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Consumer Education

Kenya’s Financial Inclusion Mirage: Beyond the Hype of Mobile Money.

While Kenya’s mobile money revolution has granted access to financial services for over 75% of its population, a closer look reveals a gap between access and impact. The focus on digitizing money delivery, not the products themselves, results in a hollow form of inclusion. True financial inclusion goes beyond access; it entails active utilization of diverse financial tools. This article delves into the need for a collaborative effort to nurture genuine financial inclusion in Kenya, addressing the ‘digital divide’ and empowering individuals to build a better future.

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Consumer Education

Transforming the Loan App Victims Kenya Group: From Victims to Responsible Borrowers

Delve into the paradox of the ‘Loan App Victims Kenya’ Facebook group, where individuals grappling with debt have the potential to drive positive change. This essay uncovers the root causes of financial struggles, emphasizing the need to transition from victimhood to responsible borrowing. Explore a multi-faceted approach involving financial literacy workshops, peer support, and collaboration with lending platforms. Witness the group’s transformation into advocates for financial empowerment, fostering a community committed to responsible financial decisions and positive change.

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Consumer Education

Advocating for Regulatory Clarity in Motorcycle Financing

As Kenya’s bodaboda industry witnesses unprecedented growth, the spotlight is on microfinancing players who have played a pivotal role in this trajectory. With an impressive 90% of motorcycle sales financed by these players, they bridge the financial inclusion gap and assume substantial risks for the industry’s growth. However, recent regulatory discussions have highlighted gaps, urging a collaborative effort to address issues and provide clarity. This article emphasizes the critical need for an open forum to foster regulatory solutions, ensuring the continued prosperity of an industry that impacts millions of lives.

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Consumer Education

The Lehman Bankruptcy and the Birth of Modern FinTech.

Dive into Numerix’s remarkable journey post-Lehman Brothers collapse, where visionary leadership and transformative innovations reshaped risk management. Discover how Steve O’Hanlon’s strategic shift propelled Numerix into a front-to-risk enterprise systems leader, showcasing the profound impact of FinTech evolution in the aftermath of the 2008 financial crisis.

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Fintech News & Updates

Navigating the Term Sheet and Sealing the Deal: A Guide for Startup Founders. 

Embark on a journey to master term sheet negotiations with this comprehensive guide tailored for Kenyan startup founders. Learn the intricate details, from valuation essentials to board control considerations, and discover how to seek expert guidance effectively. Dive into the nuances of the local market context, understand investor preferences, and navigate the complexities of intellectual property protections and data privacy. Avoid common mistakes, empower yourself with knowledge, and pave the way for a successful funding round in the dynamic landscape of Kenyan startups.

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Banking News

The Future of Banking in Kenya: Open, Flexible, and Customer-Centric.

Witness the banking revolution in Kenya as Banking as a Service (BaaS) and Open APIs redefine the financial landscape. From seamless integrations to personalized customer experiences, these technologies are propelling rapid innovation and expanding access to financial services. Learn how Kenyan fintech companies, including M-Pesa, Paystack, SasaPay, and Skaleet, are leveraging APIs and BaaS to create innovative solutions, paving the way for a customer-centric, open, and flexible future of banking in Kenya.

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Fintech News & Updates

How Bitcoin Works.

Discover the inner workings of Bitcoin transactions, where a decentralized network ensures security and transparency. From creating unique transaction codes to the rewarding process of proof of work, follow the journey of a Bitcoin transaction. This step-by-step guide unveils the complexity behind the decentralized world of Bitcoin, showcasing its potential to reshape the future of global finance.

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Fintech News & Updates

Breaking Barriers and Building Empires: A list of the World’s Tech Unicorns

The term “unicorn” takes on a new meaning in the context of Africa—a symbol of groundbreaking innovation and entrepreneurial prowess. Fueled by a spirit of disruption, a wave of fintech unicorns is transforming traditional industries, creating unprecedented opportunities for millions across the continent. From Nigeria’s Flutterwave to South Africa’s Yoco, delve into the stories of Africa’s unicorns, driving not only financial success but also shaping the future of the tech industry.

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FinTech Revolution

Cryptocurrencies: A Paradigm Shift in Finance or a Speculative Bubble?

Dive into the multifaceted world of cryptocurrencies, where debates on legitimacy and scam allegations coexist with unprecedented growth. From the rise of market capitalization to the FTX scam’s dark side and Bitcoin’s turbulent history, this exploration goes beyond the surface. Elon Musk’s influence adds another layer, showcasing the power of individual figures in shaping the crypto market. Discover the complexities, challenges, and controversies that define the cryptocurrency industry.

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Copyright: Johannes P. Christo
Consumer Education

A Cautionary Tale of IMF Loans: Economic Entrapment and Sustainable Growth.

Kenya’s encounter with IMF loans in the 1990s serves as a stark reminder of the perils associated with external debt. This article unravels the story, shedding light on how the IMF’s conditionalities, such as the imposition of a value-added tax (VAT) on fuel, can lead to short-term fiscal boosts and long-term economic downturns. Examining the pitfalls of IMF-imposed SAPs, it urges developing nations to exercise caution and prioritize sustainable economic growth over quick fixes.

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