Financial & Tech - Page 4 of 30

22/08/2022
By Ndungu Brian
Financial & Tech, Technology, Virtual Reality

KOBO360-Digitizing the Logistics Space

Tech enabled logistics firm Kobo360 is looking to change the way the sector operates by lowering costs and enhancing customer satisfaction at the same time supporting thousands of freight companies across the region. When Kobo360 started operations, the logistics sector in Africa was in a dire state with indistinct pricing and interference from exploitative middlemen. […]

Kenya’s IT Ecosystem Providing Platforms For Surging Innovations

Tech Start-ups And Entrepreneurs Propelling Their Ideas Into Strong Companies The rapid evolution of inventions and innovations in the Information and Communication Technology (ICT) in Kenya has created a fertile ecosystem in the country for tech entrepreneurs and start ups. This development is due to Kenya’s huge growth in ICT, which has been instrumental in […]

5 Key Money Transfer App Benefits: When Sending Money from Nigeria to Kenya

Several advancements in technology have made money transfer a lot easier across the globe. Long gone are the days when you’d solely depend on a bank to move funds internationally. The process was not only slow but also rather costly, especially with the many hidden charges. Today, you can send money internationally with ease using […]

The Future Of Logistics Industry In Kenya

The roads and railways network are key drivers accelerating growth in the country’s logistics sector, estimated to hit $5 billion (Sh500 billion) by 2023. Other central factors are harmonized levies for foreign investors, increasing retail and e-commerce space and the Kenya’s strategic location, according to Ken research, an India-based, global aggregator and publisher of market […]

A Buy Now & Pay Later with a difference

Lipa Later is revolutionizing the way you buy products online with a focus on helping consumers ensure they can still make ends meet. Online retail segment in Kenya has been growing consistently in the last few years riding on the back of increased connectivity and the digitization of retail shopping (ecommerce). The trend has further been intensified by the rapidly […]

Liquid Intelligent Technologies Acquires Telrad Israeli-based Tech Firm

Liquid Intelligent Technologies on Tuesday announced the acquisition of Telrad, an Israeli-based technology company. Telrad has a significant presence in 13 countries across the Middle East, South America, United States, Eastern Europe, Asia and provides high-quality technology products and services for global businesses and governments. The company offers innovative technology solutions, including networking, cloud infrastructure, […]

08/08/2022
By Admin
Financial & Tech

Why is margin lending trending in the digital space?

Margin lending: The ways to rotate and transfer money are becoming quite seamless by the day and we have a great chance that such a process is being utilized in the best possible manner. Borrowing the money to invest in the digital ecosystem is beginning to have an underlying impact on the current scenario and there […]

Sudanese Fintech Bloom Secures US$6.5 Mn to expand across Africa

Bloom has secured $6.5 million seed funding round led by institutional investors and venture capital firms to expand across Africa. The Fintech startup, led by Sudanese tech entrepreneur Ahmed Ismail seeks to enter Ethiopia, Kenya, Rwanda, Tanzania, and Zambia. Bloom was founded by Ismail, Youcef Oudjidane, Khalid Keenan, and Abdigani Diriye in 2021 with the […]

14/07/2022
By Admin
Financial & Tech, Online Platform, Tech News

MTek Launches Flexi Hela Savings Platform In Partnership With Sanlam

Local digital online insurance platform, mTek-Services has Thursday launched Flexi Hela Savings Platform in partnership with Sanlam Kenya. The new service, a savings solution with a guaranteed return, will see customers use the mTek app to save and access their savings in real-time. The product’s flexibility allows customers to adjust their savings limits and the […]

Safaricom Introduces Faraja – A Loan Service For Buying Goods

Safaricom has introduced Faraja, a zero-interest credit service in partnership allowing customers to shop for goods up to Sh100,000 and pay later. The new mobile service, buy now pay later is in partnership with Equity Bank and Edomx Ltd, it allows users to buy goods and services from as low as Sh20 to a maximum […]