Digital banking and payments vendor, CR2 has partnered with Thunes, a global B2B payments company to make seamless payments to more than 130 countries. Historically, cross-border payments relied on correspondent banking networks and were typically costly for both the sender and receiver. The partnership allows consumers to send and receive money in a more convenient, […]
Rwandese ride-sharing platform YEGO Global has entered the Kenyan market, to charge drivers a 12 percent commission per trip. Through its local subsidiary YEGO Mobility Kenya Limited, the firm seeks to provide drivers with better terms as well as reasonable fares for passengers. Over the last two years, the firm has invested heavily in Kenya’s […]
Zoho Corporation on Thursday announced that Zoho One growth has been substantial at 96.3% in the last 2 years in the Kenyan Market. The global tech company also indicated that they now support 50,000 organizations across more than 160 countries. Over the past two years alone, the platform has grown 150%, with 37.5% of new […]
Absa Bank Kenya has partnered with Huawei to establish a software-defined wide area network (SD-WAN) to connect the bank’s branches. The SD-WAN, as a next-generation technology and service, is based on cost-effectiveness, agility, flexibility, scalability, security, and compliance. As business continues to expand, Absa Bank Kenya is actively seeking the most appropriate network infrastructure. “We strive […]
Software as a service (SaaS) is software that is accessible from any web browser, rather than installed onto individual machines or networks. This means no maintenance or IT involvement on the customer side, making adoption and ongoing use as easy as it can be. SaaS is transforming the way we work, socialise, and do business […]
Safaricom has announced that it will reduce the daily maintenance fees of its M-PESA overdraft service, Fuliza by up to 40% from the beginning of the month. Fuliza enables M-PESA customers to complete their M-PESA transactions when they have insufficient funds in their M-PESA account. The service is available as many times as possible provided […]
Jumia Kenya has announced that it will start using electric Tuk-Tuks, or E-Vans, for deliveries ordered on its platform in Kenya. The electric Tuk-Tuks join a delivery fleet that includes boda bodas, trucks and vans, that have been used by the platform to deliver goods, food and drinks to customers. The electric Tuk-Tuks (E-Vans) that […]
Jumia, the e-commerce platform in Kenya has launched a new integrated warehouse and logistics network facility in Nairobi. The new facility will aim to transform Jumia logistics operations by providing increased storage capacity for scale-up of warehouse operations and better management of the business due to the convergence of various services. The warehouse and network […]
The Central Bank of Kenya(CBK) has directed unregulated digital lenders to cease operations in the country following the lapse of the 6-month registration period that required them to comply with the Digital Credit Providers regulations. Under the regulations, all digital lenders were expected to apply for licenses from the banking regulator before September 17. Gazettement […]
Text Book Centre is now available on Uber Eats and customers can now order their products through the app starting from September 15. Text Book Centre is East and Central Africa’s largest educational, cultural and technological content and products distributor. It was founded in 1964 and over the years has grown to become the leading […]