Kenya
Middle Eastern and African Region Sees Neobanking Sector Picking up Steam
Though still in their early stages of development compared to Europe and the US, neobanks are playing a growing role in the Middle East and Africa (MEA) region by addressing challenges in accessing traditional financial services. The Fintech Times identified
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South Africa, Nigeria and Kenya: Africa’s Largest Fintech Hubs
In Africa, South Africa, Nigeria and Kenya have the three most developed fintech ecosystems, combining more than 450 companies. This burgeoning industry has been driven by strong demographic indicators, increased connectivity, early regulation, and proactive governments. South Africa: an early
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Mobile Money Boom Lays Foundation for Fintech In Kenya
Home to over 150 fintech companies, Kenya has one of the biggest and most developed fintech ecosystems in the African continent, owning to the proliferation of mobile phones and the rise of mobile money. Similarly to other developing markets, Kenya’s
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Fintech in Africa will Boom in 2022: Fintech News Network Launches Its 8th Publication
The Fintech News Network is pleased to announce the launch of our eighth publication; Fintech News Africa. The Fintech News Network is an industry publication covering fintech and digital news across the globe. Our readers are from established financial institutions
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Fintech Attracts Lion’s Share of 2020 African Tech Funding
Fintech funding in Africa jumped 49.3% in 2020 to US$160 million. The amount was raised by 99 fintech startups, making fintech the dominant tech sector of 2020, a new report by regional startup news and research portal Disrupt Africa found.
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Kenya Central Bank Outlining Open Banking Ambitions
The Central Bank of Kenya (CBK) has released a draft document outlining a five-year digitalization plan to modernize the country’s domestic payment landscape. The document, titled Kenya National Payments System Vision and Strategy 2021 – 2025 and released in December
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