Emerging markets fintech company M-KOPA has announced the appointment of Rajeev Suri as Chairperson of its Board, effective December 1, 2024. Suri is a recognised leader in technology and telecommunications, with deep experience leading companies [c]
By Thabo Molefe Despite the access to financial services that mobile money has introduced across Africa, a significant portion of the population remains unbanked and underserved. Data sharing holds the key to unlock the continents [c]
Mastercard has announced a strategic partnership with Lipa Later, a credit led and technology-driven fintech. The collaboration aims to accelerate the expansion of Buy Now, Pay Later (BNPL) payment services in Africa. The partnership is [c]
Safaricom and EDOMx have partnered to launch Faraja, a service that will enable more than 32 million customers buy on credit from businesses on Lipa Na M-PESA. Faraja enables customers to make purchases of between [c]
New research from Vodafone Group, Vodacom Group, Safaricom, and the United Nations Development Programme (UNDP) indicates that the successful deployment and adoption of mobile financial services is associated with a positive impact on GDP growth [c]
Ride-hailing platform, MARAMOJA Transport, has entered into a partnership with Switchlink Africa to provide access to its API that will enable service providers to connect with MARAMOJA’s over 100,000 drivers and customers via an Open [c]
Lendable has announced that it has invested over $100 million in credit, to help fintech companies in emerging and frontier markets to expand their operations and footprint. It has also become a 2X Challenge eligible [c]
Crown Paints and Aspira, a product-financing credit facility, have signed a partnership that will enable customers to purchase paint and pay in easy installments of up to 12 months. Crown Paints Group CEO Rakesh Rao [c]
Migo (formerly Mines.io), a startup which enables people to access and use credit in emerging markets, has completed a Series B equity round of $20 million led by Valor Capital Group, a Brazil-focused venture capital [c]
OPPO Mobile has entered into a partnership with Lipa Later, a credit offering company to allow customers to purchase OPPO devices by installment as it aims to increase the sales and set foot in the Kenyan market. [c]
Equitel’s loan products have emerged as the most common source of formal credit amongst Kenya’s refugee communities according to a recent report by the International Finance Corporation (IFC) dubbed Kakuma as a Marketplace. The report states [c]
I&M Bank has partnered with Visa Kenya to launch the I&M Bank Visa Infinite Credit Card and the I&M Visa Platinum Debit Card in Kenya for its Premium clients. Both cards have been developed with [c]
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