettled…
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News
Kenyan Creatives Step Forward at Cannes Young Lions as the Industry Searches for Stability
As the Cannes Young Lions Kenya competition that concluded this weekend, attention naturally turned to who would go on to…
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News
Eveready Walks Away From Batteries and Into Kenya’s Energy Gamble
Eveready’s place in Kenyan life was uncomplicated for decades. The brand lived in drawers and kiosks, tied to torches, radios,…
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BUSINESS
How Global Trading Platforms are Expanding their Presence in Kenya
Kenya is rapidly evolving from a primarily agrarian and services economy into one of Africa’s most dynamic digital and financial…
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News
MTN’s Ambition in East Africa Meets Realities Money Can’t Smooth Over
In late 2025 and early 2026, comments from Ralph Mupita, the chief executive of MTN Group, set a subtle but…
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CLOUD
Data Sovereignty is Africa’s Next Great Infrastructure Frontier
For years, a digital paradox has quietly slowed Africa’s economic engines. An email sent between two offices in Nairobi or…
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