Alternative to Banks: 5 Mobile Wallets for Developing Countries
Mobile wallets help to convert cash into digital money without depending on banks
Mobile wallets help to convert cash into digital money without depending on banks
Agricultural finance and financial inclusion remain major topics in Kenya’s fintech and banking sectors, as lenders and investors look for new ways to fund smallholder farmers. Against this backdrop, fintech platform Kaleidofin announced the first close of a local currency securitisation programme focused on smallholder agriculture in Kenya.
Aurionpro Solutions Limited announced an expansion and upgrade of its transaction banking engagement with Diamond Trust Bank (DTB). The update covers Kenya, Uganda, and Tanzania.
A new deal between Pesalink and PAPSS will let Kenyans send money across African borders in local currencies, cutting out the correspondent banking chains that have long made such transfers slow and expensive.
Date: 11 March 2026Location: Radisson Blu Hotel, Nairobi Upper Hill, Nairobi, KenyaHost: International Center for Strategic Alliances (ICSA)Event Type: Conference & Awards Ceremony
Across the Americas, Europe, Asia, and Africa, startups secured billions in funding this December. Explore the top deals driving growth in AI, fintech, healthcare, robotics, and sustainable energy as we’re moving towards 2026.
Paystack new integration with Kenya’s real-time interbank network PesaLink unlocks direct bank payments 24/7, giving merchants faster cash flow and customers a simpler, card-free way to pay.
Mobile money is one of the main drivers of financial inclusion in low-income economies where such financial accounts surpass traditional bank ones.
Kenya Digital Exchange (KDX) will enhance the country‘s financial market infrastructure by offering a secure and fully regulated way to tokenise real-world assets.
Event Link: www.biiafricabanksummit.com/16summit Event Registration: www.biiafricabanksummit.com/register Download Event Agenda: www.biiafricabanksummit.com/download-agenda The 16th Edition of Africa Bank 4.0 Summit, will draw a Pan African focus on “Innovation for a Sustainable Future: Building Africa’s Inclusive and Resilient Banking Ecosystem”. ? Conference and Exhibit: 13th – 15th May, 2025 ? Africa Bank 4.0 Awards (Pan Africa): 14th May […]
Empowering East Africa’s Financial Future March 12, 2025 | Nairobi, Kenya The 20th Edition Connected Banking Summit Innovation & Excellence Awards 2025- East Africa is schedule to take place on March 12, 2025, in Nairobi, Kenya. This year’s summit focuses on empowering the region’s financial future by addressing pressing challenges, celebrating innovative solutions, and fostering collaboration […]
Equity Group Holdings Plc, Kenya’s largest bank by market capitalization, intends to increase lending in the domestic market by 5% in the second half of the current year.
Kenya’s standing as a preeminent hub for financial technology in the African continent is unquestionable and well-established. According to the comprehensive African Tech Startups Funding Report 2023, released by Disrupt Africa, Kenya proudly hosts approximately 15% of all fintech firms operating in Africa.
Bitcoin mining giant Marathon Digital Holdings will support energy utilization and optimize renewable energy projects across Kenya
Microsoft and G42, a leading AI company in the United Arab Emirates, have joined forces to implement a project that involves the construction of a geothermal-powered data center in Kenya.
The new saving product targets Tala Kenya’s existing pool of 3.5 million customers, helping the company’s transition from a digital lender to a full-scale financial provider.
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