Absa Bank Kenya on Tuesday launched WhatsApp banking which will allow the Bank’s customers to do transactions via WhatsApp dubbed Abby. With the new feature, customers will be able to transfer funds from their account to Mpesa, inter-account transfers, bill payments, balance enquiry, among others, on WhatsApp. How to join Absa WhatsApp Banking On your […]
Utunzi Loan App - How to Download and Apply for Loans, Repay Via MPESA Paybill and Contacts
Kenyans can now invest in stocks using their accrued Bonga points following a partnership deal between Safaricom and Nairobi Securities Exchange (NSE). The service is available to all Safaricom customers, who can redeem their points through licensed Trading Participants, with ten already activated. These include NCBA Capital, Faida Investment Bank, AIB-AXYS, ABC Capital, Old Mutual Securities, Kingdom […]
Flutterwave is providing businesses in South Africa with zero transaction fees for all payments they make or receive on Flutterwave for the next three months. The move by the African payments technology company follows the recent events in the country that has led to the disruption of small businesses, their supply chain and operations. SMEs in […]
Wapi Pay, based in Singapore and headquartered in Kenya has raised $2.2 Million in pre-seed funding to scale up global payments and remittances between Africa and Asia. The move seeks to make international transfers faster, easier and much cheaper. The investors included EchoVC & China-based global fund MSA Capital, who have invested in domestic Asian […]
The importance of digital banking in acquiring loans cannot be emphasized enough. We always go low on finances and when that happens, we look for quick solutions such as loans to change the situation. Below are five of the best digital banking platforms that you can acquire a loan from almost instantly. NCBA Loop NCBA […]
Lipa Na M-PESA is a free service which enables business owners to collect payments on the till and use the money collected to make other transactions directly from the till such as: Pay to another Buy Goods Till Pay to a mobile number Pay to a utilities (Paybill) till Withdraw cash at an M-PESA agent […]
Kenyan retail distribution platform, MarketForce has raised Ksh. 215,880,000 ($2 million) to launch in Nigeria and to scale up operations in RejaReja to more towns in East Africa. The new funding brings MarketForce’s total capital to Ksh. 269,850,000 ($2.5 million) after it raised Ksh. 37.8 million ($350,000) seed round last year and Ksh. 16.2 million ($150,000) […]
M-KOPA today announced it has officially expanded to Nigeria. To lead the Nigeria team, M-KOPA has named Babajide Duroshola as the new General Manager. A part of the tech company’s broader expansion strategy, the move into the Nigerian market signals M-KOPA’s focus on offering millions of underbanked customers across Sub-Saharan Africa access to life-enhancing products […]
The Central Bank of Kenya has granted authorization to Pesapal Limited as a Payment Service Provider (PSP) to carry out Payment Gateway Services in compliance with the National Payment System (NPS) Act, 2011, NPS Regulations 2014. Founded in 2009, Pesapal provides a simple, safe and secure way for individuals and businesses to make and accept […]