Tag: Kenya

Kenyan InsurTech startup Turaco closes $1.2m seed round

Turaco has netted $1.2m in a seed round. The Kenyan InsurTech startup will use it to expand into new markets and place new pilots and partnerships.

Kenya passes new data protection law to bolster its tech sector

Having already cemented its position as one of the top three nations for FinTech in Africa, Kenya has passed a new law to attract more tech investments.

Kenya looks to set up a FinTech regulatory sandbox

Kenya is looking to establish a regulatory sandbox to support the FinTech sector in the country, with its being ‘at the cusp of operationalising that policy.’

Kenya’s Equity Group spins out Finserve as independent FinTech

Kenya-based Equity Group has spun off its mobile virtual network operator (MVNO) Finserve as an independent FinTech company.

Kenyan FinTech Pezesha reportedly bags seed funding

Kenya-based P2P lending platform Pezesha has reportedly received an undisclosed strategic seed round of funding.

Kenya-based InsurTech Bismart receives funding from GreenTec

Kenya-based InsurTech platform Bismart has received an investment from GreenTec Capital.

Gates Foundation Accelerator names next four investments

Gates Foundation Accelerator has announced the next four FinTech companies it will invest into.

SureRemit closes ICO on $10m

Global remittance company SureRemit has closed its ICO on its hard cap, pulling in up to $10m.

Bike credit facility Watu Credit scores $1.5m funding

Kenya-based micro-lending platform Watu Credit has reportedly nabbed $1.5m in a debt financing round from Shinnecock Partners.This loan is made through lending platform Lendable,...

Branch International said to raise $2m debt financing

Mobile lender Branch International has reportedly raised $2m in debt financing from Nabo Capital and fund managers.

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