Tag: Branch
Branch Becomes The First Kenya Digital Lender To Own A Bank
Digital lender Branch has announced that it has acquired Century Microfinance Bank.
The development means that Branch is the only lender of its kind that...
Google’s Policing of Rogue Mobile Loan Apps is Hardly Effective and It Shows
A couple of days ago, it emerged that many loan apps were running their trade normally, with their tools live in Google Play Store...
Recent Interest Hike Erodes KCB M-PESA Customer Loyalty
Mobile loans and mobile loans apps have been making a killing in the Kenyan over the last couple of years. Their growth has been...
Branch Revamps Referral Program, Rolls out Flexible Repayments to Entice New and Current Users
Branch, a popular digital finance services app that launched in Kenya in 2015 boasts having over 2 million customers in sub-Saharan Africa. Since launching in...
Branch Welcomes Regulation Discussion with Govt, Secures KES 500 Million in Funding
Digital lender Branch has announced full repayment of a KES 500 million commercial paper, as well as the issuance of a fourth note of...
3 Easy Ways to Improve your Creditworthiness
Creditworthiness is how a lender determines how worthy you are to receive a loan and what loan amount you are eligible for. The journey to an excellent credit score is an intentional and tactical one.
Branch Raises USD 170 Million Series C, Intros in-app Virtual Card
Branch has today announced a new partnership with Visa which will see a virtual Visa prepaid debit cards being offered to over 2 million...
How This Fintech Has Adapted to the Entrepreneur Journey
In the past five years, mobile financial services have gone from “likely” to “bound to happen” to "now commercially accessible." In 2015, Branch disbursed...
Branch Issues 10 Millionth Loan in Kenya as it Raises KES 500 Million for Expansion
Popular digital lender Branch has announced its third and largest commercial paper issuance worth KES 500 million. The financial services firm’s latest commercial paper...
TECNO’s Parent Company is Coming for Branch, M-Pesa Pockets
With the growth of mobile money services in Kenya and around a few African countries it is only natural for any company with the...
Branch Raises KES 350 Million To Expand its Turf in Kenya
Branch, the popular loan app that was launched in the Kenyan market back in 2015 has announced plans to expand its trade in the...
Senegalese-Born Artiste Akon To Launch Cryptocurrency, Akoin and Other African Tech Stories
Akon to launch Akoin and is building his own Wakanda
The American-based Senegalese artist says the cryptocurrency will be the currency of choice in Akon...
Kenya’s Finance Ministry to Introduce Regulative Framework for Digital Lenders
The success of mobile lending apps is, admittedly, attributed to the foundation laid by M-PESA services. It is, perhaps, the primary factor that such...
Branch to Launch in India Following a $70 Million Series B Investment
Mobile loans apps have been booming for the past half a decade or so. It is a lucrative market that continues to see new...
Branch Mobile Lending App Disburses 4 Million Dollars in Loans Monthly
If you have never heard of Branch, pay attention. Branch is a mobile lending app, founded in 2015, that offers loans of up to...
Mobile Money Solutions for Loans Still Soaring as Branch Reports a 15% Monthly Bump Since Launch
Branch, a Facebook-linked app that allows its users to score small loans through Safaricom’s mobile payment solution, M-Pesa has reported a 15% monthly growth.
The...
The World of FinTech that Revolves Around M-Pesa and the Threat it Poses to Banks
Since M-Pesa was launched back in 2007, it is not a secret that lives have been changed. M-Pesa has changed how Kenyans do transactions,...
Branch launches Operations in Tanzania as loan Disbursements Hit 450,000
In March, local loan app branch announced that they had received an investment of $9.2 Million from renowned venture capital fund Andreessen Horowitz. The Series A equity...
Kenyan Loan App Branch raises $9.2 Million from Andreessen Horowitz, Investors in Facebook
A local loan app branch has received an investment of $9.2 Million from renowned venture capital fund Andreessen Horowitz. The Series A equity funding...
