Kenya
Kenya Increases Minimum Bank Capital Tenfold to Align with Regional Peers
The Central Bank of Kenya (CBK) will significantly raise the minimum capital requirement for commercial banks, increasing it tenfold to $77.8 million (KES ...
Kenya
Kenya: IMF Approves New Ksh.126 Billion Funding for Kenya
After an unusually long wait, Kenya has secured a staff-level agreement with the International Monetary Fund (IMF), unlocking the disbursement of USD 976 ...
Kenya
Africa: Kenya to Issue Payment Licenses- Flutterwave, Chipper Cash Leading the Queue
The Central Bank of Kenya (CBK) is set to issue payment licenses to fintech startups, marking a significant shift that will open up ...
Kenya
Kenya: Fintech Firm PayAngel Commends Kenya for Innovation Leadership
UK-based fintech company PayAngel has praised Kenya for its impressive advancements in becoming a technological powerhouse in Africa. At the Forty Under 40 ...
Kenya
Kenya Unveils Ambitious Plans for Digital ID and Biometric Passports
Kenya is making significant strides in its digital transformation journey, with the introduction of the new generation Maisha Namba digital ID and plans ...
Kenya
Kenya: Payless Africa Unveils Youth-Centric Payment Platform for Kenyan Market
Payless Africa, a leading fintech company specializing in digital financial solutions, has officially introduced its youth-centric payment platform in Kenya. Through its mobile ...
Kenya
Kenya: Fintech Association of Kenya Appoints Frank Molla to Advisory Board
The Fintech Association of Kenya (FINTAK) has announced the addition of Frank Molla, the Managing Director of MDP Africa, to its advisory board ...
Kenya
Kenya: Metrofile Kenya Launches Innovative Cloud Services to Transform Data Management
Metrofile, a frontrunner in document management and digital solutions across East Africa, is excited to introduce its cutting-edge cloud services. This new development ...
Kenya
Kenyan Startup Triply Selected by Y Combinator, Secures $500K Investment
Triply, a Kenyan traveltech startup, has recently been chosen as the latest African participant in the renowned Y Combinator startup accelerator program. This ...
Kenya
Kenya: Mastercard and Equity Bank Forge Alliance to Boost Cross-Border Payments in Kenya
Mastercard, a leading global payments company, has entered into a strategic partnership with Equity Bank, a top financial services provider based in Nairobi. ...