Banking
Explore the latest trends, technology advancements, and regulatory changes impacting the banking sector.
- News
‘Absa Visa Send Money’ service launched for domestic & international remittances
Absa and Visa have partnered to launch a domestic and cross-border remittance service called "Absa Visa Send Money"
- 24 Bit
Podcast: The State of Banking Apps in Kenya in 2022
We sat down to discuss the state of banking apps in Kenya; How we find the apps, what's good and…
- News
Paul Russo named KCB Group CEO as Joshua Oigara exits
Paul Russo has today been appointed KCB Group PLC Chief Executive Officer replacing Joshua Oigara. This is effective May 25th…
- News
Skaleet is partnering with Thunes to expand cross border payments worldwide
Skaleet has announced partnership with Thunes, leading global cross border payments provider and enabler of the PayPal to M-Pesa solution.
- Startups
Kenyan Fintech Credrails partners with Access Bank to foster finance in Africa
Credrails infrastructure connects banks, mobile money, and offline data into a single API to power the next generation of fintech…
- Announcements
Equity’s digital transactions up by 598% overtaking legacy banking
Equity has reported that its transformation efforts continue to face off the legacy banking model with over 590% jump in…
- Startups
Fonbnk raises $3.5 million Seed to serve the underbanked across Africa, Latin America & Asia
Fonbnk allows anyone that uses prepaid mobile SIM cards can easily obtain cryptocurrency assets by exchanging their airtime credits.
- Opinion
Opinion: Micro, Small and Medium Entrepreneurs Need Innovative Support for Quicker Recovery
Micro, Small and Medium Enterprises (MSMEs), have been particularly hard hit by reduced customer footfall and disruptions in supply chains
- News
Co-operative Bank reverses on M-Pesa fees after Twitter Uproar
The Co-operative Bank of Kenya has gone back on a decision to charge KES 42 fees on M-Pesa deposits. This…
- News
Solv, a B2B Marketplace by Standard Chartered, is launching in Kenya
Solv a marketplace for micro, small and medium-sized enterprises (MSMEs) by Standard Chartered is expanding to Kenya
- News
Standard Chartered launches ‘SC Shilingi’ Money Market Fund
The SC Shilingi Money market fund is a partnership between Standard Chartered Bank with Sanlam and Mangosteen BCC Pte Ltd
- Announcements
Equity bank’s USSD *247# now works across all networks
Equity Bank's USSD Service *247# can now be accessed across all networks including Safaricom, Airtel, Telkom and Equitel.
- News
I&M Bank rolls out unsecured loans of up to KES 3 Million
I&M Bank customers will access a minimum of 50K up to a maximum of 3 million without providing any collateral…
- News
Equity expands to Insurance Sector with launch of ‘Equity Life Assurance’
The insurance sector in Kenya is characterised by low penetration levels, currently estimated at 2.4% attributed to a number of…
- News
IFC becomes Equity’s second-largest shareholder
The International Finance Corporation (IFC) is set to become Equity Bank's second-largest shareholder after purchasing Britam’s stake