Tag: Fintech

The story of M-Pesa is frequently told as a story of genius mobile money design. The reality is more interesting: ...

M-Pesa customers in Tanzania can now use their Android phones to tap and pay at any Visa-enabled point-of-sale terminal in ...

The Central Bank of Kenya (CBK) and the National Bank of Rwanda (NBR) have agreed to develop a license passporting ...

Kenya's financial system does not look the way it did a decade ago. Paying rent, settling utility bills, and even ...

Sitoyo Lopokoiyit, who serves as Managing Director of M-PESA Africa and Chief Financial Services Officer at Safaricom, was recently appointed ...

Starting in March 2026, Russia will ban digital services from automatically renewing subscriptions without explicit consumer consent. This rule applies ...

Safaricom has officially launched Daraja 3.0, a comprehensive overhaul of its M-PESA API platform. According to the announcement, the launch ...

The Kenya Revenue Authority (KRA) just lost a major legal fight over who pays what taxes in the digital payments ...

KCB Group has signed a deal to buy a minority stake in Pesapal, the Kenyan digital payments company that's been ...

Africa’s most influential technology and business leaders are gearing up for the CIO100 Symposium & Awards 2025, set to take ...

Kenyan businesses can now process instant payments up to KES 999,999 around the clock following a new partnership between spend ...

Safaricom has upgraded its M-PESA platform with a new core system called Fintech 2.0, the first major change since 2015, ...

PayU Kenya, a subsidiary of global payments firm PayU, has entered liquidation 6 years after launching in the East African ...

American payment card service provider Visa has officially built its first data centre in Africa as part of its $57 ...

Kenya’s mobile money ecosystem is experiencing remarkable growth, with subscriptions reaching 45.36 million, a 7.2% increase from the previous year. ...

AXIAN Telecom, a fast-growing telecom and digital services group in Africa, has acquired an 8% stake in Jumia Technologies, the ...

Despite a downward trend in global investment in African fintech since 2021, the industry’s landscape is evolving. A new report ...

A US federal court has ordered Nigerian businessman, Dozy Mmobuosi, to pay more than $250 million in fines and barred ...

A report on the African fintech ecosystem in 2023 found that Kenya has the third highest number of active fintech ...

The Central Bank of Kenya (CBK) has confirmed its plan to issue payment licenses to fintech startups that operate in ...

Zimbabwean fintech, Mukuru, is mourning after losing its staff members in a fatal road accident. An accident involving a company ...

The Fintech Association of Kenya (FINTAK) has appointed Dr. Juliet Ongwae as a Board Director, effective May 20, 2024. At ...

Paymentology, a global issuer-processor, announced its partnership with Diamond Trust Bank (DTB), a tier one East African commercial banking franchise. ...

NALA is a remittance payment processing platform licensed in the UK and United States. Benjamin Fernandes, the company’s Founder & ...

Global digital payment company Visa, will be hosting it's Africa Fintech Accelerator program demos. As if to showcase Nairobi's love ...

Payments company Flutterwave is on the search for a new Chief Finance Officer (CFO). This comes after the serving CFO ...

Klarna Bank AB, often simply known as Klarna, is a Swedish financial technology (fintech) firm that specializes in offering a ...

A report on the African fintech ecosystem shows the sector is in its prime. Additionally, the sector is driving financial ...

Cellulant, a Pan African payments firm has announced it will be adopting a product-led structure as its anchor for increased ...

United States International University (USIU) has partnered with multi-asset broker Exness to bring its Fintech Scholarships program to its students ...

Flutterwave has been hit by a court order freezing 45 bank accounts it owns. Furthermore 10 Mobile money wallets are ...

Unlimit a global Fintech based in London has formally launched in Kenya. Kenya becomes the second African country for the ...

Airtel Uganda today convened with Key industry stakeholders to launch an Open Application Programming Interface (API) for their payments products. ...

The 9th edition of the Africa Fintech Summit (AFTS) is scheduled to take place in Washington DC, USA, on April ...

Throw me stones if you may, but the fintech narrative is the biggest gainer in Africa topping Nigeria and Kenya, ...