Fintech
Kenya: Airtel Money Expands Market Share as M-PESA Sees Fifth Consecutive Decline
Kenya’s mobile money landscape is undergoing a significant shift as M-PESA experiences its fifth consecutive quarterly decline in market share. Increased competition from ...
Fintech
Kenya: KCB Bank Introduces Kenya’s First Platinum Multi-Currency Prepaid Card in Partnership with Compass Plus Technologies
KCB Bank Kenya has launched the country’s first platinum multi-currency prepaid card, developed in collaboration with Compass Plus Technologies, marking a significant advancement ...
Kenya
Kenya: Safaricom Remains Silent on Mali Fund as It Shifts Focus to Ziidi
Kenya’s leading telecommunications company, Safaricom, is yet to clarify the future of Mali, its first money market fund launched in 2020, as it ...
Fintech
Global: FICO and TransUnion Partner to Enhance Credit Access in Kenya
Global analytics firm FICO and TransUnion Kenya have joined forces to expand access to credit in Kenya, leveraging advanced data analytics to improve ...
Africa
Kenya and East Africa Solidify Their Role as Africa’s Leading Hub for Start-up Funding
Kenya and East Africa have reinforced their position as the primary hub for start-up funding on the African continent, consistently drawing the largest ...
Africa
Kenya: Vesti Expands to Kenya, Advancing Its Mission to Transform Global Migration and Cross-Border Finance
Vesti, a leading provider of legal and financial solutions for global migrants, has officially expanded its operations to Kenya, furthering its mission to ...
Kenya
Kenyan Banks Slash Lending Rates Amid Central Bank Crackdown
Kenyan commercial banks are swiftly reducing lending rates following a stern directive from the Central Bank of Kenya (CBK), which has warned of ...
Kenya
Kenya Central Bank Slashes Lending Rate to 10.75%
The Central Bank of Kenya (CBK) has reduced its benchmark lending rate by 50 basis points, lowering it to 10.75%. In an emailed ...
Fintech
Kenya: Safaricom Expands M-Pesa’s Financial Services with Launch of Ziidi Money Market Fund
Kenyan telecom giant Safaricom has unveiled the Ziidi Money Market Fund (MMF), a new investment solution designed to empower M-Pesa users with accessible ...
Kenya
Kenya: KCB Bank and Mastercard Launch Kenya’s First Multi-Currency Prepaid Card
KCB Bank, in partnership with Mastercard, has introduced Kenya’s first multi-currency prepaid card, offering a transformative solution for cross-border financial transactions. Supporting 11 ...