Latest finance stories from across Kenya.
KCB has signed an agreement to acquire a minority stake in Pesapal Limited. The deal, announced on October 31 through a public notice approved by the Capital Markets Authority (CMA), is subject to regulatory clearance from the Central Bank…
Absa has partnered with Huawei to launch a Private Cloud Solution. This move accelerates its transition into a digital-first, cloud-native bank. The platform will enable Absa to offer personalised, data-driven banking experiences, while…
Airtel Africa PLC has announced strong half-year results for the period ending 30 September 2025, posting a 25.8% increase in reported currency revenue to $2.98 billion, and 24.5% growth in constant currency. The growth, which outpaced…
dLocal has announced the launch of BNPL Fuse. This, the company say,s is the world’s first Buy Now, Pay Later (BNPL) aggregator designed specifically for emerging markets. If you have a startup you want featured on TechArena, let us know…
M-PESA Ethiopia has announced the completion of its integration with EthSwitch, Ethiopia’s national payment network. This latest development comes a few months after M-PESA Ethiopia hit 10 million customers. This integration makes it…
Tether has announced a strategic investment in Kenya’s Kotani Pay. Kotani Pay is a Kenyan-based fintech building Web3 on-ramp and off-ramp infrastructure across Africa. This partnership will help expand access to digital assets, enhance…
Standard Chartered Uganda has entered into an agreement with Absa Bank Uganda for the sale of its Wealth and Retail Banking (WRB) business. The deal is subject to regulatory approval and is in line with Standard Chartered’s global strategy…
NCBA Bank has announced the launch of ConnectPlus. This is an advanced digital platform designed to revolutionize its corporate and SME banking operations. Powered by Intellect Design Arena’s eMACH.ai Wholesale Banking Cloud, the new…
Back in August 2024, TechArena reported that LOOP was rebranding and preparing to roll out LOOP FLEX. This was and still is its Buy Now, Pay Later (BNPL) product. This solution is designed to make shopping more flexible for customers. At…
Software Group and ELM Company, a pioneer in digital solutions, have officially signed a Memorandum of Understanding (MoU) at the GITEX Global 2025 event held in Dubai. Under the agreement both parties will engage in a mutual collaboration…
Triply has announced a strategic partnership with Verto to streamline financial operations for travel businesses across Africa. If you have a startup you want featured on TechArena, let us know through this contact form here. The…
Sanlam Kenya has unveiled Sanlam Akiba Plus, a mobile-first, tech-driven pension platform designed to make saving for retirement easier, more flexible, and more inclusive for both individuals and businesses. “Our goal with Akiba Plus is to…
Listed non-banking financial services firm Sanlam Kenya Plc (NSE: SLAM) has launched Sanlam Akiba Plus, a revolutionary digital pension solution designed to make retirement planning flexible, accessible, and rewarding for all Kenyans. The…
Pesalink has entered into a new partnership with Cellulant to strengthen customer-to-business (C2B) payments for online services in Kenya. The collaboration will see Pesalink integrate with Cellulant’s Tingg platform, which connects over…
Visa has announced the launch of a stablecoin prefunding pilot through its global money movement platform, Visa Direct. The initiative is designed to give businesses, banks and remittance providers a faster and more flexible way to fund…
Tende Pay has announced a strategic partnership with PesaLink to transform how businesses in Kenya handle payments. The collaboration integrates PesaLink’s instant payment infrastructure directly into Tende Pay’s spend management platform.…
Verto has officially launched a new hub in Nairobi as part of its East African growth strategy. The hub, located at The Address on Muthangari Drive, will serve as Verto’s central point for operations in the region. The company says the…
Access Bank and the National Bank of Kenya (NBK) have announced the introduction of a joint service integration. This integration will allow customers from either bank to access in-branch services seamlessly across more than 100 branches…
Bonto Kenya, a licensed money remittance provider (MRP), has shut down less than 3 years after entering the market. The fintech was founded by Yoann Copreaux and officially handed back its Central Bank of Kenya (CBK) licence in August.…
Flutterwave has announced leadership changes, with Prashant Kalia joining as Chief Risk & Compliance Officer. He has decades of experience, having previously worked at Stripe, American Express, and more. If you have a startup you want…
M-KOPA has hit a major milestone by crossing 3 million active customers mark. The company is also reporting 90% improvement in the quality of life among its customers. In Africa’s informal sector where most people earn their income daily…
Safaricom has unveiled Fintech 2.0, a major upgrade to M-PESA. This latest upgrade incorporates AI, improves reliability and expands cross-border payments Speaking at the media briefing, Safaricom’s Chief Financial Services Officer, Esther…
Kenya’s financial sector, long admired for its role in mobile money and digital banking revolution, now finds itself on the brink of another transformation powered by artificial intelligence (AI). According to new research presented at an…
Verto has unveiled the Atlas Suite, a next-generation embedded finance product designed to streamline cross-border payments for financial institutions, marketplaces, and digital platforms. The Atlas Suite provides a single API integration…
