Tag: Banking

Equity registers 14% dip in profit after tax on Ksh.3 billion provisions on loans

Equity Group has released first-quarter results which reflect the assessment the Group places in the uncertainty created by COVID-19. Profit before provisions was up...

Digital and mobile channels to be key service delivery platforms for financial service providers

As countries prepare for imminent easing of movement restrictions and resumption of normal operations in most sectors of their economies, many are convinced that...

Ecobank Named Most Innovative Bank in Africa

Global Finance has named Ecobank as the most innovative bank in Africa. The announcement was made at the eighth Global Finance annual awards, the...

Egypt’s Largest Private Lender Acquires 51% Stake in Kenya’s Mayfair Bank

Egypt's Commercial International Bank (CIB) is acquiring a 51 percent of the shareholding of Kenya's Mayfair Bank Limited (MBL). Commercial International Bank is the largest...
Standard Chartered

Standard Chartered Bank launches mobile traded bond

Standard Chartered Bank Kenya has become the first commercial bank in Kenya to launch bond traded exclusively through mobile phone, the Bank announced Monday. Through...

Standard Chartered Bank lends KShs 6.3bn to SME in 9 months

Standard Chartered Bank says injected KShs 6.3 billion in direct and indirect lending to Micro, Small and Medium enterprises (SME) in 9 months to...

Fintech Startups can now apply and pitch at the Finnovation World Kenya Summit

The Finnovation World Kenya summit takes place in Nairobi on June 18. The event will bring together fitench players from Across Africa to discuss...
Africa eXellerator Hub launch in Nairobi

Standard Chartered launches its first Africa eXellerator innovation hub in Kenya

Standard Chartered Bank today opened its Africa eXellerator innovation hub in Kenya to support and work with fintechs in the country and across Africa....
Willie Kanyeki-Myriad Connect-Kenya

[Column] Open banking to transform East Africa’s digital financial services

Open banking is revolutionising the financial services landscape across the world, and presents opportunities for transformation and financial inclusion throughout East Africa. However, the region...
Standard Chartered

Standard Chartered Bank launches its Mobile Digital Platform in Kenya

In February 2018, Standard Chartered announced that it will launch its digital solution in four key markets during the first quarter of 2019. The...
TeamApt Product Shot 2 (lr)

Nigeria’s Fintech Startup TeamApt closes $5.5M Series A Round To Scale Into Additional Markets

TeamApt, a Nigerian startup that provides digital solutions and payment infrastructure for Africa, has closed on a $5.5M Series A round, led by Quantum...

“Africa is the Silicon Valley of banking”, say co-founders of TagPay

The rise of fintechs might be shaking up the banking sector in developed countries, but African banks are taking full advantage of this technological...

Fintech may have a more profound impact on financial services in Africa

Fintech may have a more profound impact on financial services in Africa than in Europe or the US. this is according to the more...

Finnovation Kenya 2018: Collaboration way forward to driving constructive economic outcomes from the...

Finnovation Kenya 2018 summit kicked off today at the Radisson Blu Nairobi, bringing together more than 200 FinTech experts to discuss about the future...

Finnovation South Africa 2018: How FinTech is Accelerating Digital Transformation of Banking in Africa

The unique environment for financial services in Africa is fertile ground for innovative FinTech players who are capitalising on the opportunities to disrupt or...

Who wants complimentary passes to the Finnovation Africa: Kenya 2018 summit?

The Finnovation Africa: Kenya 2018 summit is coming to Nairobi on 31st May 2018. The event will bring together more than 300 participants from...

Industry Leaders Define How FinTech is Accelerating Positive Transformation of Banking in Africa

The FinTech space in Africa is witnessing rapid growth as innovative new financial services players disrupt the traditional modalities of banking across the continent....

FinTech in South Africa: Accelerating the Digital Transformation of Banking & Financial Services

Ethico Live has announced the launch of Finnovation South Africa summit. The event will see participants from established banking powerhouses to FinTech startups gather...

Lack of education on ICT to blame for growing cyber attacks on Insurance and...

Insurance and banking services sectors in the country need to enhance the pace of deployment of secure Information Communication Technology (ICT) practices in their...

Mobile Money: HelloCash mobile money services launches in Ethiopia

Lion International Bank and Somali Micro Finance in partnership with Ethiopian based technology service provider BelCash Technology Solution PLC have launched the official pilot...

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Tech for humanity: Preparing for the next phase

ICT has been critical to fighting the Covid-19 pandemic and transforming society over the long term. But the key to progress is laying the...

24Bit Podcast Episode 22: Video Chat Apps – The new normal...

In this latest episode of our 24Bit Podcast, Emmanuel Chenze, Nick Kanali and Dickson Otieno discuss Video Chat Apps people are using with the...

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