Tag: Fintechs

Fintechs making strategic moves: What the vertical integration portends for the financial landscape in Kenya?

The news this week in the banking and fintech world has been the acquisition of Choice Microfinance Bank by Chinese Investor Robin Duah Wei. Wei’s acquisition is interesting because he not only owns a digital advertising company but also mobile digital lenders in Kenya and Nigeria. In other words, he is in essence a Fintech […]...

16 Sep 2022

FinTech in Africa Part 2: Current gains and forecast evolution in new countries

According to a McKinsey report, the African financial market which includes both fintech and formal banking was valued at $150 billion as of 2020. The evolution of the market is projected to be center...

2 Sep 2022

Fintech in Africa (Part 1): African tech boom is more than a buzz; future is bright

The financial industry has benefited greatly from the buzz surrounding the African tech boom, with reports of African fintech businesses raising money becoming commonplace in tech media. It accurately...

11 Mar 2022

Cybersecurity in Kenyan Fintech, threats, trends and solutions: Highlights of GIZ Report, 2022

Digital payments are progressively entering the mainstream, in correlation to the increased access, use, and adoption of ICTs in Kenya. However, the transition to and eventual adoption of digital paym...

22 Jan 2021

Kenya National Payments System (NPS) Vision and Strategy 2021-2025

The Central Bank of Kenya has come up with Kenya National Payments Vision and Strategy 2021-2025 to regulate this area more effectively. The paper is open for public participation until the 31st of Ja...