Financial & Tech - Afritech Media

EGM Securities launches online forex trading platform using MPesa

EGM Securities has introduced Kenya’s first online forex trading that enables trading using mobile payment channels like MPesa. The innovative financial offering bolsters Kenya’s positioning as a leader in financial innovation in Africa. EGM Securities’ trading offering will provide the market with exposure to global macro opportunities such as foreign exchange, oil, gold and other […]

How to become a KCB Mtaani Agent and Commission earned

KCB Mtaani is Kenya Commercial Bank’s company’s plan where it uses agents to deposit and withdraw cash instead of setting up branches or ATMs. The business model is very convenient as it does not require setting up a shop, you can just fuse it with your existing business. The Bank has a wide network of […]

How to get a loan from Progressive Credit

Progressive Credit is one of the fastest-growing microfinance institutions in Kenya. The firm enables customers to get quick and flexible loans for their business at competitive rates. Progressive Credit offers; Business Loans In Kenya Salary Advance Loans in Kenya Trade Finance Agribusiness Loans Youth & Women Loans Community Support Loans Logbook loans LPO financing /Bid […]

CBK resumes Bank Mobile Wallet Charges transactions above KES 100

The Central Bank of Kenya (CBK) has announced that it is resuming bank mobile wallet charges for transactions above Ksh.100. CBK indicated that it will include wallets that are closely linked to the Savings and Credit Societies (SACCO) sector noting that SACCO’s accounts for a significant share of their transactions. “A recurring concern has been […]

Azuri Technologies launches DStv on PayGo solar TV

Azuri Technologies and MultiChoice Kenya have announced a partnership to bring DStv content to off-grid households in Kenya. The partnership brings Azuri’s recently announced TV400 product, the 32″ solar-powered TV and household energy solution, with the DStv HD decoder to offer customers access to leading world-class entertainment, local and international news, documentaries and educational content. Simon […]

How to withdraw dividends from Stima Sacco

Stima Sacco members can withdraw dividends funds directly from their mobile phones using mpawa app or via *489# USSD code. How to withdraw dividends from stima Sacco via the mpawa app The mpawa app provides a variety of services to the Sacco members that include withdrawals to mpesa accounts. These are the guides. Download the […]

Flutterwave partners with Paypal to make it easier for African Businesses to accept and make payments - afritech

Flutterwave inks deal with Paypal for payment solutions across Africa

Flutterwave on Tuesday announced a partnership with PayPal to enable customers globally to pay African merchants in the continent through Flutterwave’s platform. The collaboration will be instrumental in supporting SMEs and freelancers to overcome the many challenges presented by the highly fragmented and complex payment and banking infrastructure, as well as connecting them with more […]

On-demand delivery is on the rise

By Antonio Bruni On-demand delivery is gaining a lot of popularity as a result of the current business and economic challenges and many businesses are expanding their operations by jumping on the digital bandwagon. To expand their business reach, traditional brick and mortar stores have launched new apps and e-commerce sites. Retailers have also acted […]

Nium expands its payments platform to four African markets

Nium has announced that customers are now able to send funds to their business partners located in Ghana, Kenya, South Africa and Tanzania. The global payments platform will allow customers of Nium are also able to extend this service to their own consumers. This announcement comes shortly after the news of the company’s expansion plans into Africa at the tail end of […]

Flutterwave secures USD $170m funding from Avenir, Tiger Global

Flutterwave has today announced that it has secured USD $170 million from a leading group of international investors as part of a successful Series C round. The round to the Payments technology company was led by growth-equity firms Avenir Growth Capital (“Avenir”) and Tiger Global Management LLC (“Tiger Global”) with participation from new and existing […]