Kenya
Tanzania: Equity Named Best Regional Bank in 2021
EQUITY Group has been named the Best Regional Bank in East Africa by the 2021 African Banker Awards thanks to strong and consistent ...
Kenya
Kenya’s CashBackApp raises $475k pre-seed funding round for expansion
Kenyan customer loyalty startup CashBackApp has raised a US$475,000 pre-seed funding round to help scale its service in Kenya and prepare for expansion ...
Kenya
Kenya: InsurTech Turaco and M-Kopa increase insurance penetration
Turaco and M-KOPA celebrate a key milestone of insuring over 16,000 emerging market consumers in Kenya through their partnership which aims to provide M-KOPA customers and ...
Innovation
Kenya: Absa Bank pioneers Whatsapp Banking
Absa Bank simplifies complex banking procedures for customers as it launches Whatsapp banking. Kenyan Bank Absa Bank has inaugurated a WhatsApp-based, 24/7 operating, ...
Intelligence
Kenya: 84% of Kenyans Say Digital Devices, Services Have Improved Their Daily Lives
Digital devices and services have improved the daily lives of 84 percent of Kenyans – while nearly one third said that it had ...
Intelligence
29% of corporate users in Kenya experienced financial malware attacks in the first half of 2021
Although Kaspersky’s (https://africa.Kaspersky.com) research shows that the overall number of financial malware attacks in Kenya has decreased in the first half of 2021, ...
Kenya
Kenya’s Wapi Pay secures $2.2m pre-seed round to ease payments between Africa and Asia
Kenyan fintech startup, Wapi Pay, has raised a $2.2 million pre-seed fund to facilitate financial transactions between the African and Asian continents. Investors that ...
Kenya
Kenya’s Central Bank Holds Policy Rate at 7%
Kenya’s Central Bank has retained the benchmark lending rates to commercial banks at seven percent for the 10th consecutive time to support the ...
Innovation
Kenya: Interswitch, sacco sign digital payment deal
Electronic payment company Interswitch Group has inked a deal with K-Unity Sacco to provide its more than 100,000 members secure digital payment solutions. ...
Kenya
Kenya: KOSA.ai receives pre-seed round investment from EchoVC
EchoVC proudly announces a pre-seed investment into KOSA.ai – an AI-driven Kenya startup running an automated responsible platform that supports enterprises in building and deploying ...