Banking
Explore the latest trends, technology advancements, and regulatory changes impacting the banking sector.
- News
KCB is the latest, and largest, bank to join Pesalink’s industry-wide flat KES 20 pricing. Transfers under KES 1,000 are now free.
KCB joins Pesalink's flat KES 20 pricing for transfers above KES 1,000, with smaller sends free, pressuring rivals.
- Business
EADB Sets Aside USD 13 Million for Youth and Women-Led Businesses as Rwanda Takes Over Leadership
East African Development Bank launches USD 13 million fund for women, youth entrepreneurs as Rwanda's Murangwa takes Governing Council chair
- Business
Stanbic Bank Kenya Q1 2026 Profit Hits KES 3.5 Billion as Deposits Cross KES 400 Billion
Stanbic Bank Kenya's Q1 2026 net profit grew 5% to KES 3.5 billion as customer deposits crossed KES 400 billion.
- News
Old Mutual Rolls Out Nationwide Financial Wellness Drive for Kenyan SMEs and Households
Old Mutual Kenya launches a nationwide financial wellness drive across eight towns offering free advisory clinics for SMEs and households…
- Business
KCB just opened mortgages to boda boda riders, content creators and hustlers β here’s how it actually works
KCB rolls out a 9.9% mortgage for hustlers and gig workers, with loans of KES 1M to KES 4M over…
- Business
SBM Bank backs Kenya’s EV transition with KES 1 Billion fund and a leased BYD fleet
SBM Bank launches KES 1 billion Green Finance Facility and leases five BYD plug-in hybrids through Avenue Lease.
- Opinion
DTB’s New Tap-to-Pay Wearables Quietly Solve Kenya’s Apple NFC Problem
DTB launches NFC-enabled rings and wristbands in Kenya from KES 1,200. Tap-to-pay linked to your DTB debit card.
- News
DTB & Premier Bank Kenya revive M-PESA 1Tap dream with NFC wearables for tap-and-pay
About a decade after Safaricom tried to make contactless payments mainstream with the now-defunct M-PESA 1Tap, Kenyan finance players are…
- Business
Co-op Bank to Split Into a Holding Company Structure, Paving the Way for Regional Expansion
Co-op Bank plans to convert into Co-opbank Group PLC non-operating holding company, with Co-op Bank Kenya handling banking business.
- Business
Verto Now Offers USD Accounts for Businesses Operating Between the US and Africa
Cross-border fintech Verto introduces US-dollar accounts targeting startups and businesses operating between the United States and Africa.
- Business
NCBA Posts KES 23.4 Billion Profit as It Closes Out Its Last Chapter as a Standalone Bank
NCBA posts KES 23.4B profit for FY 2025, with digital lending at KES 1.4 trillion and Nedbank deal looming.
- Business
DTB Posts KES 10.7 Billion Profit as Deposits Cross Half a Trillion Shillings
DTB posts KES 10.7bn profit for 2025, deposits top half a trillion, and customer base jumps 45%.
- Interesting Reads
More Kenyans Are Earning More β But 4 in 10 Are Still Borrowing to Eat
Old Mutual's 2025 report shows Kenyans are more financially optimistic but still stretched thin by debt and rising costs. Option…
- Business
I&M Group Posts KES 24.2 Billion Profit as Digital Banking Hits 98% Adoption
I&M Group posts KES 24.2B profit before tax in 2025, driven by digital growth and regional expansion.
- Startups
A South African Fintech Just Raised $9.5M to Turn African Banks into Merchant Powerhouses β and Kenya Is on the List
South African fintech littlefish raises $9.5M to expand its bank-embedded merchant infrastructure platform to Kenya and across Africa.
