Articles with tag: kenya

Found 23 results in 234 milliseconds.

ARO, Fiserv partner for card management and processing in Africa

04 Aug 2020 | Cards

Payments fintech Fiserv has announced a partnership with Absa Regional Operations (ARO) to support credit card management and processing in nine African nations. 

Absa ARO, Fiserv, card management, card processing, Africa, Absa Regional Operations, card platform, Barclays, Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, Tanzania, Uganda, Zambia, FirstVission, processing, risk management, loyalty programme, card issuing, API, application development

Airtel Africa, Mukuru partner to enable cross-border payments within Africa

28 Jul 2020 | Mobile Payments

Telecommunications and mobile money services company Airtel Africa has partnered with Mukuru to enable its customers  cross-border payments.

Airtel Africa, Mukuru, cross-border payments, Africa, Airtel Money wallet, mobile wallet, kiosks, Malawi, Zambia, Uganda, Tanzania, Kenya, Democratic Republic of Congo.

Equity Bank secures USD 50 mln IFC-loan for Kenya-based SMEs amid COVID-19

22 Jul 2020 | E-invoicing, SCF & E-procurement

World Bank Group member IFC has provided a $50 million loan to Equity Bank Kenya to help small and medium-sized enterprise (SME) clients facing COVID-19 challenges.  

World Bank Group, IFC, Equity Bank, Kenya, Africa, SMEs, loan, lending, COVID19, Kenyan businesses, trade, transport, pandemic, trade chain, value chain, foreign financing flow, tourism revenue

Uber, Flutterwave partner to launch Uber Cash in Africa

10 Jun 2020 | Mobile Payments

Uber has partnered with US-based fintech company Flutterwave to launch its Uber Cash digital wallet feature in Africa.

Uber, Flutterwave, launch, Africa, digital wallet, Barter payment app, Visa, South Africa, Kenya, Nigeria, Uganda, Ghana, Ivory Coast, Tanzania, Nigeria, unbanked populations, mobile money

Central Bank Kenya to acquire Imperial Bank

27 May 2020 | E-invoicing, SCF & E-procurement

Central Bank Kenya (CBK) has decided to acquire Imperial Bank, which is now under receivership.

KCB, Kenya, Imperial Bank, Central Bank of Kenya, commercial bank, banks, banking, Kenya Deposit Insurance Corporation, KDIC, The National Treasury and Planning

Visa, Safaricom team up on M-Pesa, payments, and tech

04 May 2020 | Online Payments

Visa has teamed up with Kenyan telecom Safaricom, operator of the M-Pesa mobile money product, on payments and tech.

Visa, Safaricom, M-Pesa, payments, tech, financial inclusion, fintech, mobile payments, Kenya, ecommerce, merchants

Jumia, Twiga team up on produce in Kenya

30 Apr 2020 | Ecommerce

Ecommerce company Jumia and B2B agtech startup Twiga Foods have partnered to deliver produce in Kenya.

Jumia, ecommerce, Twiga Foods, Kenya, JumiaPay, app, COVID-19

Egypt's CIB expands presence in Kenya by acquiring majority stake in Mayfair Bank

28 Apr 2020 | E-invoicing, SCF & E-procurement

Egypt-based Commercial International Bank (CIB) has received the regulatory nod from the Central Bank of Kenya (CBK) to acquire a 51% stake in Kenya-based Mayfair Bank.

Egypt, CIB, Mayfair Bank, Kenya, CBK, bank, market share

Vodafone completes the sale of M-Pesa to Safaricom and Vodacom

16 Apr 2020 | Mobile Payments

Mobile network operator Safaricom and mobile communications company Vodacom have completed the acquisition of mobile money platform M-Pesa from Vodafone.

Vodafone, M-Pesa, Safaricom, Vodacom, mobile network, transactions, Kenya, mobile money, loans, banks, merchant, payments

Airtel waives fees for all mobile money transfers in Kenya

18 Mar 2020 | Mobile Payments

India-based telco Airtel has announced that it will waive all person to person transaction fees for Kenyan Airtel Money customers for the next 90 days.

Airtel, money transfer, money transfer fee, telco, mobile payments, Kenya, India, Africa, Covid-19

Sokowatch raises USD 14 mln to digitize Africa's informal B2B supply-chain

25 Feb 2020 | E-invoicing, SCF & E-procurement

Kenya  based B2B ecommerce startup Sokowatch has raised USD 14 million in Series A funding to revamp supply-chain markets for Africa’s informal retailers.

 

Sokowatch, funding round, series A funding, Unilever, Proctor and Gamble, B2B ecommerce startup, supply chain finance, access to capital, B2B payments, Kenya, Rwanda, Tanzania, Uganda, Africa

Pan-African digital bank for Africans Carbon launches in Kenya

23 Dec 2019 | Online & Mobile Banking

Carbon, a consumer-facing lending platform by Nigerian parent company, OneFi, has announced its launch in Kenya.

Carbon, Nigeria, OneFi, Kenya, East Africa, TransUnion CRB, M-PESA, , digital-only banking platform, digital banking, Africa, utility bills, money transfer, minute loan services, cashback, loan top-ups, Amplify

Afreximbank supports intra-regional trade with USD 25 bln

24 Jun 2019 | E-invoicing, SCF & E-procurement

African Export-Import Bank has disbursed USD 8 bln out of the USD 25 bln it planned on a revolving basis to support intra-regional trade between 2017 and 2021.

Afreximbank, African Export-Import Bank, trade finance, trade finance credit facility, trade finance platform, Africa, South Africa, Gabon, Cote dIvoire, Nigeria, Malawi, Togo, Kenya, intra-regional trade

WorldRemit launches service for business payments to Nigeria

19 Jun 2019 | Payments General

UK-based money transfer service WorldRemit has launched a service that enables Nigerian SMEs to pay employees and contractors in 140 countries worldwide.

WorldRemit, WorldRemit for Business, SMEs, business payments, Nigeria, Africa, payments, B2B payments, Ghana, Kenya, South Africa

PayU launches payment operations in Kenya

12 Jun 2019 | Online Payments

PayU has announced the launch of a payment service for the East Africa region, to help accelerating the digital payment market in the region.

PayU, payments, Kenya, Africa, Cellulant

DPO Group rolls out B2B virtual and prepaid payment card

07 Jun 2019 | Cards

DPO Group has announced the launch of DumaCard, Africa’s first business to business payment card.

DPO Group, Africa, B2B card, prepaid card, Kenya, Tanzania

Copia rolls out rural ecommerce service

15 Apr 2019 | Ecommerce

Kenya-based startup Copia has rolled out an ecommerce service that allows people living in urban areas to buy goods and have them delivered to their friends and family upcountry.

Copia, Kenya, Africa, startup, ecommerce

Safaricom to use M-Pesa payments on AliExpress.com

13 Mar 2019 | Payments General

Safaricom has inked a deal with Alibaba to use its M-Pesa mobile payment service for online shopping on AliExpress.com.

Safaricom, M-Pesa, payments, AliExpress.com, China, Kenya, Alibaba

Biometric registration pilot project launched in Kenya

25 Feb 2019 | Digital Identity, Security & Online Fraud

A pilot project to test the USD 60 mln biometric registration plan to enroll more than 50 million Kenyans in a digital database has launched in 15 countries.

biometrics, Kenya, digital database, ID, government, fingerprints, earlobe geometry, iris scans, voice samples

Kenya-based Pesapal expands digital payment portfolio

24 Jan 2019 | Online Payments

Digital payment solutions provider Pesapal has announced that it can now process payments for low cost airline carriers in Kenya.

Pesapal, Jetways Airlines, Silverstone Air, Skyward Express, e-payment, Kenya, PSP, MPES, Visa, mVisa, Mastercard, American Express