A mobile money transfer service launched by Safaricom that has revolutionized financial transactions in Kenya, significantly contributing to the economy.
Fintechs expanding between Kenya and Rwanda may soon need one licence
Kenya and Rwanda signed a memorandum of understanding to develop a licence passporting framework for payment service providers. The framework will allow fintechs licensed in one country to operate in the other without seeking new regulatory approval.
“Where there’s mystery, there’s margin”: How fintech twin brothers built WapiPay
Eddie and Paul Ndichu gave their first media interview together at WapiPay's new headquarters in Nairobi. The twins faced financial struggles while studying in Australia after their father's death, which taught them the value of money.
Are African tech startups shifting from blitzscaling to strategic acquisitions?
Blitzscaling defined African tech in the 2010s, but capital scarcity has forced a reset. Acquisition activity is rising while late-stage mega-rounds are thinning out.
Payd taps Noah for stablecoin-powered payments for African freelancers
Payd partners with Noah to enable international payments using stablecoins for African freelancers. Freelancers lose up to 10% of income due to high fees and slow bank transfers.
Safaricom Partners with the Nairobi Securities Exchange to Launch a New Platform
Safaricom and the Nairobi Securities Exchange launched Ziidi Trader on the M-PESA app. Ziidi Trader allows Kenyans to buy and sell listed shares directly from their mobile phones.
