Latest finance stories from across Kenya.
Tether has signed a Memorandum of Understanding (MoU) with the Nairobi Securities Exchange (NSE) to explore blockchain-powered financial market innovation, digital asset education and the tokenization of securities in Kenya. A key focus of…
KCB Bank Kenya has secured a US$100 million (KSh12.9 billion) financing facility from the European Bank for Reconstruction and Development (EBRD) in a move expected to expand access to credit for micro, small and medium enterprises (MSMEs)…
As everything has become more digitised, the internet has turned the world into a village. Everything is now available at the click of a button, whether transferring money from Kenya to the US or making delivery orders from China. Credit…
LemFi has partnered with BVNK to move its cross-border settlement infrastructure onto regulated stablecoin rails. The partnership enables near-instant settlement behind the scenes while keeping the customer experience unchanged. Users will…
PawaPay has been named one of the World’s Top Fintech Companies 2026 by CNBC and Statista. The recognition comes after a strong year for the company, during which it processed more than three billion mobile money transactions while…
NCBA Bank is reinforcing its leadership in Kenya’s affluent banking segment through two exclusive client engagements that blend premium lifestyle experiences with personalized wealth and Asset Finance Advisory. Held concurrently under the…
Two retirement schemes sponsored by Equity Life Assurance delivered double-digit returns above the industry average in 2025, with their combined assets under management surpassing Sh900 million, underscoring growing demand for structured…
Paystack and Pesalink have expanded their partnership, which will see the integration of Pesalink as a payment option on Paystack Checkout in Kenya. This will make it easier for customers to pay directly from their bank accounts while…
Visa and Safaricom hosted a “Game Iko On” Semi-Final Watch Party, bringing together customers, partners and football fans to celebrate their partnership and also promote the M-Pesa GlobalPay Virtual Visa Card. Developed by Visa and…
SCRYPT has expanded its licensed stablecoin settlement infrastructure into four East African markets. This will make it easier for banks, payment providers and corporate treasury teams to move funds between local currencies and stablecoins…
Kenya’s regulated digital lending industry has crossed the KSh150 billion mark after the Central Bank of Kenya (CBK) licensed an additional 25 Digital Credit Providers (DCPs), bringing the total number of licensed firms to 252. According…
Interswitch has appointed Geoffrey Njuguna as the new Managing Director of its Kenya business. Njuguna previously served as Regional Chief Financial Officer. As CFO, he helped streghten the company’s financial management, supporting…
Across Kenyan households, women steer the ship of wealth-building. They manage budgets, work hard to create financial stability for their families, and carry the weight of every financial decision, whether directly or indirectly. Yet only…
Yellow Card has received seven nominations at the Morgans Governance, Risk Management and Compliance (GRC) & Financial Crime Awards 2026 (Africa Edition). The nominations include the Organizational Excellence in Governance, Risk and…
Flutterwave has announced a collaboration with Xoom to facilitate faster cross-border money transfers into Nigeria. The partnership connects Xoom’s global remittance network with Flutterwave’s local payout infrastructure. With this, users…
Nuvion has announced the integration of Ripple USD (RLUSD) into its AI-powered global banking and cross-border payments platform. This gives businesses and fintechs access to faster, stablecoin-powered international payments and…
KCB Bank has partnered with Mastercard to introduce the Sahl Card, a Shariah-compliant payment solution designed to offer Islamic banking customers secure, convenient and values-driven financial services. The launch forms part of KCB’s…
I&M Bank has today expanded its premium cards portfolio with the launch of the Mastercard World Elite Metal Credit Card in Kenya. These cards are targeting high-net-worth individuals seeking exclusive travel, lifestyle and global payment…
Flutterwave has announced a strategic investment from Circle Ventures, the corporate venture arm of Circle Internet Group. The investment is an extension of Flutterwave’s involvement in the launch of the Circle Payments Network in 2025,…
Equity Group Holdings, AfricaNenda Foundation and the Gates Foundation have entered into a strategic partnership to accelerate the development and implementation of Digital Public Infrastructure (DPI) across Africa. The collaboration aims…
Visa is expanding access to Visa Pay for additional issuers across Africa and Central Asia through a software development kit (SDK) that helps banks, mobile money operators and fintechs embed Visa Pay capabilities into their existing…
The Kenya Revenue Authority (KRA) has reintroduced the Tax Amnesty Programme under the Finance Act, 2026, offering businesses and taxpayers an opportunity to eliminate outstanding tax penalties, interest and fines accumulated up to 31st…
Grey has added local currency deposits in Kenya and Ghana . Users can now fund their Grey account in Kenyan Shillings (KES) and Ghanaian Cedis (GHS) via bank transfer and mobile money. The new feature is designed to eliminate one of the…
Visa has unveiled a suite of new artificial intelligence (AI), stablecoin and tokenization capabilities designed to help financial institutions, fintechs and merchants across Central and Eastern Europe, the Middle East and Africa (CEMEA)…
