TerraPay (Mobex) partners with Safaricom’s M-PESA to facilitate seamless outbound cross-border remittances
erraPay and Safaricom join forces to revolutionize cross-border payments for Kenyans. 30 million M-PESA users now get secure, fast, and affordable money transfers to Bangladesh & Pakistan, with India & Nepal soon to follow.
Muslims at the Crossroads of Cryptocurrency: A Test of Faith or a Financial Revolution
From Bitcoin bites to “100% halal” Islamic Coin, Muslims grapple with crypto’s allure. Dive into the Economist’s captivating report on faith, finance, & the future of digital currencies in Muslim countries.
Unlocking Africa’s Fintech Potential: Tackling Challenges for Economic Empowerment
Conquer Africa’s fintech challenges & fuel financial inclusion for all! Dive into navigating regulations, boosting literacy, securing investment, bridging infrastructure gaps, & fostering collaboration. Unlocking shared prosperity & innovation awaits!
Legal and Policy highlights – Budget 2023/24
Budget 2023/24 highlights major legal and institutional reforms aimed at fostering growth for MSMEs and marginalized groups. This includes financial sector stability, enhanced payment systems, pension coverage expansion, and insurance sector growth
A guide to Kenya’s Fintech Regulatory Framework.
Explore how Kenya is shaping the future of Fintech in Sub-Saharan Africa. This article breaks down the country’s unique regulatory approach, covering key sectors like mobile payments, digital lending, and money remittance operations.
Bridging Africa’s $66 Billion Healthcare Financing Gap: Pezesha’s Innovative Approach with Embedded Finance
Forget stock-outs! Pezesha unlocks healthcare financing for African pharmacies & suppliers, fueling medical supply purchases, improved access, & business success.
Envisioning a Week Without M-Pesa.
A hypothetical week-long M-Pesa downtime could cause significant economic disruption and social inconvenience in Kenya, highlighting the critical role of M-Pesa in day-to-day transactions and the nation’s economy.
Hela.Money: Breaking Boundaries, Bridging Economies – The New Face of Blockchain in Africa.
Hela Money, Nairobi’s innovative blockchain fintech startup, is set to transform Africa’s financial sector. With support from Google for Startups, Hela Money aspires to be the MPESA of blockchain, offering groundbreaking solutions for Africa’s digital economy.
Fingo Acquires 50,000 Waitlist of Customers in 24 Hours Following Launch of Digital-Only Bank
Discover Fingo, the Kenyan fintech startup founded in 2021, transforming financial services for African youth. Backed by Y Combinator and securing $4 million in seed funding, Fingo partners with Ecobank for a pan-African rollout, starting as Kenya’s first digital-only bank. Offering quick, digital banking solutions tailored for youth, Fingo is poised for significant growth.
Outlook for digital lending safer with ethical measures
Kenya’s digital lending industry isn’t all bad apples. Responsible players like DLAK are driving self-regulation and ethical practices, offering competitive rates and customer-centric solutions. Discover the initiatives shaping a brighter future for Kenya’s financial landscape.