Why Kenyan Banks Are Accelerating Fintech Partnerships
Kenyan lenders are scaling digital alliances as the banking sector adapts to rapid technology adoption, shifting consumer expectations, and growth in mobile-led finance. Partnerships between Kenyan banks and fintech firms have risen sharply in 2025, driven by competitive pressure, regulation supporting integration, and long-term revenue opportunities. Analysts expect the projection of fintech revenues across Africa […]
The Next Phase of Banking Through Integration with Fintech and Insurance
Kenya’s banking sector is undergoing a major transformation as it enters the next phase of digital evolution, one defined by the integration of fintech and insurance. Having pioneered mobile money through M-Pesa, Kenya is now expanding its financial ecosystem into a more connected, data-driven, and inclusive landscape. The National Financial Inclusion Strategy (NFIS) 2025–2028, developed […]
How to Open a Digital Bank Account in Kenya
Kenya’s digital banking landscape has grown steadily over the past decade, fueled by regulatory backing from the Central Bank of Kenya (CBK) and the country’s high mobile penetration. With more than 80% of adults now financially included, banking is no longer tied to physical branches. Platforms like M-Pesa have laid the groundwork for fully digital […]
The Evolution of Digital Banking in Kenya
Kenya’s journey toward digital banking shows how technology can transform an entire financial system. What began as a cash-based economy with limited access to formal institutions has evolved into a dynamic digital ecosystem, often referred to as Silicon Savannah. Today, Kenya is recognized globally for its innovations in fintech, mobile money, and data-driven banking, with […]
Why Safaricom Ethiopia Is Off to a Great Start Despite Millions in Losses
When Safaricom Limited entered Ethiopia in 2022, it was clear the journey would not be easy. The Kenyan telecom giant took on a high-risk market, one with over 130 million people, long dominated by state-owned Ethio Telecom, and marked by civil unrest, high inflation, and strict regulation. Yet, despite recording heavy losses in its latest […]
5 Ways Merchants Benefit from the KCB-Mastercard Partnership
KCB Bank Kenya has been named the Top Acquiring Partner for the first half of 2025 by Mastercard, a recognition that affirms the bank’s strong performance in expanding card acceptance infrastructure and enabling digital transactions for merchants across East Africa. The KCB-Mastercard Partnership combines Mastercard’s global payment expertise with KCB’s regional reach, offering merchants robust […]
Virtual Card by MoMo: Benefits and How to Get Started
MTN Mobile Money (U) Limited, in collaboration with Mastercard, Diamond Trust Bank, and Network International, has introduced the Virtual Card by MoMo, a revolutionary digital payment solution aimed at enhancing financial inclusion and digital accessibility in Uganda. This innovative card allows MTN MoMo subscribers to perform secure online transactions without the need for a physical […]
All you need to know about the Azania Digital Bank, Azania Bank’s Digital Banking Platform
Azania Bank, a leading commercial bank in Tanzania, has launched a new digital banking platform aimed at transforming financial services and promoting financial inclusion. This innovative platform, launched on February 12, 2025, introduces cutting-edge digital solutions designed to enhance customer convenience, accessibility, and security. Key Features of the Azania Digital Bank Platform The Azania Digital […]