Latest finance stories from across Kenya.
When we think about bank security, we usually picture heavy vault doors, complex PINs, and secure mobile banking apps. Rarely do we think about our personal email addresses. Yet to a cybercriminal, access to your email inbox can be the…
Mobile loan apps have transformed access to credit in Kenya. Today, millions of Kenyans borrow directly from their smartphones for emergencies, school fees, rent, biashara stock, and short-term cash flow needs. However, the rapid growth of…
Visa has announced the launch of Apple Pay in Mauritius. The service is currently available to MCB Visa cardholders, with plans to expand support to additional banks in the near future. Apple Pay enables users to make secure, contactless…
The National Bank of Kenya (NBK) has reported a sharp turnaround in its financial performance for the first quarter of 2026, posting a 275% increase in profit after tax to KSh 1.03 billion. This marks a significant rise from KSh 275.7…
NCBA Group PLC has posted a solid performance for the first quarter of 2026, underpinned by a resilient balance sheet, sustained subsidiary growth, and continued investment in digital transformation. The Group maintained a robust capital…
KCB Group Plc strong Q1 2026 performance signals resilience KCB Group Plc has reported a pre-tax profit of KShs. 24.4 billion for the first quarter ending March 31, 2026, representing a 15.3% year-on-year increase from KShs. 21.2 billion…
Tether has announced a strategic investment in LemFi to deepen financial inclusion and accelerate the adoption of stablecoin-powered infrastructure in emerging markets. LemFi operates across key corridors linking the UK, US, Canada and…
Kenya’s crypto conversation is entering a new phase that is defined more by institutional adoption, regulatory engagement and financial infrastructure. VALR is one of the companies positioning itself at the center of this shift. Speaking…
At the Kenya Blockchain and Crypto Conference, fintech leaders painted a clear picture of where Africa’s payments ecosystem is heading.This will include faster, cheaper and increasingly invisible. From stablecoins to mobile money…
Beyond the remarkable growth in transaction volumes and value, one of M-PESA’s most momentous milestones in the last financial year was the continued growth of small-value transactions, known at Safaricom as M-PESA Kadogo. Zero-rated…
Co-op Bank has reported a strong start to 2026, posting an 18.1 per cent growth in profit before tax to KSh 11.37 billion for the first quarter ended March 31, 2026, up from KSh 9.63 billion in a similar period last year. Profit after tax…
KCB Bank has reduced the cost of sending money via Pesalink, introducing a flat fee of KSh20 for transactions above KSh1,000 and waiving charges entirely for transfers below that threshold. With this announcement, the bank joins DTB and…
Absa Bank Kenya has called on women across the country to begin estate planning early, positioning succession planning and wealth preservation as critical pillars of financial security and family stability. The call was made during the…
For years, crypto platforms competed on a familiar set of criteria: liquidity, market depth, product range, execution speed. Working to optimise for those strengths helped define the exchange era and brought hundreds of millions of users…
Safaricom NSE (SCOM) has today announced strong financial results for the year ended March 31, 2026, marked by robust revenue growth, and dividend payout to shareholders. Group Net Income rose to KES 100 billion, driven by continued…
Mastercard has partnered with Yellow Card in a move that aims to acccelerate the adoption of stablecoin-powered payment solutions across Eastern Europe, the Middle East and Africa (EEMEA). The partnership will explore new use cases for…
Access Holdings Plc has reported audited results for the financial year ended December 31, 2025, which marks a significant turning point in its corporate journey as it shifts from a growth model defined by scale to one increasingly…
Absa Bank has just unveiled a new asset financing proposition in Kenya. It aims to deploy KES 100 billion over the next three years. Dubbed ABF 2.0, this enhanced offering is targeted at key sectors of the Kenyan economy including…
Global payments giant Visa has unveiled a new suite of artificial intelligence-powered dispute resolution services aimed at reducing fraud-related losses, cutting operational costs, and improving customer experience for banks, merchants,…
Absa Bank Kenya has unveiled a revamped asset financing proposition aimed at deploying KES 100 billion over the next three years to businesses and individuals. The enhanced offering is designed to improve access to productive assets and…
SBM Bank Kenya has announced a strong start to 2026, reporting a profit before tax (PBT) of KShs. 246 million for the first quarter up from KShs. 12 million in Q1 2025 reinforcing the Bank’s shift from turnaround stabilisation to…
Canada is implementing a federal framework for payment service providers under the Retail Payment Activities Act, overseen by the Bank of Canada. Under this framework, registered providers are subject to requirements for operational risk…
Visa announced a new suite of six dispute resolution tools to help address the growing cost, complexity and inefficiencies of payment disputes across the global ecosystem. These tools use artificial intelligence and automation to simplify…
Binance, the global blockchain ecosystem behind the world’s largest cryptocurrency exchange by trading volume, today highlighted the continued scaling of the Binance Card into Africa. Binance Card is a payment solution designed to enable…
