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  • [ January 27, 2023 ] AVA to assemble BasiGo’s electric-powered buses for Nairobi PSV operators CSR
  • [ January 27, 2023 ] mTek partners with Kyosk.app and Fin Africa to offer digital insurance services to over 100,000 retail outlets CSR
  • [ January 27, 2023 ] AFEX names new management changes as it expands operations to Uganda Analysis & Features
  • [ January 27, 2023 ] Kenya Association of Music Producers granted CMO license by KECOBO Analysis & Features
  • [ January 27, 2023 ] LG rolls out color changing fridge with upto 190,000 possible color combinations CSR
  • [ January 26, 2023 ] Almost 50% of cryptocurrency users fear losing money due to volatility, and no longer use digital currencies Analysis & Features
  • [ January 26, 2023 ] Top 5 data privacy trends that will rule 2023 Analysis & Features
  • [ January 26, 2023 ] Epson partners with dry Fibre Technologies to create designer recycled clothes BLOG
  • [ January 26, 2023 ] Kenyan fintech Kyanda Africa among 11 startups picked for Cohort 3 of Africa Startup Initiative Program Analysis & Features
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HomeFintech

Fintech

Analysis & Features

Kenyan fintech Kyanda Africa among 11 startups picked for Cohort 3 of Africa Startup Initiative Program

January 26, 2023 admin 0

Africa’s tech Accelerator, Startupbootcamp AfriTech, together with founding partner and leading telecom giant, Telecel Group have selected the participants of the much-coveted Accelerator Program, the Africa Startup Initiative Program (ASIP). The intrinsic value of startups [c]

Analysis & Features

Africa’s fintech revolution offers insight into the possibilities for healthtech 

January 25, 2023 admin 0

By Bongani Sithole COVID-19 had a profound impact on the globe, leading to changes both seismic and small in how we live our lives. The pandemic has also fueled a substantial increase in health and biotech [c]

Analysis & Features

Major fintech trends that will affect online businesses in 2023

January 12, 2023 admin 0

By Mikhail Marchenko Digitalization and technological achievements, which have been observed in the African region for the past decade, have sped up the inevitable processes in fintech, changing its landscape completely: indeed, we have witnessed [c]

CSR

Cellulant recognised as the best payments gateway brand in Kenya

December 29, 2022 admin 0

Payments technology company, Cellulant has been named as the “Top Payments Gateway Brand in Kenya” at the Top Star Brand Awards 2022. The award recognises Cellulant as a leader in fintech and payments acknowledging the [c]

Analysis & Features

Why online fraud is high during festive seasons and how to prevent it  

December 14, 2022 admin 0

By Chris Akolo Kenyan consumers have expressed a strong desire to buy more discretionary products during the festive season while coming out of the pandemic. However, Christmas and New Year’s Eve holidays for many online [c]

Analysis & Features

Appzone rebrands to ‘Zone’ as it aims to power global payments via its regulated blockchain network

December 10, 2022 admin 0

Appzone, one of Africa’s major fintech software providers, has rebranded to “Zone”, a regulated blockchain Payment Infrastructure company. By building Africa’s first layer-1 blockchain network, Zone will enable payments and the acceptance of digital currencies [c]

Analysis & Features

ThriveAgric, a Nigerian startup, crowned overall winner of Visa Everywhere Initiative

December 10, 2022 admin 0

ThriveAgric, a start-up that champions technology to transform the payments landscape for smallholder farmers, has been crowned winner of the Visa Everywhere Initiative (VEI), a global open innovation program and competition for start-ups and fintech [c]

Analysis & Features

OneOrder to use $3 million new investment to boost operations and hire new tech talent

December 6, 2022 admin 0

OneOrder, the Egyptian fintech-enabled restaurant management platform which provides food supplies to hotels, restaurants and cafes, has announced the close of a $3 million Seed round. Led by Nclude, this round also sees follow-on investment [c]

Analysis & Features

Two Kenyan projects among 30 initiatives picked as Anzisha Prize finalists

November 29, 2022 admin 0

The Anzisha Prize, Africa’s entrepreneurship initiative for young people between the ages of 15 and 22, has named the next cohort of 30 exceptional young entrepreneurs that will join its three-year Venture Building Program. Launched [c]

Analysis & Features

What is required to assist Africa’s technological advancement?

November 28, 2022 admin 0

In a panel conversation at this year’s AfriTech conference, digital transformation was described as being one of Africa’s biggest drivers of economic growth, job creation, and optimisation of businesses across Africa. Africa’s fintech sector, for [c]

Analysis & Features

AFRIFIN summit to bring together fintech players from Africa and Canada

September 14, 2022 admin 0

The second edition of the Afrifursa Fintech Summit, AFRIFIN, will be held on September 22, 2022. After an inaugural edition that registered more than 440 participants and top-tier stakeholders from the global fintech space, as well as [c]

Analysis & Features

Moove partners with Uber to extend vehicle financing services to India

July 27, 2022 admin 0

Moove, the Nigeria-based mobility fintech and Uber’s largest vehicle supply partner in Africa, Middle East and Europe (EMEA), has announced its launch in India as a part of its global expansion. Moove, which provides revenue-based [c]

CSR

Safaricom hosts inaugural annual engineering summit  

July 15, 2022 admin 0

Safaricom has commenced a two-day summit forum for industry and other related stakeholders to showcase new technology and emerging trends while bringing together a community for Kenyan engineers. The summit is informed by the fast-changing [c]

Analysis & Features

Equity named Best Bank in Kenya in the 2022 Think Business Awards

June 17, 2022 admin 0

Equity Bank has been feted as the Best Bank in Kenya in the 2022 Think Business Banking Awards for the 11th consecutive year, reinforcing the Bank’s position as a market leader in the financial sector. Besides [c]

Analysis & Features

Luno Expeditions to fund early-stage fintech, crypto startups to spur growth of new financial ecosystem

March 21, 2022 admin 0

Luno, a wholly-owned subsidiary of Digital Currency Group (DCG), has announced the launch of Luno Expeditions, a global, early-stage investment arm to support the best fintech and crypto/web3 founders on their journeys to build the [c]

Analysis & Features

M-KOPA secures $75 million growth equity round as it hits 2 million customer mark 

March 1, 2022 admin 0

M-KOPA, the fintech platform that provides connected financing and digital financial services to underbanked consumers across four markets in Africa, has announced its $75 million Growth Equity round. The round was led by Generation Investment [c]

CSR

Darryn Botha named new CIO at Ukheshe Technologies

March 1, 2022 admin 0

Pan-African fintech enablement partner, Ukheshe Technologies, has appointed Darryn Botha as its Chief Information Officer (CIO). Botha’s role will include overseeing data security, maintaining a stable IT infrastructure, while enabling Ukheshe’s business strategy and improving [c]

Analysis & Features

Earnipay secures $4 million to provide salary advance services to employees in Africa

February 18, 2022 admin 0

Earnipay, a financial technology solution that provides flexible and on-demand salary access to income-earners, has closed a Seed round of $4 million led by Canaan and with participation from XYZ Ventures, Village Global, Musha Ventures, [c]

Analysis & Features

Stitch raises $21 million to grow team, launch new products and enter new markets

February 14, 2022 admin 0

Stitch, the API fintech company, has announced a $21 million Series A funding round, led by The Spruce House Partnership. Stitch will use the funding to continue building the future of money movement by linking bank [c]

Analysis & Features

Visa Everywhere Initiative seeking entries from fintech and payment startups

February 9, 2022 admin 0

The Visa Everywhere Initiative (VEI), a globally open innovation program is inviting fintech and payment startups to showcase their innovative products and solutions, with finalists set to gain firsthand exposure to key fintech stakeholders from [c]

CSR

Mastercard and Kashat, a fintech firm, in five-year deal to boost uptake of financial services in Egypt

February 8, 2022 admin 0

In a move that will see enhanced financial services for people in Egypt, Mastercard and Egyptian fintech Kashat have signed a five-year agreement that will digitize the onboarding, disbursement, and collection processes for MENA’s first [c]

Analysis & Features

Moove receives $10 million funding to facilitate expansion into West Africa

February 1, 2022 admin 0

NBK Capital Partners Mezzanine Fund II has announced that it closed a $10 million financing facility with Uber’s exclusive vehicle supply partner in Africa, the mobility fintech Moove. The asset-backed venture debt marks the sixth [c]

CSR

Canadian fintech Periculum expands to Nigeria to build credit assessment infrastructure for clients 

January 17, 2022 admin 0

The availability of domestic credit is a key requirement for consistent economic growth in developing countries. The vitality of financial services such as banking, savings, debt and equity financing, investment management, and point-of-sale lending is [c]

Analysis & Features

FSD Africa invests £3 million in IMFact, a Kenya-based fintech, to boost supply of capital to SMEs

December 21, 2021 admin 0

FSD Africa Investments (FSDAi), the investing arm of FSD Africa, has announced a £3 million investment into IMFact, an expanding fintech company that uses supply chain financing to provide working capital to micro, small and [c]

CSR

Tanda, Twiga Foods partner to enable partners to showcase digital financial services

December 18, 2021 admin 0

Kenya’s Tanda, a fintech company that is building an ecosystem to enable people to access essential financial services anywhere, has partnered with Twiga to enable access for all their vendors and customers. Through the deal, [c]

CSR

Workpay and Kwara partner to offer streamlined HR and Payroll services to saccos in Kenya

December 10, 2021 admin 0

Digital banking fintech startup Kwara has partnered with Workpay to offer Savings and Credit Co-operative Societies (SACCOs) in Kenya with human resource management (HRM) and payroll processing solutions. The partnership will enable SACCOs to automate [c]

Analysis & Features

From 2021 to 2022: The Cybersecurity Outlook

November 30, 2021 admin 0

There are several trends that have dominated the African cybersecurity landscape in 2021. The continent remains a point of investment interest as connectivity and mobility continue to grow – with only 38% of the population [c]

Analysis & Features

Asilimia secures $2 million to build financial infrastructure of Africa’s informal economy

November 24, 2021 admin 0

Asilimia, a startup that is building the digital infrastructure to connect African MSMEs to the formal financial economy, has secured $2 million to grow its team, deliver new services and expand into new markets in [c]

Analysis & Features

Brass, a Nigeria-based fintech, raises $1.7 million to fund expansion to Kenya and South Africa

October 21, 2021 admin 0

Brass, a Nigerian digital bank delivering easy access to affordable premium banking services for small and medium-sized businesses (SMEs), has today secured $1.7 million in funding to address the heavily underserved banking needs of local [c]

Analysis & Features

Partners discuss impact of Digital Transformation in the financial industry

October 6, 2021 admin 0

C-level executives, industry experts, policymakers and government officials at Huawei’s 2021 East Africa BFSI Summit to discuss the current challenges, business opportunities and identify solutions aimed at shaping the future of fintech. In attendance were [c]

CSR

Afrifursa Fintech Summit 2021: Forum aims to connect African and Canadian fintech innovators

September 8, 2021 admin 0

The Afrifursa Fintech Summit will launch its inaugural event virtually later this month, presenting a unique opportunity to connect the African and Canadian fintech ecosystems. Participants at this highly-anticipated Summit will engage in social impact [c]

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Tech&PR

Joel Chacha, the GM and Chief Strategist at Tell-Em, named among judges for 2023 PRWeek Global Awards

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Ogilvy in deal with Savannah Labs to develop Web3.0 solutions for brands and marketers in Africa

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Ogilvy PR picks Rahul Titus to head new Business Influence unit

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Cybersecurity Bulletin:

Almost 50% of cryptocurrency users fear losing money due to volatility, and no longer use digital currencies

ChatGPT: The impact will be social, not technical

How ChatGPT will influence cybersecurity

Staff in Africa, Middle East, and Turkey fear that a cyberattack may disrupt robotised production for weeks

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StrongPity APT group’s espionage campaign targets Android users with trojanized Telegram app

BlueNoroff, an APT actor, adopts new malware techniques under guise of VC funds as it renews attacks

Sophos ranks top in the Omdia Universe report for comprehensive XDR solutions

Despite being prone to cyberattacks, employees believe robots can control city transport and logistics

Five healthy digital habits for 2023 from Kaspersky

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Events Noticeboard:

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Joel Chacha, the GM and Chief Strategist at Tell-Em, named among judges for 2023 PRWeek Global Awards

Friday January 20, 2023 is the entry deadline to pitch live at Africa Tech Summit Nairobi

Local African talent set to shine as CHAN 2022 kicks off on StarTimes

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BLOG:

With Africa set to become next global tech hub, here’s what it could mean for industries across the board

Top 5 data privacy trends that will rule 2023

Epson partners with dry Fibre Technologies to create designer recycled clothes

ChatGPT: The impact will be social, not technical

Bold digital solutions needed to address health access challenges 

Africa’s fintech revolution offers insight into the possibilities for healthtech 

How ChatGPT will influence cybersecurity

How migrants are helping to improve education standards

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CSR:

With Africa set to become next global tech hub, here’s what it could mean for industries across the board

AVA to assemble BasiGo’s electric-powered buses for Nairobi PSV operators

mTek partners with Kyosk.app and Fin Africa to offer digital insurance services to over 100,000 retail outlets

AFEX names new management changes as it expands operations to Uganda

Kenya Association of Music Producers granted CMO license by KECOBO

LG rolls out color changing fridge with upto 190,000 possible color combinations

Almost 50% of cryptocurrency users fear losing money due to volatility, and no longer use digital currencies

Top 5 data privacy trends that will rule 2023

Epson partners with dry Fibre Technologies to create designer recycled clothes

Kenyan fintech Kyanda Africa among 11 startups picked for Cohort 3 of Africa Startup Initiative Program




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