Banking
Explore the latest trends, technology advancements, and regulatory changes impacting the banking sector.
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Announcements
Initiative to increase women’s access to financial services launched by Standard Chartered Bank
As part of the Bank’s Futuremakers initiative, Standard Chartered Bank will initially provide Sh5m revolving funds that will enable Women…
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News
More than 60% of Equity’s Transaction Value has moved to Digital Platforms
Equity Bank has today reported that for the first time, its physical branches have accounted for only 37.4% of its…
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News
Telkom is building Fursa, a Digital Wallet targeting Kenyan Youth
The app is called 'Fursa' and according to Telkom, it is a platform that allows the council to easily disburse…
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News
Local banking Apps now available on Huawei’s AppGallery
Huawei users in Kenya can now download quickly and safely many banking apps available on the AppGallery such as: Stanbic…
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Startups
Kenya’s Agency Startup, Tanda, secures funding to expand regionally
The startup secured backing from HAVAÍC, Zedcrest Capital, DFS Lab, Victor Asemota and 3 more investors. Tanda has also secured…
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Announcements
Equity Group plans African Expansion with $100 Million Loan from AfDB
In addition to operating in 7 African countries – Kenya, Rwanda, Uganda, South Sudan, Tanzania, the Democratic Republic of the…
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News
Equity Bank Uganda partners with the United Nations to accelerate the attainment of SDGs
The United Nations system in Uganda is comprised of 29 entities that are implementing the UN Sustainable Development Cooperation Framework…
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News
Women-led SMEs to benefit from Equity Bank’s SME Guarantee
Women-owned and led SMEs and the youth can access the funds through the Equitel menu, Equity branches, Eazzy Banking app,…
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Interesting Reads
M-Pesa is Expensive, Bank to Mobile Transfers are Free
M-Pesa is still very expensive especially for micro-transactions. For example, someone sending KES. 20,000 pays KES. 102, which is 0.51%…
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Opinion
Banks need to do more to counter rising fraud cases in Kenya
Whenever we try and make something simple, more accessible, and easier to use, that ease of use brings about the…
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Announcements
Equity ranked 2nd Most Valuable Kenyan Brand by ‘Brand Finance’
The inaugural Brand Finance Africa 150 2020 ranking saw Equity ranked in position 69 in Africa. Equity was a front…
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News
Huawei partners with Kenya Bankers Association to foster Financial Inclusion
Huawei Kenya has today announced the signing of a an agreement with the Kenyan Bankers Association (KBA) that will seek…
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News
Standard Chartered Bank launches Mobile Traded Bond
The minimum investment amount for the SC Mobile traded bond has a face value of KSh100,000 while the maximum one…
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News
Safaricom plans to monetise Customer Location Data
Safaricom has invited bids from companies to help it build profiles of their customers based on telephone usage, and location.…
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News
AfDB and Microsoft Partner to help African Youth Learn Code
The goal is to scale up the program to 130 centers of excellence across the continent over a 10-year period