The emergence of blockchain technology has ushered in a new era of innovation and possibilities, transcending various industries and sectors. One notable application of blockchain technology is within the realm of digital currencies, with central banks exploring the potential of blockchain to create and manage digital versions of their national currencies. Engaging with initiatives can […]
Stablecoins have emerged as a significant innovation within the cryptocurrency ecosystem, providing a bridge between the volatile nature of cryptocurrencies and the stability of traditional fiat currencies. Ethereum, as a leading blockchain platform, plays a crucial role in the development and adoption of stablecoins. In this article, we will explore the concept of stablecoins, examine […]
In today’s fast-paced and ever-changing financial landscape, savvy investors are constantly seeking opportunities to grow their wealth. Whether you’re a seasoned trader or just starting your journey in the world of finance, understanding the role of financial institutions is crucial. Kenya’s financial market is a hub of activity, and in this article, we’ll explore various […]
Absa Bank Kenya has introduced a new feature called Buy Now, Pay Later, which aims to improve customers’ expense management. Known as Buy Now Lipa Pole Pole, this self-service payment option is available on Absa’s mobile and internet banking platform. It provides customers with a convenient way to handle their expenses by spreading the cost […]
Centi, a Swiss fintech pioneer, and CentBee, a global digital cash wallet, have partnered to redefine remittance services from Switzerland to Africa. The partnership will deploy advanced blockchain technology to make cross-border money transfers more streamlined, cost-effective, and inclusive. Remittances are the financial backbone for many African households, with Switzerland’s sizeable diaspora community playing a […]
Flutterwave has partnered with Token.io to enable seamless A2A payments across Africa and Europe. A2A payments, also known as “Pay By Bank,” offer a secure and expedient method of transferring funds between bank accounts. This payment solution harnesses the power of open banking, which allows businesses to directly access customer bank data without the need […]
Payoneer is an online money transfer, digital payment services and users can easily transfer money from Payoneer to MPesa. Before using Payoneer, or any other digital payment service, we recommend you test your internet connection to make sure the transaction works without interruptions. You can use a website like www.speed.co.ke for this and see how fast […]
Safaricom in partnership with Shopzetu Tuesday launched Shopzetu Mini App to enable more than 7 million M-PESA Super App customers to shop and pay. The App for women’s and men’s fashion will see more than 200 vendors connect to customers countrywide within 3 days after making an order. Customers will receive an SMS with a link […]
Halal Pesa is a new digital platform that provides financial services that comply with Islamic Sharia law. It is designed to meet the financial needs of the Muslim community by offering interest-free loans and investment opportunities that are compliant with the principles of Islamic finance. The minimum amount allowed is Kshs.1000. One cannot request for […]
If you are a customer of both MPesa and KCB Bank, you might want to know how to deposit money from your MPesa account to your KCB bank account. This is a convenient way of saving money, paying bills or transferring funds to other people who have KCB accounts. In this blog post, we will […]