Latest finance stories from across Kenya.
Binance has announced that stock trading on its platform has surpassed $1 billion in assets under management (AUM) in 30 days since launch. The milestone is accompanied by more than $3 billion in total trading volume since the product went…
Visa has announced new capabilities across Visa Accept and Visa Direct aimed at expanding how smartphones can be used to accept and send digital payments. This will help small businesses manage transactions without requiring additional…
If you’ve ever bought traditional stocks before, you’re familiar with the practical side of owning shares in a publicly listed company. Open a brokerage account, place an order during market hours, and shares sit in that account until it’s…
African fintech startup Daya has raised $2.4 million in pre-seed funding to accelerate the development of its platform designed to simplify cross-border payments for businesses across the continent. The funding round was led by Hivemind…
NCBA is strengthening access to more affordable and sustainable homeownership through the rollout of its Solar Leasing solution to the Coast region, alongside its flexible Easy Build financing offering. These solutions were showcased…
Absa Bank Kenya has announced the resignation of its Chief Executive Officer, Abdi Mohamed, effective 30 June 2026, bringing to an end his tenure of just over three years at the helm of the lender. Absa Bank Board announced Abdi’s…
4G Capital has surpassed US$1 billion in working capital loans disbursed to small businesses across Kenya and Uganda. Since its launch in 2013, the company says it has supported around 800,000 entrepreneurs through more than 7.6 million…
Every great venture starts with a spark. It might be a fleeting idea scribbled on a napkin, a family recipe that everyone says you should sell, or a deep-seated passion you’re ready to turn into a profession. It’s the dream of a woman who…
When Annabelle opened her salon business, she was over the moon. She had a steady stream of customers, even on weekdays with clients ranging from kids to adults. The women in her estate loved how much they took care of them and her…
Kenya’s creator economy is no longer just an emerging industry—it is a powerful economic force. From bloggers and podcasters to YouTubers, influencers, and digital entrepreneurs, thousands of young Kenyans are building careers online,…
Equity Group Holdings Plc shareholders have approved all proposed resolutions tabled at the 22nd Annual General Meeting (AGM), including dividend payout, board appointments, and an expansion into insurance markets in Kenya and the…
Yellow Card has secured Anti-Money Laundering (AML) regulatory affiliation in Switzerland. The affiliation positions Yellow Card as a supervised financial intermediary, enabling it to serve banking partners, institutional investors and…
The latest sector statistics released by the Communications Authority of Kenya (CA) for the third quarter of the 2025/26 financial year (January–March 2026) demonstrate continued growth in mobile money services and the broader digital…
Nuvion has partnered with Visa Direct to improve real-time global payout capabilities for companies operating in multiple markets. Nuvion will integrate Visa Direct’s global payout network into its financial infrastructure platform. This…
Mwalimu National DT SACCO, in partnership with NCBA, today officially launched Salo Xpress, an innovative payroll management solution designed to simplify salary processing through enhanced efficiency, convenience, transparency, and…
Family Bank has officially rung the bell to mark the commencement of trading of its shares on the Nairobi Securities Exchange (NSE), becoming the largest private sector listing on the Exchange in over 17 years. Family Bank has listed…
South Africa’s small and medium enterprises (SMEs) are demonstrating growing digital sophistication, with widespread adoption of online payments and business financial tools, according to a new study by Mastercard. Findings from the…
Airtel Money has partnered with KCB Bank Kenya to allow customers to deposit and withdraw cash at more than 22,000 KCB agents nationwide. The collaboration brings together Airtel Money’s growing user base with KCB’s extensive agency…
It shows up in small, familiar ways. A moment of hesitation before sending money because you are not sure you keyed in the right number. The quiet frustration of repeating the same payment several times. The panic of hitting a transaction…
Flutterwave has announced a strategic investment from Ripple, a global provider of blockchain-based enterprise financial solutions. The investment forms part of Flutterwave’s Series E fundraising round. This values the company at $3.2…
PawaPay has announced it has surpassed three billion successful mobile money transactions. The company revealed that it processed its third billion transactions in under nine months, three months faster than it took to reach the previous…
Absa Bank Kenya has welcomed a new industry-wide initiative to promote digital payments through PesaLink. As part of the initiative, PesaLink transaction charges have been reduced to as low as KSh20 for transfers ranging between KSh1,001…
Diesel Price Drops by KSh10 Per Litre The Energy and Petroleum Regulatory Authority (EPRA) has released the maximum retail fuel prices that will apply across Kenya from June 15, 2026 to July 14, 2026. According to the regulator, the price…
Egyptian fintech startup Blnk has secured a total of $37.1 million in fresh funding, combining $12.5 million in Series A equity and $24.6 million in local debt facilities, as it looks to scale its point-of-sale financing solutions and…
