Search Results for: fintech
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Startups
How to Apply for the MEST Africa Challenge 2025
The Meltwater Entrepreneurial School of Technology (MEST Africa) recently opened applications for the 7th edition of the MEST Africa Challenge…
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News
bolttech Partners with LOOP to Launch New Financing and Protection Programme for Devices
Global insurtech, bolttech, has announced its entry into the Kenyan market via its partnership with LOOP, the fintech subsidiary of…
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Startups
African Angel Academy Launches 12th Cohort to Bridge Africa’s $194B Startup Funding Gap
The African Angel Academy (AAA), Africa’s leading angel investor training platform, has announced the launch of its 12th cohort as…
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News
Verto Unveils Atlas Suite to Simplify Cross-Border Payments
Global B2B payments platform Verto has announced the launch of The Atlas Suite, an API-first embedded finance solution designed to…
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News
[Survey] Business Leaders Invited to Share Insights on Africa’s AI Adoption
Artificial Intelligence (AI) is no longer the preserve of Silicon Valley or Asia’s tech giants. It is rapidly becoming a…
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News
Africa’s Smartphone Market Surges 7% in Q2 as Low-Cost Devices Drive Connectivity Across Key Economies
Africa’s smartphone market is showing signs of resilience. In the second quarter of 2025, shipments rose 7% year-on-year to 19.2…
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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
Kenya Dirty Money Crackdown Intensifies with CBK-UK Treasury Partnership to Protect Financial Sector
The Central Bank of Kenya (CBK) has partnered with the United Kingdom’s finance ministry as part of a broader Kenya…
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News
Kenya’s Tech Firms Pull Ahead as Top Recipients of Foreign Investment
Kenya’s technology companies are drawing a growing share of international investment, leaving traditional sectors such as banking, manufacturing, and retail…
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News
Africa Bitcoin Institute Leads the Charge in Bringing African Voices to Cryptocurrency Policy
Anaïse Kanimba grew up in the shadow of global attention. Her father, Paul Rusesabagina, became an international symbol of courage…
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News
Yellow Card Appoints Gillian Darko as VP of Strategy
Yellow Card has announced the appointment of Gillian Darko as its new Vice President of Strategy, joining the executive team…
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WomenInTech
Absa Bank Kenya Partners with GirlCode to Launch 2025 Pan-African Women-in-Tech Hackathon
Absa Bank Kenya, in collaboration with GirlCode, has launched the 2025 edition of GirlCodeHack, a Pan-African women-in-tech hackathon aimed at…
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News
Verto Webinar Explores Payments, Compliance, and Expansion Strategies for South African Businesses
Verto Webinar: South African businesses looking to expand internationally face a host of challenges, from high cross-border transaction costs and…
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News
[Free Webinar, August 14th] Unlock South Africa: Guide for Expansion, Compliance & Capital Movements
Join this open web session as it explores the evolving landscape of international payments for South African businesses, highlighting challenges like…
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News
OpenWay Expands into Francophone Africa with Way4 Platform to Boost Digital Banking
OpenWay, a global provider of digital payment software, is widening its footprint in Francophone Africa with the launch of its…
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News
Zambians Can Now Access Global Money Transfers Instantly through Chipper Cash and Western Union
Zambia’s Chipper Cash users can now send and receive money around the world, thanks to a new partnership with Western…
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News
Ripple Acquires Rail in $200 Million Move to Dominate Stablecoin Payments
Ripple has agreed to acquire stablecoin-focused payments startup Rail for $200 million, doubling down on the one corner of crypto…
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News
Uganda’s OneRamp Joins ViFi Labs to Scale Stablecoin Payments Across Africa and LATAM
ViFi Labs, a decentralized protocol known for its work in stablecoin and foreign currency trading, has acquired Uganda’s OneRamp—a rising…
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News
[Interview] Botswana Bets on Innovation with MIT to Build a Post-Mineral Economy
Botswana has taken a bold step toward redefining its economic future through a groundbreaking partnership with the Massachusetts Institute of…
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News
Kenya’s New Alcohol Ban Hits E-Commerce and Delivery Apps as Online Sales Blocked
Kenya has widened its alcohol sale restrictions to include online platforms, closing a major loophole that many urban consumers and…
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BUSINESS
Orange Money Group Partners with JUMO to Expand Microcredit Services Across Africa
Orange Money Group has announced a strategic partnership with fintech company JUMO to broaden access to digital financial services in…
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News
PayPal M-PESA Integration Changes Set for August 2025 as Thunes Platform Shuts Down
A notable chapter in Kenya’s digital finance space is drawing to a close. PayPal and M-PESA will soon end support…
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News
Verto Webinar Unpacks Future of Cross-Border Payments in Africa
Global fintech firm Verto on Thursday hosted a webinar shedding light on the challenges and opportunities that businesses face when…
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News
How Nairobi Financial Hub Tax Relief Is Reshaping Kenya’s Startup and Investment Landscape in 2025
Startups operating under the Nairobi International Financial Centre (NIFC) are set to benefit from significant tax cuts under Kenya’s newly…
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News
M-KOPA Surpasses 1 Million Branded Smartphone Sales in Just 12 Months
Leading fintech M-KOPA has announced it has sold over 1 million of its branded smartphones within just 12 months of…
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News
The Changing Dynamics of Forex and Trading in Africa
The forex and online trading landscape has witnessed a significant growth in Africa in recent years, mainly driven by technological…
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News
Lipa Later Acquisition Race Sees Sh3B in Bids from Local and International Players
At least three firms have entered the Lipa Later acquisition race, submitting offers to buy or finance the struggling buy-now-pay-later…
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Startups
Tech Funding in Africa Contracts in H1 2025 Despite Early-Stage Growth
Tracxn has released its Africa Tech H1 2025 Funding Report, offering a detailed view of funding trends, sectoral performance, acquisitions,…
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TechTrends Podcast
The TechTrends Podcast | Stablecoins, Regulation & Africa’s Crypto Growth ft Yellow Card
In this episode of the TechTrends Podcast, we sit down with Edline E. Murungi, Senior Legal Counsel for East Africa…
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News
Why African Startup Funding in 2025 Is Surging Again After Years of Decline
African startup funding in 2025 is off to a strong start, with startups raising $1.4 billion in the first half…
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Featured
Spotika Relaunches with Thai Billionaire Backing, Unveils Africa’s Most Advanced Betting Tech
Spotika, a well-known name in Kenya’s betting sector, has officially relaunched under new ownership following a complete acquisition and strategic…
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Featured
Game On! Spotika Unleashes Africa’s Smartest Betting Platform
One of Kenya’s most high-profile sports betting brands, Spotika, is back in operation and this time with a vengeance, since…
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News
Students Build AI Tools for Farmers and Urban Planners in Africa
A 24-hour AI hackathon hosted by Qhala, Huawei, and Konza Technopolis during Africa AI Literacy Week has led to the…
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News
World MSME Day 2025: How Safaricom is Enabling Kenyan MSMEs to Scale
As the world marks World MSME Day 2025, the spotlight turns to the micro, small, and medium-sized enterprises that form…
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Tech
Kenya’s Shamba Records, Apexloads Among Startups Picked for Google for Startups Accelerator
Google has selected 15 promising tech startups for its Google for Startups Accelerator: Africa Class 9 program. These innovative startups,…
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CLOUD
SISCOM Tech Launches New Data Center Cluster, Gains Data Controller Status
SISCOM Tech has unveiled its newest data center cluster, hosted within IX Africa’s Tier III-designed, 4.5 MW, 780-rack, carrier-neutral facility…
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News
Bitget Shines at Kenya Blockchain and Crypto Conference
Bitget, a leading global cryptocurrency exchange and Web3 company, marked a successful presence at the 2025 Kenya Blockchain and Crypto…
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News
LemFi Acquires Pillar UK to Power Migrant Credit Access and Expand Beyond Remittances
For many migrants, arriving in a new country means starting from zero—no local credit history, no access to loans, and…
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News
Kenya’s Digital Economy Needs Agile Approach to Cybersecurity
As Kenya’s digital economy matures, cybercriminals are taking notice and targeting businesses across the country, with significant financial consequences. In…
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BUSINESS
Africa Must Deepen Its Domestic Financial Markets to Achieve the SDGs
Africa’s journey towards meeting the Sustainable Development Goals (SDGs) hinges on developing effective domestic financial markets that provide affordable finance. …
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News
Tech Growth in Africa: What the Latest Economic Data Doesn’t Reveal
The latest report on Global Economic Prospects states that, while a modest economic rebound is expected in 2025, GDP growth…
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News
Why Kenya Is on the EU Watchlist and What It Means for Africa’s Financial, Tech, and Trade Future
The European Union has added Kenya to its watchlist of high-risk third countries, signaling that the bloc views the country’s…
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Blockchain
Bybit Powers Kenya’s Crypto Boom in 2025 — Here’s Why It’s the Exchange of Choice
In 2025, cryptocurrency adoption is growing faster than ever across Kenya. Platforms like Bybit are gaining popularity, providing more options…
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News
4DX Ventures Appoints Mimi Alemayehou and Kurankye Sekyi-Otu as Senior Advisors
4DX Ventures, a leading pan-African venture capital firm, has appointed Mimi Alemayehou and Kurankye Sekyi-Otu as Senior Advisors as it…
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News
A Void in the Feed? Reassessing the Impact of TechCrunch’s European Exit on Startups and Storytellers
Once the beating heart of the European tech story, TechCrunch was the stage for all manner of bold ideas, scrappy…
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News
[BREAKING] AXIAN Telecom Acquires 8% Stake in Jumia Technologies
AXIAN Telecom, the pan-African telecommunications service provider, has acquired a minority stake in e-commerce platform Jumia. The company announced on…
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News
Unpacking ECOWAS’s Bold Tech Shift as West Africa Reimagines Regional Integration
The 50th anniversary of ECOWAS is being celebrated as the bloc undergoes sweeping geopolitical and technological changes that shape its…
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News
How Connected Africa Summit 2025 Plans to Bridge Africa’s Digital Divide
Ministers and African stakeholders, led by H.E. Hon. William Kabogo Gitau, joined forces to push forward Africa’s digital transformation at…
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News
Equity Q1 2025 Results: Ksh 15.4B Profit Fuels Digital Banking Growth
Equity Group has released its Equity Q1 2025 Results, showcasing steadfast financial performance amid a dynamic economic environment. The Group…
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News
Valour and Gulf Investment Bank Announce Crypto Asset Cross-Listing on NSE
Valour Inc. has appointed GulfCap Investment Bank as its key transaction advisor for cross-listing its exchange-traded products on the Nairobi…
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Blockchain
Kenya to Host Africa’s Premier Blockchain and Crypto Conference in June 2025
The Kenya Blockchain and Crypto Conference (KBCC) 2025 is returning to the country for its third edition. The conference is…
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News
Trump’s Gulf Strategy Holds a Lesson for U.S.–Africa Tech Diplomacy
The upcoming U.S.–Africa Summit presents a pivotal opportunity for Washington to redefine its partnership with African nations. But if the…
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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
Huawei HCS 8.5 Launched in Kenya With Local AI and 120+ Cloud Services
Huawei has officially introduced Huawei HCS 8.5 in Kenya, heralding a big milestone for the country on its quest to…
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News
Huawei and Equity Launch ICT Academy at Open University of Kenya
Huawei Kenya, in partnership with Equity Group Foundation, today announced the official launch of the Huawei ICT Academy at the…
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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
Why Kenya is Emerging as a Great Market for Forex Traders
With a growing economy, improved financial infrastructure, and an increasing tech-savvy population, Kenya is rapidly becoming Africa’s most attractive destination…
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News
The Rise of Female Tech Founders in Africa
In recent years, Africa has witnessed an encouraging surge in the number of female tech founders who are reshaping the…
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News
Airtel Money IPO 2026: Can It Disrupt Africa’s Mobile Payments Market?
In a plan set forth by Airtel Africa, Airtel Money is to be listed by the first half of 2026.…
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News
Meta Stablecoin Strategy: How It Could Transform Creator Payouts in 2025
In 2019, Meta (then Facebook) started the Libra Project, an ambitious attempt at creating a universal currency. But it was…
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News
Is M-Pesa 2.0 Upgrade Enough to Keep Airtel Money at Bay? Here’s What Safaricom’s $309M Bet Means
Making its boldest move with M-Pesa 2.0 upgrade, Safaricom, however, is investing over $309 million annually to transform the mobile…
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News
Tech Giants Including AWS, Google, and Cisco to Headline Connected Africa Summit 2025
Global technology powerhouses, including AWS, Google, Cisco, HPE, CheckPoint, Fortinet, and other influential players have confirmed their participation and support…
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News
How the African Development Bank’s Evolution Could Shape Africa’s Digital Future
Later this month, a new president will be selected by the board of governors of the African Development Bank (AfDB).…
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News
Ex-citi, Goldman, Barclays Compliance Firm Hits $1M in First Year, Expands to EMEA
de Risk Partners, a financial regulatory compliance consultancy founded by former executives from Citigroup, Barclays, and Goldman Sachs is celebrating…
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News
MTN Nigeria Q1 2025 Performance: A Strong Recovery Despite Economic Challenges
MTN Nigeria has reported a fantastic profit after tax of ₦133.7 billion in financial results for Q1 2025, unlike a…
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News
Standard Chartered Launches Cohort 8 of its Women in Tech Program
Standard Chartered, in partnership with @iBizAfrica, Strathmore University and Village Capital, have officially launched cohort 8 of Women in Tech…
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News
Airtel Money Upgrade This Weekend: Expect Downtime – and a 100% Cashback Reward
The world of mobile money transactions is becoming more and more dynamic in today’s fast-changing digital environment. Airtel Money, one…
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News
PayPal Establishes Regional Headquarters in Dubai: A Strategic Move for MEA’s Digital Payments
In a historic step towards strengthening its footprint in the Middle East and Africa (MEA) region, PayPal has announced the…
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News
MIT Renames Legatum Center to Kuo Sharper Center
The Massachusetts Institute of Technology (MIT) has renamed the Legatum Center for Development and Entrepreneurship into the MIT Kuo Sharper…
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News
Kenya Digital Economy Growth: How Tech is Positioning It as East Africa’s Economic Leader
Kenya is bound to dethrone Ethiopia as the biggest economy in East Africa in 2025. The International Monetary Fund made…
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News
TechTrends Podcast | The State of E-commerce in Africa – A Conversation with Jumia EA Regional CEO , Vinod Goel
In this episode of The TechTrends Podcast, we sit down with Vinod Goel, East Africa Regional CEO of Jumia, Africa’s…
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CYBER SECURITY
Kenya Data Protection Crackdown: ODPC Is Fining Companies—But Is It Enough?
2024 saw the scatter-gun enforcement style of the Office of the Data Protection Commissioner (ODPC) in Kenya with 51 determinations…
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TechTrends Podcast
TechTrends Podcast | Lipa Later Goes into Administration – What Happened?
In this episode of The TechTrends Podcast, we unpack the surprising news of Kenyan BNPL startup Lipa Later going into…
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News
How Technology is Revolutionizing and Unifying Africa’s Forex Markets
Forex markets in Africa have historically been fragmented, with things like varying regulations, currency fluctuations, and limited accessibility affecting seamless…
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News
Stablecoin Regulation in Kenya: How New Rules Could Reshape Digital Finance
The global push for stablecoin regulation is reshaping financial landscapes, and Kenya is no exception. As discussions around stablecoin regulation…
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Startups
Yango Group Launches $20M Ventures Fund to Support African Startups
Global ride-hailing and tech conglomerate Yango Group has announced the launch of Yango Ventures, a $20 million corporate venture fund…
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News
Connected Africa Summit 2025: How Africa’s Digital Future is Taking Shape
William Kabogo, the Cabinet Secretary for Information, Communications, and the Digital Economy of Kenya, has officially launched the Connected Africa…
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News
Kenya AI Strategy 2025-2030 Unveiled: A Bold Move Toward AI-Powered Digital Transformation
Kenya has officially unveiled the Kenya AI Strategy 2025-2030, positioning itself as a possible African leader in artificial intelligence innovation.…
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News
Five Tech Startups Emerge as Winners at AfricArena Johannesburg 2025
Five African startups have been named winners at AfricArena Johannesburg 2025. AfricArena Johannesburg 2025 is a two-day Founder’s Summit that focuses…
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Startups
Safaricom Opens Applications for Spark Accelerator Program Phase 2
Nine startups who are part of the inaugural cohort of the Safaricom Spark Accelerator Program recently part in an investor…
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CYBER SECURITY
Foreign Cyber Threats in Kenya: National Strategies for Digital Defense
Cyber threats have become a national security challenge as Kenya is rapidly digitizing. Its digital assets, from financial institutions to…
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News
NFT Fundraising in Kenya: A Legal Loophole or the Future of Startup Capital?
In an unprecedented declaration, the Commissioner of the US Securities and Exchange Policy (SEC) – Hester Peirce – hinted that…
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News
Safaricom Annual Engineering Summit EA Edition Kicks Off in Nairobi
Safaricom has today kicked off its third edition of the annual Safaricom Engineering Summit. The summit provides a platform for…
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News
New Kenyan ID Cards Rejected? Here’s Why You Can’t Get a SIM or Bank Account
For a newly minted young Kenyan‘s national ID, the natural follow-on is to register for a SIM card and bank account. But many are now finding that the new ID documents are being denied by banks and telecom…
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News
How Digital Payments Are Promoting a Cashless Economy in Africa
Digital payments are playing a very important role in changing Africa’s economy by promoting financial inclusion and minimizing dependency on…
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BUSINESS
Safaricom’s Mobile Money Service M-Pesa Turns 18
Safaricom’s mobile financial service M-PESA has today marked 18 years since its launch in March 2007. M-PESA is currently available…
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Featured
Kenya’s Telecom Wars: What’s Driving Consumer Choices and Industry Competition?
One of Africa’s rapidly growing sectors is Kenya’s telecom sector, boasting over 65 million mobile subscriptions and a growing demand…
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News
Konza Technopolis: The Rise of Kenya’s Silicon Savannah
Kenya’s dream of becoming Africa’s technology hub is coming true as its flagship smart city project – Konza Technopolis –…
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Startups
MANSA Raises $10M to Tackle Cross-Border Payments Liquidity Challenges
MANSA, a global fintech innovator in cross-border payments, has announced the successful close of its $10 million funding round. This…
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News
TechTrends Podcast | Raenest’s Victor Alade on Simplifying How Africans Manage Their Money Across Borders
In this episode of the TechTrends Podcast, we sit down with Victor Alade, CEO and co-founder of Raenest, to explore…
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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
Yellow Card’s Sharon Tum on the Future of Digital Asset Adoption in Africa | TechTrends Podcast
In this episode of TechTrends Podcast, we sit down with Sharon Tum, the Senior Regional Manager- EA at Yellow Card,…
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News
Eft Corporation Rebrands, Eyes Growth and Expansion Across Africa
One year since leading fintech company Ukheshe acquired payments solutions provider EFT Corporation, the merged company is now rebranding. EFTCorp…
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TRENDING
![[Gerald Maithya] What we can learn from Africa’s small business success stories](https://techtrendske.co.ke/wp-content/uploads/2024/05/Gerald-Maithya-Image-1-390x220.jpg)
[Column] Gerald Maithya: Fostering a Thriving African Startup Ecosystem Through Collaboration
In recent years, Africa has emerged as a vibrant hub of innovation, driven by a new generation of entrepreneurs who…
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Startups
Verto Launches $10k Global Business Award to Boost Startups
Verto, the global fintech specializing in cross-border payments, and banking solutions has launched the Verto Global Business Award to support…
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News
55 finalists announced for the inaugural Africa Tech Summit Awards 2025
The Africa Tech Summit Awards has announced the 2025 finalists, celebrating individuals and companies impacting the technology sector across the…
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News
M-Pesa, PesaLink, and the CBK: The Battle for Kenya’s Financial Future
Kenya has one of the most dynamic financial systems in the world but there’s something about to change – the…
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News
Network International’s digital payment solution to power new Money Fellows offering in Egypt
Network International, a leading enabler of digital commerce in the Middle East and Africa has partnered with Money Fellows, the…
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News
Cassava Tech Secures $90M Equity, Restructures Operations
Cassava Technologies, Africa’s digital infrastructure and services provider, has announced a $90 million equity investment round, with participation from the…
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News
Microsoft, NVIDIA Partner to Boost AI Innovation and Collaboration in Africa
Microsoft, through the company’s Africa Transformation Office (ATO), has announced a new initiative to boost AI development in Africa by…
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News
Meta-Sponsored Vambo AI & Futurize Hackathon Drives Innovation at Kenya Innovation Week 2024
The recently concluded Vambo AI & Futurize Hackathon, hosted during Kenya Innovation Week 2024, spotlighted Africa’s brightest tech minds as…
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