Search Results for: fintech
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Social Media
Kenyan Creators Earn Over KSh 47 Million as TikTok for Business Turns One
One year after TikTok for Business officially launched in Kenya, the platform has revealed that over 200 Kenyan creators have…
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News
NCBA Sets Regional Record as First Bank to Achieve ISO Data Privacy Certification
NCBA Bank has set a new benchmark for data security in East and Central Africa, becoming the first lender in…
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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
Konza’s Digital Ambition Has Reached the Point Where Treasury Steps Back
The plan to expand the Konza Data Centre has moved forward through Treasury’s PPP process with little public attention, shaped…
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News
Backbase Report Reveals Mobile Now Drives 75% of African Banking Traffic
Backbase, a leader in AI-powered banking, in partnership with African Banker Magazine, has published the fourth edition of the Africa…
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CLOUD
Choosing a Data Centre Provider in East Africa: A Practical Guide for 2026
Governments and the private sector in East Africa alike are investing heavily in connectivity, cloud services, e-commerce, fintech and digital…
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CLOUD
Demos Kyriacou | Why Tier III Data Centres Are the Real Play for East Africa
East Africa’s digital economy is expanding at a rapid pace, driven by rising internet penetration, widespread mobile connectivity, and growing…
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TechTrends Podcast
The TechTrends Podcast x Africa Tech Summit | How Fincra Is Rebuilding African Payments
Africa’s fintech story is often told through flashy consumer apps, billion-dollar valuations, and rapid user growth. But beneath all of…
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TRENDING
Flutterwave Partners with Turnkey and Nuvion to Deploy Stablecoin Infrastructure
Flutterwave has announced the launch of stablecoin balances for its merchants and users. This strategic move, achieved through a collaboration…
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News
Paymentology Appoints Kesheni Moodley as Regional Director for Africa
Paymentology, the world’s leading global issuer-processor, has announced the appointment of Kesheni Moodley as its new Regional Director for Africa.…
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COLUMNS
Mark Mwaniki | Why 2026 Could Be a Breakout Year for Digital Trade in East Africa
For more than a decade, East Africa has been viewed as a region of unrealised potential, a future hub for…
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Startups
Chipper Cash Hits First Cash-Flow Positive Quarter
Chipper Cash, one of Africa’s leading cross-border payment platforms, has officially reached a historic financial turning point. CEO and Co-Founder…
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News
Motorcycles Came Back Quietly in 2025 and Watu Was Already Financing the Turn
Local asset fintech firm Watu has confirmed a significant recovery in motorcycle sales in 2025, reinforcing findings from the Kenya…
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TRENDING
Paystack Marks 10th Anniversary with Shift to Holding Company and Group Profitability
Paystack, the fintech giant that has become the backbone of digital commerce in Africa, has announced a major structural evolution…
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News
Network International Digital Payments Partnership Targets Sudan’s Banking Infrastructure
Network International, a leading fintech company operating across the Middle East and Africa, has signed a strategic processing agreement with…
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BUSINESS
Capital.com Secures CMA License to Operate as Online Forex Broker in Kenya
Global fintech group, Capital.com, has been granted a license by the Capital Markets Authority (CMA) of Kenya to operate as…
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News
Paystack Enters Nigeria’s Banking Sector with Acquisition of Ladder Microfinance Bank
Paystack, the Stripe-owned fintech leader, has officially entered Nigeria’s banking sector through the acquisition of Ladder Microfinance Bank. Announced on…
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Startups
Flutterwave Strengthens Open Banking Push with Acquisition of Mono
Flutterwave, Africa’s leading payments technology company, has officially announced the acquisition of Mono, a pioneer in open banking infrastructure. The…
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TRENDING
TechTrends Media Launches Magazine Dedicated to Africa’s Innovation
TechTrends Media, a leading digital media and technology news platform in East Africa, has announced the launch of The TechTrends…
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Featured
Crash Games, Aviator and the Evolution of Casino Jackpots in Kenya
What happens when you combine Kenya’s world-leading fintech infrastructure with cutting-edge gaming technology? You get an explosion of crash games,…
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TRENDING
How Airtel Money is evolving to meet the daily financial needs of Kenyans
As of late 2025, Airtel Money has transitioned from being just a backup option to a formidable financial partner for…
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CLOUD
Erkan Satik | Accelerated entry: How East Africa leapfrogged into the cloud age
East Africa has quickly become one of the most dynamic regions for cloud computing. By 2025, around 70–77% of enterprises…
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TRENDING
LINX Accra goes live in new Digital Realty ACR2 data centre
The London Internet Exchange (LINX) has officially activated its interconnection hub within the newly launched Digital Realty ACR2 data centre,…
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News
Kenya’s tech leap 2025: AI, diplomacy and infrastructure transforming the industry
There is a good reason Kenya is recognised as the Silicon Savannah of Africa. It’s a befitting nickname for a…
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News
As Airtel Money pushes into double digits, the comfort that surrounded M-PESA starts to thin
The latest sector statistics from the Communication Authority of Kenya now show that Airtel Money has climbed to 10.3% marking…
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News
Kenya’s 149% mobile penetration and the competitive frontier behind it
Kenya’s mobile penetration has reached a striking 149 per cent, with SIM registrations climbing past 78 million by the end…
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News
LOOP Partners with bolttech for Device Financing, Launches Shopping Festival with 20% Cashback
LOOP, the Fintech subsidiary of NCBA Group, has launched a new device financing solution in partnership with global insurtech leader…
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News
Airtel Money, Juba Express Unveil Offline Global Remittance Service
In a significant move to bridge the financial divide, Airtel Money Uganda has partnered with fintech firm Juba Express to…
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CLOUD
AWS launches Agentic AI tools as Kenyan firms brace for autonomous shift in 2026
Amazon Web Services (AWS) has signaled a major evolution in enterprise technology, unveiling a suite of Agentic AI tools at…
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News
Mauritian Startup Black Swan Wins the MEST Africa Challenge 2025
Black Swan, a Mauritius-based FinTech startup, has emerged as the winner of the MEST Africa Challenge (MAC) 2025. The announcement…
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TRENDING
Bolt Becomes Nairobi’s Largest EV Ride-Hailing Platform as Electric Fleet Hits 40%
Bolt has officially become the largest operator of electric motorbikes in Kenya’s ride-hailing sector, announcing today that over 40% of…
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News
Safaricom Targets 10,000 M-PESA TPS with Cloud-Native Daraja 3.0 Overhaul
Safaricom has set a bold new target to process 10,000 M-PESA transactions every single second by January 2026 to future-proof…
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News
M-KOPA’s Loan Book in Kenya Surpasses KES 207 Billion
Fintech firm M-KOPA has revealed the substantial scale of its credit operations in Kenya, with its loan book unlocking over…
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Startups
Paystack Terminates Co-Founder Ezra Olubi Amid Sexual Misconduct Allegations
Ezra Olubi, the Co-Founder and former Chief Technology Officer of Nigerian fintech giant Paystack, has confirmed his termination from the…
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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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TRENDING
M-PESA’s Core Upgrade and the Architecture of Safaricom’s Next Phase
Safaricom has entered a period defined by engineering decisions rather than spectacle. The upgraded M-PESA platform sits at the centre…
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News
As Telcos Brace for DNA and Biometric Demands, Kenya Confronts the Real Cost of Expanding Digital Identity
Kenya’s proposal to fold DNA analysis, blood type, and detailed physiological markers into routine SIM registration has unsettled a sector…
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BUSINESS
In Kenya’s Bid to Split M-Pesa, Vodacom Confronts the Limits of Its Reach
Vodacom Group has ruled out separating M-Pesa from Safaricom, defying pressure from Kenya’s central bank and a growing chorus of…
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COLUMNS
Apollo Eric | How Blockchain, AI and Tokenization are Redefining the Future of Finance
Over the past few years, we have watched blockchain evolve from a fringe technology into a critical enabler of financial…
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News
Safaricom Cybersecurity Summit: Telco Calls for Fundamental Shift to Cyber Resilience
Kenya’s cybersecurity strategy must fundamentally evolve from a focus on prevention to one of active “cyber resilience,” Safaricom’s Chief Corporate…
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News
Airtel Money Moves Its Core to the Cloud as Africa’s Digital Finance Race Enters a New Phase
Airtel Africa has begun deploying a new cloud-native mobile money platform built by Comviva, marking a major step in its…
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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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News
Beneath the Waves, a New Race for Africa’s Internet Future
The shore outside Mombasa looks ordinary enough — tide-churned, sun-glared, restless with trade wind. But just offshore, beneath the surface,…
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TRENDING
Huawei Cloud Named Carrier Hybrid Cloud Leader in Sub-Saharan Africa
Huawei Cloud has been named the top ”Carrier Hybrid Cloud Leader” in Sub-Saharan Africa, according to a new white paper…
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TRENDING
Verto Deepens West African Presence with New Lagos Hub
Global B2B payments platform Verto has launched a new strategic office in Lagos, deepening its commitment to the Nigerian and…
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News
How Kenya’s Software Engineers Are Changing the Country’s Tech Future
Kenya now ranks sixth in Africa for software engineering density, with about 1,095 developers per million people. On the surface,…
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BUSINESS
Safaricom Ethiopia Revenue Jumps 136%, but M-PESA Stalls
Safaricom Ethiopia has reported explosive 136% growth in its service revenue, which surged to KES 6.2 billion for the six…
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News
How a Tax Tribunal Just Reshaped Kenya’s Digital Money Rail
Kenya’s payments infrastructure has always worked behind the scenes — a lattice of connections between banks, card networks, and mobile…
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News
ABSA Turns To Huawei For Private Cloud In African Banking Overhaul
When Absa decided to build a private cloud platform with Huawei, it wasn’t just a technology project. It was a…
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News
Medusa Cable Reaches Tunisia, Marking First African Landing in Major Europe-Africa Network
The Medusa submarine cable has reached African shores for the first time, landing in the Tunisian port city of Bizerte…
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TRENDING
The TechTrends Podcast | The State of Startup Funding in Africa in 2025 ft Andrew Fassnidge
Is Africa’s startup funding winter finally over? That’s the question we explored in a recent conversation with Andrew Fassnidge, Founder…
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News
How Kenya’s Internet Advertising Growth Became the Fastest in the World and What Comes Next
When PwC’s Africa Entertainment and Media Outlook landed this year, one figure stood out: Kenya’s internet advertising market is on…
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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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TRENDING
Nigeria Finally Gets Its First MVNO, but the Real Question Is Whether the Market Will Let It Breathe
It took more than three years for Nigeria’s first MVNO to move from policy to reality. The regulator cleared the…
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News
Nvidia’s Investment in Cassava Hints at the Real Battle Ahead – Ownership of Africa’s Generative AI Economy
When Nvidia took a stake in Cassava Technologies this week, it wasn’t just another investment headline. It landed in a…
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News
Kenya’s Sovereign Wealth Fund Marks a Digital Era Turning Point in Economic Governance
In 2025, as Kenya prepares to launch its first sovereign wealth fund, the idea of saving resource revenues is finally…
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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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BUSINESS
Airtel Money Nears 50M Users in Africa
Airtel Africa plc has announced exceptional results for the half-year ending September 30, 2025, revealing strong growth across its business,…
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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
GlideX: Driving Kenya’s Next Leap in Car Rentals
Nairobi’s rental scene has long relied on handshakes, phone calls, and faith. GlideX enters that landscape with a more grounded…
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Startups
Three Kenyan Startups Among 20 Semi-Finalists in MEST Africa Challenge 2025
Three Kenyan startups, Logistify AI, Farmsky Ventures, and Investa Farm, have been named among the 20 semi-finalists in the MEST Africa…
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News
LOOP Unveils LOOP FLEX Buy Now, Pay Later Solution
Fintech platform, LOOP, has launched LOOP Flex, a new Buy Now, Pay Later(BNPL) credit facility, which gives customers more flexibility…
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COLUMNS
Edgar Kitur | How Food Delivery is Powering Inclusion and Enterprise in Kenya This World Food Day
Food connects us, through culture, community, and increasingly through economic opportunity. World Food Day 2025 is calling for global collaboration…
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News
MTN MoMo’s Expansion Tests the Limits of Africa’s Mobile Money Map
MTN’s mobile money operation has shifted from a domestic add-on to a continental engine. Its footprint now links markets where…
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News
Kenyan All-Women Team to Compete at Absa-GirlCode Tech Finals
Four young Kenyan women are set to represent the country at the continental finals of the Absa Bank Kenya–GirlCode Women-in-Tech…
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News
Network International and Magnati Complete Merger
Fintech firm Network International and Magnati, a leading payment solution provider in the UAE, have announced the completion of their…
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News
Nairobi to Host Africa’s Premier Summit on Unlocking Impact Capital
The African Venture Philanthropy Alliance (AVPA) has confirmed that Nairobi, Kenya, will be the host city for the 2025 AVPA…
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News
Paga Enters the U.S. to Build the First Real Banking Platform for African Migrants
Most fintechs entering the United States start by promising convenience. Paga is staking its entry on something deeper: familiarity. After…
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News
Africa Raises the Stakes in the AI Power Race as Botswana and Nigeria Build Green Data Fortresses for Hyperscalers
The competition to host Africa’s next wave of digital infrastructure is no longer just about fibre networks or cloud licenses.…
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Interviews
[Interview] George Mudhune on Strategy, Growth and Renewable Energy Access in Africa
Africa’s business and energy sectors are entering a period of rapid transformation, where innovation and sustainability must go hand in…
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News
This Pesapal Pezesha Credit Partnership Could Decide Which Ugandan Merchants Grow and Which Stay Stuck
Pesapal could have stayed in its lane. Process transactions, issue receipts, stay invisible. Instead, it has picked a new role:…
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News
Tala’s Global Expansion Strategy Is Spreading Across Six Countries — But Can AI-Priced Debt Really Count as Financial Inclusion?
Most startups that survive long enough begin acting their age — cutting burn, consolidating markets, moving from chaos to caution.…
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News
Digital Convenience vs Ecological Sovereignty: Kenya’s Tourism Sector Faces Its First Platform War
Tourism used to be guided by memory, luck, and handshake logistics. If you made it to Nairobi National Park, it…
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News
CBK’s Fee Cap Gambit: Cheaper Mobile Money for Kenyans, or a Slow Squeeze on M-Pesa’s Golden Engine?
For nearly two decades, M-Pesa has operated like essential infrastructure and untouchable monopoly at the same time — a utility…
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News
Kenya’s 1.4 Million Smartphone Loans Highlight the Rising Influence of Watu Africa
In Nairobi’s crowded streets and rural villages alike, a smartphone is no longer just a communication device. For many Kenyans,…
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News
CBK Digital Fraud Compensation Plan Could Finally Force Telcos and Banks to Refund Scam Victims — Whether They Like It or Not
Kenya’s fintech revolution has long been celebrated for its ingenuity — a country where almost everyone can send money across…
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News
PayPal’s Middle East and Africa Investment: Can Digital Payments Outrun Regulation and Market Fragmentation?
Few regions carry as much digital promise as the Middle East and Africa. Young populations, rising smartphone penetration, and widespread…
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News
Ghana Re-Elected as ANCA Chair for Second Term, Steering Africa’s Cybersecurity Ambitions Into a Defining Phase
In Rabat on 17 September 2025, the 6th meeting of the African Network of Cybersecurity Authorities (ANCA) delivered a signal…
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News
Tunisia’s Digital Transformation: 138 Projects Using AI and Open Data to Rebuild Public Administration
For years, Tunisia has spoken of modernising its bureaucracy, but progress has often been halting. Ministries ran on outdated systems,…
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News
Kenya’s Tourism Payments Go Digital: TouristTap Bridges Mobile Money, Card Networks, and Small Businesses
Tourists navigating Kenya’s safari circuits or local markets may soon leave cash behind. TouristTap, a mobile app from fintech firm…
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News
PayPal to Invest $100 Million in Middle East and Africa to Boost Digital Commerce
PayPal Holdings has announced a $100 million investment aimed at fueling innovation, supporting entrepreneurs, and driving inclusive economic growth across…
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News
M-Kopa Crosses 7 Million Users in Africa, Turning Smartphones Into Gateways for Financial Inclusion
In Nairobi, it’s not unusual to meet someone who bought their first smartphone through M-Kopa. What began as a payment…
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News
Africa’s Next Financial Leap: Why Local-Currency Stablecoins Could Redefine Sovereignty, Remittances, and Digital Payments
Africa’s leap into mobile money was a surprise — and a missed opportunity for many legacy banks. As Safaricom’s M-Pesa…
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News
Kenya’s $1B Olkaria Data Center: Promise, Delay, and the Battle for Africa’s Digital Future
In May 2024, Kenya’s government unveiled a deal with Microsoft and G42, the Abu Dhabi-based AI firm, to build a…
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News
Kenya Moves to Keep Tech Tax Refunds at Home, Forcing Global Platforms to Bank Through Local Accounts
Kenya has drawn a line in the sand for global internet companies. If a foreign digital platform overpays the new…
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Startups
UK-Kenya Tech Hub and ViKtoria Ventures Launch First Corporate VC Report in Kenya
Angel Leads Program, supported by the UK-Kenya Tech Hub and implemented by ViKtoria Ventures, has launched the Corporate Venture Capital…
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News
Samsung and LOOP Partner to Deliver Affordable Device Security and Management for Kenyan Businesses
Kenyan businesses can now access Samsung Knox, a leading platform for endpoint device security and management, thanks to a new…
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News
LOOP System Upgrade Downtime Scheduled for September 24 at 11:59 PM, Services to Resume by 2:00 AM
At 23:59 on Wednesday, 24 September 2025, the LOOP app will go dark. For just over two hours—until 02:00 on…
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News
Britam Launches BetaLab Regional Startup Challenge 2025 for East Africa
Britam’s BetaLab has announced the launch of the Regional Startup Challenge 2025, a new initiative designed to identify and support…
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News
H-1B Visa Fee Hike: How Trump’s $100K Rule Could Reshape U.S. Tech and Global Talent
On September 19, 2025, President Donald Trump signed a proclamation imposing a $100,000 annual fee on H-1B visa applications, marking…
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News
Six African Startups Win $400,000 in 2025 FINCA Ventures Prize Competition
Six African startups have secured a combined $400,000 in funding through the 2025 FINCA Ventures Prize Competition, an initiative that…
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News
Cortex Hub Launches MCP Hackathon Africa 2025 to Embed African Contexts into AI
The Cortex Hub has announced the launch of MCP Hackathon Africa 2025, a continent-wide initiative aimed at embedding African languages,…
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News
Yellow Card Integrates with Fireblocks to Transform Cross-Border Payments in Africa
Yellow Card, one of Africa’s leading fintech firms, has officially joined the Fireblocks Network for Payments, bringing its emerging markets…
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CLOUD
Absa Deepens Partnership with AWS to Accelerate Cloud Migration and Digital Innovation
In a move that signals how seriously African banks are taking digital transformation, Absa Group has deepened its partnership with…
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News
Airtel Money Prepares for IPO in H1 2026 Amid Growing Competition from M-Pesa and MoMo
Airtel Africa is preparing to list its mobile money arm, Airtel Money, in the first half of 2026, a move…
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News
MTN Home Connectivity Strategy Sets Bold Course to Drive African Broadband Growth Through 2030
MTN Group is laying down its markers for the next decade. With its Ambition 2025 plan reaching maturity, the company…
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News
Kenya and Nigeria Confront Digital Lending Risks with Contrasting Rules
Digital lending has exploded across Africa, offering instant credit through mobile phones to households, students, and small businesses. But the…
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News
Huawei Cloud Accelerates Kenya’s Digital Transformation with Techwave Kenya Day
Huawei Cloud has reiterated its commitment to advancing Kenya’s digital transformation by hosting Huawei Cloud Techwave Kenya Day in Nairobi…
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News
Safaricom’s 5G Ambitions: How the Telecom Giant Plans for All Sites to Be 5G-Ready by 2029 and Connect Every Corner of Kenya
On the 5G front, Kenya is still in its early stages, with only a third of Safaricom’s network currently supporting…
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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
Kenya’s High Court Sets Precedent for Digital Payment Firms, Recognizing Their Role as Financial Service Providers
The High Court has delivered a significant ruling for Kenya’s fintech sector, declaring that licensed payment service providers are entitled…
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