Tag: Fintech

The Central Bank of Kenya (CBK) has released its 2025 Bank Supervision Annual Report, and buried in nearly 180 pages ...

The Central Bank of Kenya (CBK) and the National Treasury have published a draft law that could change how banks, ...

KCB Group is buying a 22.23% stake in Pesapal, the East African digital payments company, according to details released by ...

Mobile money subscriptions grew 13.2% over the year to reach 54 million by June 2026, a penetration rate of 101.3%, ...

Stablecoins are becoming part of the bigger conversation about how money moves across borders. Unlike cryptocurrencies, which are often used ...

Kenyan-founded electronic invoicing firm DigiTax has set up offices in the United Arab Emirates (UAE) following receipt of pre-approval by ...

TechMoran has opened nominations for a new initiative called StartupEast, a conference and awards program built to spot early-stage startups ...

ZiiDi Trader, the M-PESA-based stock trading platform, has widened its net, loosening the identification rules that once limited who could ...

X has finally turned its long-promised payments feature into a real product. On July 27, 2026, X Money went live ...

Kenya has changed what counts as a royalty for tax purposes, and that change touches a lot of everyday business ...

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 landmark move for African tech has recently occurred after B2B e-commerce leaders Wasoko and MaxAB completed the continent's largest-ever ...

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 & ...