Financial Inclusion

Visa Innovation Studio
TECHNOLOGY

Visa Innovation Studio: A Hub for Co-creating Future Payment Solutions in Africa

Visa, the global leader in digital payments, recently launched its first dedicated innovation site in Sub-Saharan Africa: the Visa Innovation Studio, in Nairobi, Kenya. The studio has been established to…

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worldcoin
TECHNOLOGY

There is nothing fishy about Worldcoin collecting iris data

Worldcoin is a new cryptocurrency project that aims to create a global identity and financial network for everyone. It uses a device called an orb that scans people’s irises to…

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mobile insurance
TECHNOLOGY

Despite past failures, Airtel once again moves to setup an insurance product in partnership with Britam and Inclusivity

The success of MPESA made many think that anything mobile can succeed in Kenya, but this hasn’t been the case for insurance providers. Many attempts by Airtel and even Safaricom…

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faraja
TECHNOLOGY

Interest free loans for up to Kshs 100K from Safaricom and Faraja are here – but only for shopping

Shopping online or offline can be a hassle when you don’t have enough money to pay for what you want. You might have to wait until your next paycheck, borrow…

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AIfluence
TECHNOLOGY

AIfluence has emerged the winner of Visa Everywhere Initiative Kenya Edition 2023

AIfluence, Africa’s first AI-driven influencer marketing platform, has emerged as the winner of the Visa Everywhere Initiative VEI Kenya Edition 2023. The startup beat four other finalists to clinch the…

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women-led tech
TECHNOLOGY

KCB has brewed a partnership with Strathmore to sponsor 15 women-led tech StartUps

KCB has brewed a partnership with Strathmore to sponsor 15 women-led tech StartUps. The partnership will see the 15 women-led startups undergo 12 weeks of business incubation training under the…

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anwar soussa
TECHNOLOGY

Safaricom losses Anwar Soussa, the telco’s Ethiopian CEO

Safaricom PLC, the leading telecommunications company in Kenya, has announced the resignation of Anwar Soussa, the CEO of Safaricom Ethiopia. Mr. Anwar Soussa has been at the helm of Safaricom…

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Visa Africa
TECHNOLOGY

Visa Announces Launch of Visa Africa Fintech Accelerator Program

Visa (NYSE: V) has announced the launch of the new Visa Africa Fintech Accelerator program to help enable Africa’s expanding start-up community through expertise, connections, technology, and investment funding.  The…

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MPESA in Ethiopia
BUSINESS

Safaricom licensed to operate MPESA in Ethiopia as its annual profit jumps to Kshs 74.5 billion

Safaricom (NSE: SCOM) Telecommunications Ethiopia has today officially been granted the license to operate MPESA in Ethiopia. The license came seven months after the commercial launch of GSM services. The…

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QR Standard
BUSINESS

CBK has launched a new QR Standard aimed at streamlining payment services in Kenya

The Central Bank of Kenya (CBK) has announced the issuance and implementation of the Kenya QR Standard 2023 (KE-QR Code Standard 2023), which will guide how Payment Service Providers and…

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hand in hand
TECHNOLOGY

How Visa and Hand in Hand helped Kenyan entrepreneurs increase their incomes amid Covid-19

Hand in Hand, Kenya’s Micro-Enterprise Success (KMES) programme funded by Visa, has resulted in participating entrepreneurs increasing their incomes by an average of USD $156 (Approximately KES 20,000) per month….

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kwara
STARTUPS

Kenya Fintech startup Kwara Raises $3M Seed Extension

Kwara raises $3 million seed extension and signs an agreement to acquire a subsidiary of the Kenyan Union Of Savings and Credit Cooperatives (Kuscco). Thirteen months ago, Kwara raised $4…

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investments
TECHNOLOGY

Visa Pledges $1bn Investments in Africa to Accelerate Digital Transformation

Visa has pledged to invest $1bn investments in Africa over the next five years in a bid to promote resilient, innovative and inclusive economies on the continent. The new funds…

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Financial Inclusion
BUSINESS

Financial Inclusion and the Role of Payment Systems

In the tech world, at any given time there is always a buzzword that marketers use to market already existing technology. For example, when guys wanted to market data, they…

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