Finance and Fintech
Delving into different varied fintech innovations that are reshaping banking, investments, and payments globally.
- News
Google Pay tap-to-pay isn’t available in Kenya, despite a DTB pilot post
Google Pay already works online in Kenya, but tapping your phone to pay in shops doesn't yet.
- News
Africa’s Talking co-founder Sam Gikandi alleges seven months without pay in investor dispute
Africa’s Talking co-founder Sam Gikandi says he has gone seven months without a salary. He accuses the International Finance Corporation…
- 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
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.
- How To/ Explained
How to open a Jubilee Money Market Fund (KES) account online, step by step
A step-by-step guide to opening a Jubilee Money Market Fund (KES) account online: JAMHub, paybill 4103749, fees, minimums and withdrawals.
- Business
Apple Pay is finally coming to India, with October launch expected
Apple Pay is expected to launch in India in October with Axis Bank credit cards first, but without UPI support…
- Business
PAPSS payments grew 1,000% in a year, and Kenya is now on the network
PAPSS payments grew about 1,000% in a year. Kenya connected through Pesalink in February, and the average payment got smaller.
- Business
Absa will lend Shell station dealers the money to pay landowners rent years in advance
Absa Bank Kenya will finance Shell station dealers' upfront land rent and new site construction. No facility size was disclosed.
- 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.
- How To/ Explained
What Actually Happens When You Send Money, and Why SBM Now Does It for Free
Every time you send money in Kenya, the transfer takes a journey you never see. Your bank checks that you…
- News
Safaricom has switched on Tap to Pay in the M-PESA Business App
Safaricom has added Tap to Pay to the M-PESA Business App, letting merchants accept contactless payments on their phone.
- 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…
