Business

Safaricom launches Electronic receipts MPesa Bill Manager for businesses

Safaricom launches Electronic receipts MPesa Bill Manager for businesses

Safaricom has announced the launch of an MPesa Bill Management service for MPesa customers offering electronic receipts. The new service provides MPesa customers with a single point where they can view all their bills, receive reminders and automate payment of bills. The innovation targets schools, landlords, utilities and other businesses with repeat payments, offering a […]
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PesaLink appoints Gituku Kirika as CEO

PesaLink appoints Gituku Kirika as CEO

Banking industry’s instant payment service PesaLink has announced the appointment of Gituku Kirika as Chief Executive Officer. Gituku takes over from Agnes Gathaiya. Over 6 million Kenyans have moved in excess of Ksh 200 billion across the 25 plus participating banks since PesaLink was launched by IPSL and KBA in 2017. Gituku has extensive banking and […]
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Kenyan mobile digital bank Umba raises $2m seed funding

Kenyan mobile digital bank Umba raises $2m seed funding

Kenya-based digital bank for emerging markets Umba has raised a US$2 million seed funding round to help it expand product capabilities. The startup with currently operates in Kenya and Nigeria raised from new investors including Lachy Groom, ex-Head of Issuing at Stripe; Ludlow Ventures; Frontline Ventures and Act Venture Capital. Umba says it provides an […]
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Kenya Railways Introduces Night Train Service

Kenya Railways Introduces SGR Night Train Service

Kenya Railways has introduced night train service after curfew rules exemption which will see trains arrive in Mombasa and Nairobi at 3 am. In a statement released by the Corporation after a Multi-Agency briefing on Re-opening of Schools, it said they have provided an additional Inter-county train in the evening between Mombasa and Nairobi.   […]
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