How to Set Up and Install Starlink in Kenya 2025
Starlink is redefining internet access in Kenya, especially in rural regions. If you’ve just received your Starlink Mini Kit or Residential Kit, this guide walks you through how to set [...]
Microlender Real People Kenya Slashes Losses by 80%, Completes Management Buyout
Real People Kenya has posted a sharp improvement in its financial results for the year ended December 31, 2024, reducing its net loss by 80% to KSh 19 million from [...]
Value of Mobile Money Transactions Drops by KSh 154Bn KNBS
The value of mobile money transactions dropped by KSh 154 billion to KSh 636 billion in February from KSh 790 billion same period last year, according to data from the [...]
Safaricom's Dispute with Fintech Over M-PESA Bill Manager Escalates
Safaricom PLC is facing renewed legal pressure after the High Court declined to strike out a cross-appeal filed by fintech firm Kibo Capital Group in an ongoing intellectual property dispute [...]MyCredit Secures KSh 1.4bn for Onward Lending to Kenya's Private Schools
Digital credit provider MyCredit has secured KSh 1.4 billion in funding from global impact leaders Oikocredit and BlueOrchard to lend to private schools in Kenya. “By offering customized loan solutions, [...]
Users Turning to Mobile Money for Insurance Services Surge-GSMA
Insurance is the least adjacent financial service offered by Mobile money Providers (MMPs) after credit and savings, even though it grew last year to 28% compared to 19% in 2023, [...]Digital Bank Umba Raises US$5mn Debt to Expand Asset-Backed Lending in Kenya
Digital bank, Umba, has raised a US$5 million debt facility to scale its secured lending operations in Kenya, underscoring a growing interest among African neobanks toward sustainable, long-term credit products. [...]Fintech Customers Now Take Cyber Security Seriously, But Threats Remain
As cyber threats and cyber security tools evolve, 97% of consumers in Central and Eastern Europe, the Middle East, and Africa (CEMEA) now take steps to secure their online transactions, [...]KCB Group Acquires Majority Stake in Fintech Firm, Riverbank
KCB Group has ramped up its plan to consolidate agent banking channels into one platform with the planned acquisition of Riverbank Solutions, a fintech, for an undisclosed sum. “Across the region, [...]How Artificial Intelligence Is Transforming Financial Services
Artificial Intelligence (AI) is not just enhancing FinTech, it’s redefining the entire financial ecosystem. From automated decision-making and risk modeling to hyper-personalized customer experiences, AI is helping FinTech companies scale with precision and intelligence. [...]Small Construction Companies are Struggling to Repay Loans
The construction, mining, and hospitality sectors have the highest outstanding loans among micro, small, and medium enterprises (MSMEs), according to a recent CIS Kenya analysis. “Many sectors experienced volatility during [...]Rise, Parent Company of Hisa, Secures U.S. Broker-Dealer License
Rise, Hisa’s parent company, has secured a U.S. broker-dealer license through its affiliate, Risevest Financial Securities Limited. “We've successfully acquired a U.S. broker-dealer license through our affiliate, Risevest Financial Securities [...]
