hela.money Selected as One of the 25 Startups for the AWS Africa Fintech Accelerator
Hela.Money, a leading Web3 financial technology (fintech) company, is pleased to announce its acceptance into the highly prestigious AWS Africa Fintech Accelerator program. This partnership marks a significant milestone for Hela Money and reinforces its commitment to revolutionizing the financial landscape in Africa. The AWS Africa Fintech Accelerator, a first-of-its-kind initiative in the region, is […]
Envisioning a Week Without M-Pesa.
No Kenyan wants to entertain the thought of the unavailability of Mpesa for a week! Indeed no business too. Unplanned M-pesa downtimes in the past have created inconvenience, business losses, and the inability for many Kenyans to pay for essential bills, i.e., KPLC, and Purchase essential products, i.e., drugs. This is because most Kenyans rely […]
Digital Wallets Vs. Mobile Wallets.
Digital Wallets are secure electronic storage for payment information, accessible via web browsers and applications. They can be linked to diverse traditional payment methods, including debit, credit, and gift cards, etc. Users select their desired payment option and perform transactions with vendors who accept digital wallet payments. Essentially, digital wallets handle the underlying transactions, such as […]
Invest, Grow, Prosper: Nairobi International Financial Centre’s Role in Catalyzing Kenya’s Economic Leap
The Nairobi International Financial Centre (NIFC) presents an unparalleled platform for domestic and international investors in an age where business and investment opportunities are limitless and diverse. Situated in the heart of East Africa, Kenya’s burgeoning economic landscape is full of potential, and at the core of this potential is the NIFC. A Pro-Investment Haven […]
Hela.Money: Breaking Boundaries, Bridging Economies – The New Face of Blockchain in Africa.
Interview with hela.money Co-Founder and CTO, Kebaya Mwamba Hela Money: We Want to Be the MPESA Of Blockchain In July 2022, Nairobi became an International Financial Centre. The centre that had been long coming since it was first mooted in 2008 as part of the Vision 2030 program could not have come at a more opportune moment. Presently, […]
Accelerator vs. Incubator: What’s The Difference?
Incubators and accelerators are regarded as fintech enablers. Do you know the difference? + Africa’s Top 21 Startup Accelerators You Should Know
Integration: Fintech Vs. Conventional Financial Institutions
The fintech industry has been experiencing rapid growth over the past few years. Traditional financial institutions have realized fintech start-ups’ potential in transforming the industry. However, integrating these start-ups into traditional institutions has proven to be a challenge. The most significant barriers to integration are the differences in Technology integration, Management, and culture between the […]
Prediction: Which region will take the lead in the FinTech Revolution?
In Africa, there are now more mobile money accounts than bank accounts in 16 African markets. FinTech solutions in developing countries are making existing services more convenient, creating new infrastructure, and increasing financial inclusion for millions of people in the real economy.
Small Business Administration (SBA) Loans – Lessons for Kenya’s Credit Guarantee Scheme for MSMEs
The Small Business Administration (SBA) was created in 1953 as an independent agency of the federal government to aid, counsel, assist, and protect the interests of small business concerns. One of the ways the SBA assists small businesses is by providing loans. SBA loans are designed to help small business owners who may not be […]
The History and Definition of FinTech.
At its core, fintech is all about using technology to provide financial services in new and innovative ways. It can be considered as the underlying technology, an industry consisting of fintech companies, or a whole new way of providing financial services.