Kenya

Here’s What You Need to Know About the Finnovex East Africa Summit 2022

The highly anticipated second annual Finnovex East Africa Hybrid Summit is set to kick off this April 20-21, 2022. The summit’s organiser Exibex said that it is preparing to host a gathering of 350+ attendees to hear from 20+ industry

Read More

OpenWay Expands Its Networks With Partners in East Africa

OpenWay, a digital banking and payment software provider, has announced two new implementation partners in East Africa — TechNote, along with iCon Transactions and Tracing Technologies (iT&TT). These new additions to OpenWay’s partner network will allow its clients to reduce

Read More

6 Biggest African Fintech Hubs Take the Spotlight

African fintech hubs have grown rapidly in the past few years, leading to pockets of fintech development across the continent. According to Findexable’s Global Fintech Rankings Report, 14 of the top Middle East and African fintech hubs came from the

Read More

Asante Raises US$7.5m Series A for MSME Lending Platform

MSME lending startup Asante Financial Services Group announced that it has raised US$7.5 million in the first tranche of its Series A fundraise. The round was led by Goodwell Investments with participation by investors including Sorenson Impact Foundation and Forsage

Read More

Consumer Credit Startup Tala Raises US$145m in Series E

Global consumer financing app Tala has raised US$145 million in a Series E round, the startup announced recently. The funding was led by California-based AI lending platform Upstart. Participating investors included new investors Stellar Development Foundation, Kindred Ventures and the

Read More

Thunes and M-Pesa Tanzania to Boost Cross-Border Payments in East Africa

Global cross-border payments company Thunes has announced a partnership with M-Pesa Tanzania to launch a new service corridor, a statement from the company said. The service will allow users of M-Pesa Tanzania to transfer money directly from M-Pesa mobile wallets

Read More

Kenya SME Lender Pezesha Raises Seven-Figure Seed Extension

Kenyan fintech startup Pezesha has secured a seven-figure seed extension round led by GreenHouse Capital (GHC). The round also included GHC’s sister company Venture Garden Group, which provided “on-lending liquidity support,” the company said. The funding will be used to

Read More

Meet The Winners Of The Search – Africa Stop By ADGM

The African fintech space is undergoing a phase of radical growth, as speakers at The Search – Africa Stop 1 highlighted. Africa is at the epicenter of a fintech evolution. What started as a burst of growth in payments tech,

Read More

AAR Insurance Partners With Safaricom to Migrate to AWS Cloud

AAR Insurance has inked a deal with telecommunications provider Safaricom to roll out new technology infrastructure based on the Amazon Web Services (AWS) as part of its goal to be a full digital insurance company. The medical underwriter has begun

Read More

South Africa, Nigeria and Kenya: Africa’s Largest Fintech Hubs

In Africa, South Africa, Nigeria and Kenya have the three most developed fintech ecosystems, combining more than 450 companies. This burgeoning industry has been driven by strong demographic indicators, increased connectivity, early regulation, and proactive governments. South Africa: an early

Read More