Finance and Fintech
Delving into different varied fintech innovations that are reshaping banking, investments, and payments globally.
- News
Carrefour, KCB and Mastercard launch a prepaid card for grocery shopping
Carrefour, KCB and Mastercard launched a prepaid card topped up from any country. Fees, exchange rates and usage limits are…
- News
Visa hires Airtel Money Kenya’s Anne Kinuthia-Otieno to run its East Africa business
Visa has appointed Anne Kinuthia-Otieno as head of East Africa from 4 August, five days after she left Airtel Money.
- Business
Nineteen Banks Now Send Money for KES 20 or Nothing on PesaLink. Equity, Co-op and NCBA Still Don’t.
Nineteen Kenyan banks now charge nothing under KES 1,000 and a flat KES 20 above on PesaLink transfers. Full list…
- News
Safaricom’s My OneApp now lets you send M-PESA money for free, but there’s a catch
Safaricom is ramping up its campaign to get customers onto My OneApp, and this time, it’s using one of the…
- Business
Ghana to Afghanistan: Visa Pay Reaches More Banks and Fintechs Through One Software Kit
Visa expands Visa Pay to 11 markets across Africa and Central Asia via an SDK, but Kenya is notably absent.
- News
Absa, Unilever launch KES 4 billion distributor financing plan
Absa and Unilever launch a KES 4 billion programme lending distributors up to KES 10 million unsecured via Wezesha Stock.
- News
Safaricom warns Ziidi Trader users against fake website
Safaricom has issued an urgent warning to customers after discovering a fake website impersonating its fast-growing Ziidi Trader investment platform.…
- News
PayPal Freezes and Blocks Kenyan Accounts Over Money-Laundering Checks
PayPal is freezing and blocking Kenyan accounts, demanding work contracts and proof of address as part of an anti-money-laundering crackdown.
- Business
The New “Royalty” Rule That Could Tax Visa, Mastercard and Every Card Swipe in Kenya
In December 2025, Kenya’s highest court handed banks a win they had chased for over a decade. The Supreme Court…
- News
Why Your M-Pesa Fees Could Rise on 1 July: The 16% VAT Proposal Explained
The Finance Bill 2026 rewrites the law a High Court used to rule payment provider fees are tax-exempt. If it…
- News
Apple Pay Lands in Mauritius via Visa and MCB. Kenya Still Not on the Map
Apple Pay goes live in Mauritius through Visa and MCB. Kenya remains locked out despite far larger card volumes.
- 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.
- 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
Safaricom FY26: M-PESA Hits KES 183 Billion, Now 45.6% of Revenue
M-PESA hit KES 183 billion, 45.6% of Safaricom Kenya revenue. Merchants doubled. Fuliza surged. The fintech shift accelerates.
- News
Apollo Agriculture and Kaleidofin Close Kenya’s First Private-Sector Agri Securitisation at KES 276 Million
The deal turns smallholder farmer loans into investable assets, and could unlock billions more in local currency financing.
