The number of retail investors participating in Unit Trusts has risen significantly over the past decade driven mainly by the use of technology that has seen...
The Central Bank of Kenya (CBK) has approved digital credit provider (DCP) Tala to provide credit services in the country. Tala is among an additional 12-DCPs...
A surge in finance app installation and downloads for mobile loans rose by five per cent between January and September 2022, a new report shows, highlighting...
The High Court has ordered Safaricom and the central bank to halt the re-introduction of charges on transactions made between mobile money wallets and lenders pending the...
At least Sh14 billion has been borrowed from Hustler Fund in just one month, an average of close to Sh400 million per day, rivalling Safaricom’s overdraft...
A war is brewing between banks and Safaricom over a share of the multi-billion shillings payment sector after the latter slashed M-Pesa commission charges. Commercial banks...
The government is banking on science, innovation and technology to spur job creation amongst the youth in the country, Deputy President Rigathi Gachagua as he pledged...
Financial company Aspira Kenya has unveiled a school financing loan facility, allowing parents to borrow school fees for their children. Dubbed ‘Soma Education Loan’, the facility...
An estimated 26 percent of Nakuru County residents are addicted to betting, says a new household survey. FinAccess Household Survey conducted jointly by the Central Bank...
Digital lender Zenka Digital has announced a partial write-off of past interests due owed by customers across its entire loan portfolio. The move will see a...