Tag: Kenya

Safaricom, a prominent telecommunication leader in East Africa, and Mastercard, a global pioneer in payment technology, have announced a new partnership aimed at transforming the payment acceptance and cross-border remittance landscape in Kenya.

On 23 April 2024, the Organization for Economic Co-operation and Development (OECD) published a pivotal update, listing jurisdictions newly committed to the Automatic Exchange of Information (AEoI) and CRS Reporting. Taina Tech, which offers a fully automated FARCA and CRS validation platform, has recently commented on what these changes mean. 

Key African FinTech investment stats in Q1 2024: • African FinTech deal activity reached 40 transactions in Q1 2024, a 40% drop YoY • African FinTech...

Mastercard and Equity Bank have unveiled a strategic collaboration that will revolutionise the way money is transferred across borders.

Key African InsurTech investment stats in 2023: • African InsurTech companies raised a combined $30.4m in 2023, a 53% reduction from 2022 • African InsurTech deal...

Key African FinTech seed investment stats in 2023 • African FinTech seed deals totalled at 116 transactions in 2023, a 49% drop from 2022 • African...

Thunes, a leader in global cross-border payments, has announced an expansion of its ambitious tree-planting initiative in collaboration with Handprint, a company dedicated to impactful environmental projects.

Nigerian trade finance startup FrontEdge, a company focused on facilitating cross-border trades for African SMEs, has raised a substantial $10m in a mix of debt and equity funding.

Key FinTech investment stats in Africa during Q3 2023: · African FinTech deal activity reached 51 transactions in Q3 2023, a 28% drop YoY · African...

Key FinTech investment stats in Africa during Q3 2023: • African FinTech deal activity reached 51 transactions in Q3 2023, a 28% drop YoY • African...