Hustler Fund Tops List Of Lenders to MSEs Survey
The Hustler Fund has emerged as the most preferred source of financing for Micro and Small Enterprises(MSEs). According to Finaccess MSE Tracker Survey, August 2023, besides the traditional sources of [...]
Flutterwave Receives First Name Approval from CBK as it Continues Rapid Expansion in Africa
Flutterwave Inc, the Pan-African payments company, is bullish about the future with plans to expand rapidly in the markets it operates. The company founded seven years ago has been on [...]
Nigerian Fintech Moniepoint Set To Acquire Kenyan Firm Kopo Kopo Inc
Moniepoint Inc, a Nigerian and US based fintech specialized in offering banking services to businesses, is set to acquire 100% of the shares of Kopo Kopo Inc, a Kenyan fintech [...]Hisa Partners with INGOT Brokers to Open up Global Markets to Kenyan Traders
INGOT Africa Ltd (INGOT Brokers), a leading regulated brokerage firm, is pleased to announce its newest partnership with Hisa, a renowned trading app in Kenya. The partnership was launched on [...]Kenya’s Fintech Firms raise USD 280M in First-Half of 2023
Kenya is among the top three countries in Africa with the bigger portion of fintech funding in the first half of 2023. According to Afridigest Fintech Transactions Database, Kenya’s share [...]M-Pesa Goes Live in Ethiopia
Safaricom's mobile money service M-Pesa, has officially launched its operations in Ethiopia, three months after the telco received a license from the National Bank of Ethiopia. Safaricom Ethiopia said M-Pesa [...]Buy Now Pay Later: How Tech is Unlocking Financial Barriers in Goods, Services Acquisition
The fate has united tech companies, merchants and financial services providers to unlock financing headache hindering many consumers in owning desired property. Tech companies are innovating around buy and pay [...]India injects Sh285.7M in Africa Digital Financial Inclusion Facility
The Indian government will contribute Sh285 million ($2 million) to theAfrica Digital Financial Inclusion Facility (ADFI), affirming its commitment to help break down barriers to the growth and uptake of [...]Capital Markets Authority Cautions Kenyans Against Worldcoin
The Capital Markets Authority (CMA) has cautioned Kenyans against dealing with unregulated entities as cryptocurrency project Worldcoin continues to gain momentum in the Kenyan market. Worldcoin, a blockchain company founded [...]Safaricom's Buy Now Pay Later Service Goes Live
Safaricom and EDOMx, a Kenya-based fintech, have joined forces to Buy Now Pay Later service dubbed Faraja following approval from the Central Bank of Kenya. With the partnership, over 32 [...]Insights into Identity Verification in Africa's digital economy
In the ever-evolving landscape of Africa's digital economy, identity verification has emerged as a pivotal pillar in driving financial inclusion and secure digital transactions. However, the World Bank estimates that [...]
Smile ID Releases H1 2023 Africa KYC Report Highlighting Identity Fraud Trends and Verification Insights
Smile ID (formerly Smile Identity), the leading identity verification and digital Know Your Customer (KYC) provider in Africa, has unveiled its highly anticipated half-year 2023 KYC Report. Drawing on data [...]
