Kenya

Kenya Adds New Data Regulations To Encourage Foreign Tech Entrants
Kenya Adds New Data Regulations To Encourage Foreign Tech Entrants
November 10, 2019  |  Security & Fraud

Kenya has passed a new data protection law in the hopes of attracting more foreign technology companies into the country. The law, which was approved...

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Kenyan Govt. Seeks Regulation Of ‘Exploitative’ Mobile Lenders
Kenyan Govt. Seeks Regulation Of ‘Exploitative’ Mobile Lenders
October 24, 2019  |  Regulation

The Kenyan National Assembly is considering a law that would make mobile lenders in the country subject to central bank oversight, which would force them...

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Kountable Launches SMB Credit Reports Based On Execution Behaviors
Kountable Launches SMB Credit Reports Based On Execution Behaviors
September 20, 2019  |  B2B Payments

Kountable announced it has launched credit bureau reporting for SMBs in Rwanda and Kenya based on how well they execute on projects. “Kountable is pleased...

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Kenya Banks Take On AltFin With Mobile SMB Lending Tool
Kenya Banks Take On AltFin With Mobile SMB Lending Tool
May 21, 2019  |  B2B Payments

Kenya is deploying mobile lending initiatives in an effort to address the small business credit gap. Reports in Reuters on Monday (May 20) said five...

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SimbaPay And Family Bank Team To Enable Instant Money Transfer Service From Kenya To China
SimbaPay And Family Bank Team To Enable Instant Money Transfer Service From Kenya To China
November 28, 2018  |  International

SimbaPay announced Wednesday (November 28) that Family Bank Limited, a bank located in Kenya, has partnered with the London-based FinTech to launch an instant money...

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In Africa, B2B, Cross-Border Initiatives And Blockchain Gain Traction
In Africa, B2B, Cross-Border Initiatives And Blockchain Gain Traction
September 04, 2018  |  B2B Payments

This past week, several collaborations between large tech firms, traditional FIs and FinTech upstarts stood out, with some blockchain projects thrown in for good measure....

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The Tech And Payments Promise Of Africa
The Tech And Payments Promise Of Africa
August 30, 2018  |  International

The next great tech frontier? That would be Africa, according to recent comments from Alibaba Group Holding’s founder and chairman Jack Ma. “The opportunity in...

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In Kenya, Banks Explore Blockchain For Payments
In Kenya, Banks Explore Blockchain For Payments
August 23, 2018  |  Blockchain

Bloomberg reports that banks in Kenya are pursuing regulatory approval to use distributed ledger technologies (DLT) to help facilitate payments and create credit scoring models....

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Postbank Kenya Rolls Out Mobile Banking Platform
Postbank Kenya Rolls Out Mobile Banking Platform
August 10, 2018  |  Banking

In an effort to take advantage of mobile phone penetration, Postbank Kenya has launched a new banking service. The mobile offering, which is called M-Chama,...

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