Banking
Explore the latest trends, technology advancements, and regulatory changes impacting the banking sector.
- Startups
PawaPay gets a Bank of Mozambique licence to sign up merchants directly
PawaPay has a Bank of Mozambique payment licence to onboard merchants directly, with M-Pesa connected and Tmcel's mKesh still missing.
- Business
Eric Muriuki, NCBA’s digital head and LOOP DFS CEO, is leaving for Absa
Eric Muriuki, NCBA's digital head, is leaving for Absa Group to lead growth strategy, platforms and digital ventures across Africa
- News
Abdi Mohamed takes over at I&M Bank Kenya
Abdi Mohamed took over as I&M Bank Kenya CEO on 5th October after CBK approval, replacing interim chief Kihara Maina
- Business
CBK raises licensed lenders’ annual fee to KES 500,000 from KES 20,000
CBK raises a licensed lender's annual fee from KES 20,000 to KES 500,000, with a KES 1 million late penalty.
- News
Equity Bank outage hits Kenya and Rwanda with no cause or restoration time given
Equity Bank has posted outage notices in Kenya and Rwanda but has not given a cause or a restoration time.
- Business
Apple Pay launches in India with Axis Bank credit cards and no UPI support
Apple Pay launched in India on 30th September for Axis Bank Visa and Mastercard credit cards, without UPI or RuPay.
- Business
Absa launches Absa Next, a savings and loans app that doesn’t need an Absa account
Absa Next lets anyone with a Kenyan ID save at up to 7% and borrow up to KES 1 million.
- Business
Old Mutual’s Lengo savings plans now run for up to 20 years and guarantee your premiums back
Old Mutual's Lengo savings plans now run up to 20 years and guarantee your premiums back. Hakika and Elimika changed.
- Business
UN trade agency and Access Bank sign small business deal for 14 African countries, including Kenya
Kenya is among 14 African countries where ITC and Access Bank plan to support small businesses. Ghana's pilot goes first.
- Business
Old Mutual splits comprehensive car insurance into three payments and adds an Airalo eSIM to travel cover
Old Mutual now splits comprehensive car insurance into three payments and bundles an Airalo eSIM into its Kenyan travel cover.
- Business
Co-op Bank’s ELA lends women KES 10 million unsecured
Co-op Bank's ELA gives women a 0.5% rate discount, a maternity repayment break and unsecured loans to KES 10 million
- Business
Yusuf Omari confirmed as Absa Bank Kenya CEO after 17 years as finance chief
Absa Bank Kenya confirmed Yusuf Omari as Managing Director and CEO from 10 September 2026, after 17 years as CFO.
- News
Visa adds Featurespace AI to A2A Protect to catch bank transfer fraud before money moves
Visa has upgraded A2A Protect with Featurespace AI to help banks detect suspicious account-to-account transfers before funds leave customer accounts.
- Business
Absa, Kenya Airways and Visa launch the Asante Global credit card
Absa, Kenya Airways and Visa launched the Asante Global Card. Points on all spending, redeemable across the Kenya Airways network.
- Business
NCBA and HEVA open a KES 20 million unsecured loan pool for creatives at 9%
NCBA and HEVA Fund launched a KES 20 million unsecured loan facility for Kenyan creatives at 9% interest, six-month terms.
