Swedish-Kenyan company Roam Motors has announced the launch of a new bus model known as “Move”, to tap Kenya’s mass transit sector, fostering sustainable transportation solutions. Roam plans to ramp up its production of the Move bus and expand its…
Visa, a trusted leader in digital payments, is reportedly partnering with banks in Kenya to roll out contactless payments, to enable a safe and secure transaction experience for consumers. Visa seeks to target the growing base of consumers looking for…
Moniepoint, a Nigerian Fintech company that provides an all-in-one payments, banking, and operations platform for businesses, has been granted approval to acquire Kenyan Fintech Kopo Kopo. Moniepoint acquisition of Kopo Kopo, received clearance from the Competition Authority of Kenya after…
Zanifu, a Kenyan fintech company that provides access to working capital for Micro, Small & Medium Enterprises (MSMEs) by providing short-term stock financing, has secured $11.2 million in a pre-series A round. The funding round was led by Beyond Capital…
African countries, lately, have continued to emerge as hotbeds for Fintech innovations and investments. A report from the International Monetary Fund (IMF), called “Fintech in Sub-Saharan African countries”, highlights that sub-Saharan Africa has become the global leader in mobile money…
