Kenya

Kenya’s Nomanini Launches Supply Chain Finance App
Kenya’s Nomanini Launches Supply Chain Finance App
June 27, 2022  |  B2B Payments

Kenyan FinTech platform Nomanini has launched StockNow, a supply chain finance solution designed to connect fast-moving commercial goods (FMCG) and financial service providers, according to...

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Central Bankers in Kenya, Nigeria Criticize Crypto, Tout CBDCs
Central Bankers in Kenya, Nigeria Criticize Crypto, Tout CBDCs
June 12, 2022  |  Cryptocurrency

Kenyan and Nigerian central bankers have said central bank digital currencies (CBDCs) could solve the risks cryptocurrencies have for financial stability, Reuters wrote Saturday (June...

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Kenyan Financial CEO: Crypto Could Enhance Mobile Money
Kenyan Financial CEO: Crypto Could Enhance Mobile Money
May 17, 2022  |  Cryptocurrency

Cryptocurrency will be able to supplement mobile money in Africa if lenders can convince regulators it’s worth it, according to the head of Kenya’s biggest...

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EMEA Weekly: Kenyan Mobile Service Providers Join Payments Network; Zilch, Experian Partner on Customer Affordability
EMEA Weekly: Kenyan Mobile Service Providers Join Payments Network; Zilch, Experian Partner on Customer Affordability
April 08, 2022  |  International

In this week’s top Europe, Middle East and Africa news, cell phone operators in Kenya are joining a central bank initiative to integrate the nation’s...

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Today in FinTech: RITMO Raises $200M; Applied Blockchain Prepares for $60M IPO
Today in FinTech: RITMO Raises $200M; Applied Blockchain Prepares for $60M IPO
April 08, 2022  |  Technology

In today’s FinTech news, Madrid-based FinTech company RITMO raises $200 million to grow its financing and payments platform, while bitcoin mining company Applied Blockchain plans...

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Kenyan Mobile Service Providers Link With M-Pesa Payments Platform
Kenyan Mobile Service Providers Link With M-Pesa Payments Platform
April 08, 2022  |  Payment Methods

Cell phone operators in Kenya are joining a central bank initiative to integrate the nation’s payment systems by allowing mobile payments across networks, Bloomberg reported...

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African B2B Commerce Platform MarketForce Raises $40M in Series A
African B2B Commerce Platform MarketForce Raises $40M in Series A
February 22, 2022  |  Investments

Business-to-business (B2B) commerce startup Marketforce raised $40 million in a Series A funding round to help the company grow its platform for retail distribution of...

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Wireless Firm Telkom Launches Mobile Money App
Wireless Firm Telkom Launches Mobile Money App
January 07, 2022  |  Mobile Wallets

The South African wireless provider Telkom says its Kenyan operation has launched an app for its mobile money product, T-Kash.  The company said in a...

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Kenya’s Supply Chain Financing FinTech IMFact Nets $4M
Kenya’s Supply Chain Financing FinTech IMFact Nets $4M
December 27, 2021  |  Investments

Kenyan FinTech company IMFact, which uses supply chain financing to provide working capital to microbusinesses and small- to medium-sized businesses (SMBs), has received an investment...

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