Banking & Payments

For quite some time now, the Central Bank of Kenya (CBK) has been seeking to ring-fence mobile money services away from telecom businesses. To this effect, the second biggest telecommunications service provider in Kenya, Airtel Networks Limited has split with Airtel Money. This separation has... Read More

GT (Guaranty Trust) bank is one of Africa's biggest financial service providers. The financial service provider currently serves over 24 million customers across 10 African countries and the United Kingdom. A couple of years ago, GTBank, in Nigeria, introduced a new offering to its users - a salary-based... Read More

Carbon - formerly Paylater - is one of Nigeria's earliest digital financial companies. The fintech platform is licensed by the central bank of Nigeria (CBN) to offer instant loan services – among other benefits like unlimited free money transfer, free bill pay, airtime top-ups, etc... Read More

Kuda is one of Nigeria's first fully online banks. The digital bank currently has over 3 million users across the country. The Kuda app has some really interesting features its users enjoy - the virtual card option, for instance. However, one feature that has really... Read More

Hackers are getting ready to compete in the second MTN MoMo Hackathon as they develop innovative Fintech applications using the MTN Mobile Money (MoMo) API. Last Friday, MTN Uganda alongside Outbox unveiled the top 12 who are shortlisted to continue with their ideas/projects. These will... Read More

Meta, WHO owns Facebook, aforementioned that applications are currently open for the AR/VR African continent Metathon, which is able to be commanded with Imisi 3D and BlackRhino VR. The AR/VR continent Metathon may be a set of programs and events placed on by the Meta... Read More

The Ugandan police recently introduced express ticket system. With this new system, offenders are issued instant tickets attached to their vehicle's number plates. If you drive your own car, you probably already know whether you have a police ticket. But if you have a shared... Read More

In a bid to further drive financial inclusion, MTN Mobile Money Limited Uganda yesterday launched a partnership with XENO Investment Management Limited to extend investment management services to more Ugandans, conveniently through the robust, accessible, and widely-used MTN MoMo platform. XENO services can be accessed... Read More

Although there continue to be concerns around how collateral-free loan apps go about loan recovery in Nigeria, it has had very little effect on the growth and popularity of these platforms in Nigeria. This increasing popularity and patronage can be attributed to a couple of... Read More