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News

United Nations Federal Credit Union Partners With Thunes for Mobile Money Transfers

The collaboration enables UNFCU members to transfer money to mobile wallets in select countries in local currencies.

News

Visa and TerraPay Partner to Drive Domestic Remittances

TerraPay and Visa have today announced a strategic partnership that aims to develop and deliver payment solutions to drive financial inclusion and cashless transactions for domestic payments in Kenya and global remittances to Kenya.

News

World Bank Approves $1 Billion Financing for Kenya, to Address COVID-19 Financing Gap and Support Kenya’s Economy

Kenya has undertaken policy reforms that directly benefit many low-income Kenyan households.

News

Kenya: Banks, Mobile Money Agents Are Counting Losses

In response to the economic disruption from COVID-19 pandemic, the Central Bank of Kenya announced a set of directives promoting digital transactions to curb the spread of COVID-19. These directives have significantly impacted the banks and mobile money agencies.

News

List of Digital Lenders Denied CRB Access by Central Bank of Kenya

The question that people have right now is: Which lenders were denied access to the CRBs by the Central Bank?

News

Fintech Credit Provider 4G Capital Adjusts Business Operations to Cope with Coronavirus Outbreak

Fintech credit provider 4G Capital, a firm that supports individuals and companies across Africa, has introduced operational and services updates for its business operations across Kenya and Uganda.

News

Kenya Turns to Safaricom's M-Pesa Mobile-Money to Stem the Spread of COVID-19

Safaricom announced that all person-to-person (P2P) transactions under KSH 1,000 (≈ $10) would be free starting Tuesday for the next 90 days.