Tag: Fintech

Visa Fintech Accelerator Nairobi Demo Day Set

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

Flutterwave Abruptly Loses CFO While Planning a US$50 Million Kenya Investment Drive

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Payments company Flutterwave is on the search for a new Chief Finance Officer (CFO). This comes after the serving CFO abruptly announced his exit...
Swedish BNPL Klarna

BNPL Company With Over 150 Million Customers Makes its First Profit in 4 Years

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Klarna Bank AB, often simply known as Klarna, is a Swedish financial technology (fintech) firm that specializes in offering a wide range of online...
African Fintech surge in acquisitions

African Fintech Boom: 270% Surge in Acquisitions in 2 Years

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

Cellulant Lays Off 20% Workforce to Focus on Revenue Generators

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Cellulant, a Pan African payments firm has announced it will be adopting a product-led structure as its anchor for increased growth across the continent....
fintech scholarships

USIU, Exness Partner to Bring Fintech Scholarships to Kenya

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United States International University (USIU) has partnered with multi-asset broker Exness to bring its Fintech Scholarships program to its students in Kenya. The program aimed...
45 Flutterwave bank accounts and 10 paybill numbers frozen

45 Flutterwave Accounts Frozen by Kenyan Court

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

Unlimit a Global Fintech Launches in Kenya

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Unlimit a global Fintech based in London has formally launched in Kenya. Kenya becomes the second African country for the fintech after Nigeria. In line...
Airtel Uganda Open API

Airtel Uganda launches Payments Open API

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

The 9th Africa Fintech Summit to Spotlight US-Africa Tech Connection, Fintech Regulatory Best Practices

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The 9th edition of the Africa Fintech Summit (AFTS) is scheduled to take place in Washington DC, USA, on April 12, 2023, and will...

African Startups and VCs Need a More Sustainable Model Amongst Themselves

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Throw me stones if you may, but the fintech narrative is the biggest gainer in Africa topping Nigeria and Kenya, yes, they are amazing solutions but it’s the easiest means to top the charts.

Kenya Fintech Company Kwara Purchases IRNET from KUSCCO

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Kenyan fintech company, Kwara, has agreed to fully acquire software company IRNET Coop Kenya Ltd, a subsidiary of the Kenya Union of Savings and...

Fintech Firm Virtual Pay Receives Payments Services License from CBK

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Payments firm Virtual Pay International Limited has announced that it has received a Payment Service Provider (PSP) to carry out Payment Gateway Services from the CBK. This...

President Kenyatta Opens Nairobi International Financial Centre, Will Boost Fintech and Manufacturing

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The Nairobi International Financial Centre (NIFC) has been launched in Nairobi. During its opening, which was witnessed by President Kenyatta, it emerged that the Centre...

How Influencer Marketing Can Unlock Opportunities for Fintechs

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The global fintech market is valued at close to USD 7300 billion and is projected to grow at an annual rate of 26.87%, a...
African Apps Market

African Mobile App Market Is Booming Propelled by Growing Fintech Space – Report

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The Kenyan mobile app and the overall African mobile app market has shown significant growth propelled by a growing fintech space, a rise in...
Ed Magema Chipper Cash

Chipper Cash Raises $6 Million For Expansion as Africa’s Fintech Scene Heats Up

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Chipper Cash has raised $6 million and they plan to use that money for expansion, which has been a theme for fintech companies in the continent
google playstore predatory loan apps

Google Cracks the Whip on Predatory Loan Apps on Play Store

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You may have seen a deluge of loan apps on the Play Store and they have become quite popular since they offer easy credit...
Dan Karuga - GM Branch East Africa

How This Fintech Has Adapted to the Entrepreneur Journey

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In the past five years, mobile financial services have gone from “likely” to “bound to happen” to "now commercially accessible." In 2015, Branch disbursed...
fintech

KBA to Explore Steps in Streamlining Fintech As a Disrupter in the Credit Market

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The explosion of finetch products continues to take an upward trajectory as new services are launched every passing year. This development, which is marked...
Branch App

Branch Mobile Lending App Disburses 4 Million Dollars in Loans Monthly

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If you have never heard of Branch, pay attention. Branch is a mobile lending app, founded in 2015, that offers loans of up to...
fintech

Kenyan FinTech Startups Pezesha and Pula Among Recipients of a $250,000 Investment

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Digital Financial Services Lab (DFS), an early-stage incubator that supports high potential entrepreneurs refine, grow and launch FinTech businesses in developing countries, has announced that...
Ecobank Fintech Challenge 2017

Five Kenyan Startups Qualify for Ecobank’s Fintech Challenge Competition That Will Be Held in Togo

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Ecobank, an independent Pan-African banking organization that has its business in 36 African nations (primarily in the West and Central African regions) has revealed...
fintech

Kenyan and Nigerian FinTech Startups Get $50,000 Investment Each from Village Capital

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Village Capital is a global venture firm that discovers, develops, and invests in entrepreneurs solving real-world problems. The company, through a three-month investment readiness...

Kenya and Australia Partner to Promote Innovation in Financial Services

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The Capital Markets Authority of Kenya (CMA) and the Australian Securities and Investments Commission (ASIC) have partnered with the view of promoting innovation in...

Visa and VC Firm Nest to hold a 4-Day FinTech Innovation Bootcamp

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Visa and venture capital firm nest have announced a partnership in launching a 4-day FinTech boot camp designed at helping entrepreneurs shape the future of...

The Global FinTech Hackcelerator is Seeking Grand Solutions in Fintech

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The inaugural Global FinTech Hackcelerator has been announced which is a platform for Fintech startups to showcase their solutions.  The hackcelerator, also a Metta opportunity...

Story Of Persistance: How A Kenyan “Villager” Built a World Class Startup

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Last night saw the launch of Paykind, an online e-voucher platform that provides for transparent, track-able mobile payment. How? One can instantly send vouchers...

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