Kenya
Kenyan Remittance Startup Bonto Shuts Down Two Years After Launch
Nairobi-based remittance fintech Bonto Kenya has shut down operations just two years after launch and less than eight months after receiving regulatory approval ...
Kenya
Kenya: Pesalink–TendePay Alliance Targets Faster Payments for Kenyan SMEs
Kenya’s small and medium-sized enterprises (SMEs) are set to benefit from faster, high-value transactions following a new partnership between Pesalink and Nairobi-based fintech ...
Kenya
Kenya: CBK Unveils Cybersecurity Operations Centre to Bolster Banking Sector Defences
The Central Bank of Kenya (CBK) has launched the Banking Sector Cybersecurity Operations Centre (BS-SOC), a dedicated hub to strengthen cyber resilience across ...
Kenya
Kenya: Safaricom Upgrades M-PESA Capacity to 6,000 Transactions Per Second
Safaricom has completed a major upgrade of its M-PESA platform, boosting processing capacity to 6,000 transactions per second — the most significant enhancement ...
Kenya
Kenya’s Banking Fraud Crisis: CBK Flags Cyber-Attacks, But Insider Threats Loom Larger
When Sylvia Wanjiru received a million-shilling payment from a client, a call from a “bank representative” followed within minutes, offering to “confirm” the ...
Innovation
Kenya: Huawei Cloud Unveils Big Data and DevOps Solutions in Kenya to Accelerate Digital Transformation
Huawei Cloud has expanded its footprint in Kenya with the launch of its Big Data tools and the CodeArts DevOps platform, aimed at ...
Kenya
Kenya: NALA Expands into Kenya Through Equity Bank and Pesalink Partnership
Tanzanian fintech firm NALA has officially expanded into Kenya by partnering with Equity Bank and Pesalink, aiming to tap into the country’s booming ...
Kenya
Kenya: bolttech Expands into Kenya Through Partnership with NCBA’s LOOP
Global insurtech giant bolttech has made its debut in the Kenyan market through a strategic partnership with LOOP, the digital banking service of ...
Kenya
Kenya’s Poa Internet Raises $4M to Expand Affordable Connectivity in Underserved Areas
Kenyan internet service provider Poa Internet has secured $4 million in debt funding from Finland’s Finnfund to expand broadband access in underserved communities. ...
Kenya
Kenya: KCB Retains Share of NBK Assets Following Access Bank Acquisition
KCB Group, Kenya’s largest bank by assets, has retained a portion of National Bank of Kenya’s (NBK) loan book, deposits, and select customers ...