Financial & Tech - Page 6 of 31

Top Best Forex Bureau With Good Exchange Rates In Nairobi

Forex Bureaus offer one of the best rates compared to commercial banks but are quite higher as compared to when one gets the currency directly through ATM. There are at least 76 Forex Bureaus in Kenya that are licensed by the Central Bank of Kenya to cater for the retail end of the Forex market […]

Lipa Later Appoints AliExpress Co- Founder Tom Gong As New CTO

Lipa Later has appointed Tom Gong, Co-Founder AliExpress and former Technical Program Manager for Google Wallet as its new Chief Technology Officer. Prior to joining the Buy-now-pay-later (BNPL) company, Gong worked as Co-Founder and CTO of AliExpress a wholly-owned subsidiary of Alibaba the Chinese online giant and led the team to grow it to become […]

31/03/2022
By Admin
Financial & Tech, Tech News, Tech Startups

Tushop Raises $3M to Scale Community Group-Buying in Kenya

Kenyan social-commerce platform, Tushop has secured $3M in pre-seed funding round, led by 4DX Ventures and with participation from JAM Fund, Breyer Capital, Chandaria Capital, TO Ventures, Golden Palm Investments, FirstCheck Africa, and DFS Lab. The startup enables communities in Nairobi to buy groceries more cheaply with free delivery. Wasoko (formerly Sokowatch) also joined to […]

Safaricom, Gulf African Bank launch Shariah Compliant Halal Pesa

Safaricom and Gulf African Bank, have today partnered to launch Halal Pesa, a Shari’ah-compliant mobile financing solution. Halal Pesa becomes the first Shariah-compliant mobile and digital financial solution in the country. Customers accessing financing through the service will receive the amount requested in full with a repayment period of 30 days at a 5% commodity […]

Flutterwave CEO Joins Lipa Later’s Advisory Board

Africa’s Buy-Now-Pay-Later (BNPL) firm Lipa Later Group has appointed Flutterwave Chief Executive Officer and Founder, Mr. Olugbenga ‘GB’ Agboola as a member of its advisory board. A highly regarded serial entrepreneur with two successful exits under his belt, Mr. Agboola is a software engineer with an MBA and a Master’s degree in Information Technology Security and Behavioural […]

United Bank for Africa (UBA), Cellulant partner to Expand across 19 Markets in Africa

United Bank for Africa (UBA) Plc, and Pan-African Payments Company Cellulant have announced a partnership that will extend payment services for merchants and consumers across 19 key African countries in which UBA operates. These countries include Nigeria, Ghana, Kenya, Côte d’Ivoire, Zambia, Tanzania, Uganda, Republic of Benin, Burkina Faso, Cameroon, Chad, Congo, the Democratic Republic […]

15/03/2022
By Admin
Financial & Tech

Is Sports Betting Really a Great Side Hustle?

Given the current economic situation, many Kenyans have been seeking alternate sources of income to complement their regular day jobs. Doing nine-to-five jobs doesn’t just cut it anymore. It has now become very common to find Kenyans having multiple jobs and side hustles to help bolster their income and make ends meet. In this bid […]

Flutterwave becomes highest valued African start-up with over $3bn

Flutterwave is now valued at over $3 billion becoming the highest valued African start-up with this investment. This follows a USD $250 million Series D funding from B Capital Group, and with participation from Alta Park Capital, Whale Rock Capital, Lux Capital, among others. Several existing investors who also participated in previous rounds also followed […]

Standard Chartered launches SC Shilingi Money Market Funds

You can now buy or sell units in your investment in a few clicks following the launch of SC Shilingi Money Market Funds by Standard Chartered. The 100% digital investment product available on the SC Mobile app allows clients to investment amounts of as low as KShs 1000, earn competitive interests and withdraw funds anytime. The low […]