Finance and Fintech
Delving into different varied fintech innovations that are reshaping banking, investments, and payments globally.
- 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…
- 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…
