Discover all the payments and fintech-related news and analysis about Kenya in The Paypers News, Reports, along with other Kenya-specific insights on the payments and fintech industry:
Discover all the payments and fintech-related news and analysis about Kenya in The Paypers News, Reports, along with other
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KCB Bank Kenya has teamed up with Mastercard to introduce a multi-currency prepaid card that supports 11 hard currencies in Kenya.
partnership, cross-border payments, travel payments, credit card, financial services
Kenya-based communication solutions company Safaricom and the Higher Education Loans Board (HELB) have partnered to launch the HELB mobile wallet and HELB M-PESA mini app.
product launch, mobile payments, lending, digital wallet, partnership
The Central Bank of Kenya (CBK) has announced the launch and implementation of the Kenya QR Code Standard 2023 to increase the usage of digital payments.
product launch, payments , digital payments, digitalisation, QR code, QR payments, payment methods, PSP, banks, card scheme, fintech, financial services, banking, mobile money, POS, ecommerce, Issuer, financial inclusion
Global fintech company Unlimit (previously known as Unlimint) has expanded its services into the Kenyan market, after receiving a Central Bank of Kenya licence.
expansion, mobile payments, online payments, digital payments, ecommerce
Kenya-based communication solutions company Safaricom has partnered with EABL and Vivo to launch the Bar and Shell apps on the M-PESA application.
partnership, payments , online payments, digital payments, mobile payments
Africa-based telecommunication company Safaricom and US-based lending provider EDOMx have partnered to extend BNPL to Lipa Na M-PESA businesses.
partnership, BNPL, ecommerce, retail, marketplace, financial inclusion, digital payments, digitalisation
Kenya’s interior ministry has revealed that it has suspended the activities of cryptocurrency project Worldcoin over safety concerns.
cryptocurrency, blockchain, digital identity, biometrics
Communication solutions company Safaricom has announced a partnership with Uber that is set to enable Kenya-based riders to pay for trips through the mobile money service M-PESA.
partnership, payments , paytech, fintech, payment methods, mobile money, mobile payments, financial inclusion
Paymentology, a global issuer-processor company, has announced its partnership with a Kenyan technology company, Boya, aiming to simplify expense management for businesses in Kenya.
partnership, online payments, spend management, fintech
The competition ombudsman in Kenya has allowed Moniepoint to buy Kopo Kopo, a Kenya-based provider of payment services and credit to businesses.
acquisition, expansion, regulation, digital payments, mobile payments
A Kenyan legislative committee has recommended the termination of Worldcoin in the East African country.
cryptocurrency, crypto asset, cryptocurrency exchange, regulation, data protection, data privacy
US-based lending provider EDOMx has partnered with B2B SaaS fintech finbotsAI to enable credit risk management using AI.
credit scoring, lending, partnership, financial inclusion, artificial intelligence
The government of Kenya has revealed its plans to introduce a digital identification system in December 2023 following a testing period.
identity verification, digital identity, regulation, identity fraud
iPay has announced its partnership with Visa in order to introduce the latter’s Tap-to-Phone technology to simplify digital payments for customers in Kenya.
partnership, digital payments, payments , online payments, mobile payments, remittance, money remittance, ecommerce
Vienna Payment Solutions has partnered with Interswitch East Africa (Kenya) to improve payment solutions for financial institutions, retailers, and hospitality industry participants.
mobile payments, POS, partnership, contactless payments, payments , payment methods
Visa has announced its partnership with Pesaflow in order to provide customers and clients in the region of Kenya with improved digital payments.
partnership, payments , digital payments, online payments, mobile payments, ecommerce, financial inclusion
Kenya-based Equity Bank has introduced instant withdrawal capabilities from PayPal in a bid to support Kenya’s digital economy.
product upgrade, instant payments, digital payments, ecommerce
US-based fintech LemFi has received regulatory approval from the Central Bank of Kenya (CBK) to operate remittances in Kenya.
remittance, mobile payments, digital wallet, FX , money transfer
US-based payment technology corporation Mastercard has expanded its collaboration with Equity Bank in a bid to improve cross-border payments for the latter’s users.
partnership, cross-border payments, transactions , financial services, expansion, remittance
Paymentology has announced its partnership with Diamond Trust Bank in order to drive Embedded Finance for customers in the region of Kenya.
partnership, embedded finance, banking, online banking, mobile banking, digital banking, financial inclusion