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Kopo Kopo Mobile Money Merchant Services Platform Secures $2.6 Million in Financing

Kopo Kopo, a merchant services platform serving thousands of businesses in East Africa, announced that it raised $2.6 million in Series A financing. Javelin Venture Partners led the round with Read More →

Equity Bank Group Strengthens with ICT, Innovation And Product Rollout

Equity Bank Group’s focus on enhancing affordability, accessibility and convenience has seen its growth momentum maintained for the period ended 30th September 2013. The regional banking group has posted a 17% Read More →

Kenyan Banking Industry Upgrades ATM network to Increase Security

The Kenyan banking industry has successfully upgraded its Automated Teller Machine (ATM) network following an industry wide initiative that was spearheaded by the Kenya Bankers Association (KBA), the industry umbrella Read More →

Equity Bank and PayPal bring Global eCommerce to Kenya

Equity Bank and PayPal announced that merchants in Kenya can now sell to PayPal’s global customer base of more than 137 million active accounts in 193 markets around the world Read More →

Nakumatt Collaborates with MasterCard to Launch new Card to Over One Million Customers

Leading Regional East African retail chain Nakumatt Holdings Limited today launched the Nakumatt Global Prepaid MasterCard card, in partnership with Kenya Commercial Bank and Diamond Trust Bank. The new card, which Read More →

KCB Launches M-Benki

KCB Bank Group has today made a key milestone in its technology-driven innovation targeting the unbanked population by launching a new product dubbed KCB M-Benki, the first in Kenya and Read More →

Bango and MMIT introduce M-Iflọ Digital Content Payment Solution for Africa

Bango and MMIT have released M-Iflọ, a payment solution that enables online transactions for digital content. M-Iflọ navigates the mobile payment environment in Sub-Saharan Africa and is tailored to the Read More →

New Queue Management System in KCB Branches

In order to improve and track the quality of service offered to customers, KCB are rolling out a queue management system in some of their branches.  The bank has already Read More →

South Africa, Kenya Ranked Top Users of Cashless Payments in Africa

South Africa and Kenya are leading the continent in embracing and adopting cashless payments, according to the results of a new global survey. Dubbed The Cashless Journey, the report shows that Read More →

Kenyan Government Announces Rollout of Secure Online Transactions

The Kenyan government will roll out digital signatures in the next two months to ensure an online identity and verification system to enhance security for online transactions. Speaking at the African Read More →

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