Tag: Kenya
FinTech can grow in the UAE by targeting low income people
FinTech companies are cooperating with regulators and cybersecurity experts to develop niche technology for banking, unencumbered by legacy systems. Read more: www.thenational.ae
BitPesa & BitBond start bitcoin loans to Kenya
German blockchain loans provider BitBond has partnered with BitPesa to facilitate payments directly to Kenya mobile accounts. Read more: bitcoinist.com
FinTech and M-Pesa – what mobile money means
M-Pesa, the Swahili word for money, has literally transformed the ability for people to work, save, and pay for everything. Read more: banknxt.com
BitPesa nabs $2.5m for pan-African digital payments
Pan-African digital currency payments startup BitPesa has secured $2.5m in a Series A round. Read more: www.fintechroundup.com
Mobile banking lifts Kenyans out of poverty
Mobile banking may not be taking off in all corners of the world, but in Kenya, it is having a significant positive impact, with the use of mobile banking lifting 194,000 or more Kenyan households out of poverty from 2008 to 2014. Read more: www.pymnts.com
Kenyan banks are close to their perfect M-Pesa disruptor
Early next year, Kenyan banks are expected to unveil a digital and mobile money transfer platform to rival M-Pesa’s longstanding dominance as the scramble for cashless payments intensifies. Read more: www.qz.com
Visa to run FinTech bootcamp for African startups
Nest will work with Visa's teams in Kenya, South Africa, and the UAE to coach select startups and make introductions to the continent's financial services firms. Read more: www.finextra.com
PE fund backs Kenyan payments firm DPO Group
East African payments processor Direct Pay Online Group (DPO Group) has received an investment from Apis Partners. Read more: www.fintechroundup.com