• Can Pesalink Become Kenya’s Ultimate Digital Payments Powerhouse?

    Transferring money within Kenya remains a complex process beneath its seemingly straightforward surface. Often, funds originating from a bank account must pass through a mobile...

    Pesalink wants to be Kenya’s “digital payments rail.” Can it pull it off?
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    Transferring money within Kenya remains a complex process beneath its seemingly straightforward surface. Often, funds originating from a bank account must pass through a mobile wallet before reaching the intended merchant, with each step incurring fees and each platform fiercely protecting its own infrastructure. To address this, commercial banks introduced Pesalink, an instant payment system...
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  • 20 Innovative Startups Compete for N5m Grants in Thrilling Islamic Finance Pitch Challenge

    The 2025 African International Conference on Islamic Finance (AICIF) Pitch Competition recently showcased 20 innovative startups vying for a ₦5 million grant, underscoring Africa’s commitment...

    EFCC Denies Violating Atiku’s Son-in-Law’s Rights
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    The 2025 African International Conference on Islamic Finance (AICIF) Pitch Competition recently showcased 20 innovative startups vying for a ₦5 million grant, underscoring Africa’s commitment to nurturing a new wave of ethical and impact-focused enterprises. Hosted in Abuja on Saturday as a lead-up to the 7th AICIF scheduled for November, the contest drew over 200...
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  • How Airtime and Merchants Fueled a Stunning 12-Fold Profit Surge for GTCO’s HabariPay

    HabariPay, the fintech subsidiary of Guaranty Trust Holding Company (GTCO), has experienced an extraordinary surge in profitability, multiplying its earnings twelvefold over three years. The...

    Airtime, merchants drive 12-fold profit growth for GTCO’s HabariPay
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    HabariPay, the fintech subsidiary of Guaranty Trust Holding Company (GTCO), has experienced an extraordinary surge in profitability, multiplying its earnings twelvefold over three years. The company reported a landmark profit of ₦4.02 billion ($2.70 million) in the first half of 2025, a significant rise from ₦322.9 million ($217,094) recorded in the same period of 2022,...
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  • How Stablecoins Are Revolutionizing Legacy Finance for Businesses and Corporates

    The debate over the significance of digital assets in shaping the future of finance remains unresolved, yet a growing number of skeptics are discovering compelling...

    Analysis: Stablecoins are filling in legacy finance gaps for businesses, corporates
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    The debate over the significance of digital assets in shaping the future of finance remains unresolved, yet a growing number of skeptics are discovering compelling practical reasons to embrace stablecoins. Last week’s most notable development in the sector was MoneyGram’s announcement on September 17 of its collaboration with Crossmint to incorporate stablecoin payments into its...
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  • Africhange Technologies Limited Unveils USD Virtual Accounts and Exciting New Crypto-Powered Features

    Canada-based remittance firm Africhange Technologies Limited is broadening its service offerings by incorporating cryptocurrency functionalities into its established remittance platform. The company has unveiled three...

    Africhange Technologies Limited launches USD virtual accounts and new crypto-powered features
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    Canada-based remittance firm Africhange Technologies Limited is broadening its service offerings by incorporating cryptocurrency functionalities into its established remittance platform. The company has unveiled three innovative features that seamlessly blend
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  • CBN Slashes Interest Rate to 27%: What This Means for Nigerians and the Future of Fintech

    The Central Bank of Nigeria (CBN) has announced a reduction in the monetary policy rate (MPR) to 27%, marking the first decline since the onset...

    CBN cuts interest rate to 27%; what it means for Nigerians and fintechs
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    The Central Bank of Nigeria (CBN) has announced a reduction in the monetary policy rate (MPR) to 27%, marking the first decline since the onset of the COVID-19 pandemic in 2020. This adjustment follows a period of stability, with the rate held steady at 27.5% during the February, May, and July 2025 Monetary Policy Committee...
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  • Nigeria Takes the Lead as Global Stablecoin Supply Soars to a Record $283 Billion

    The stablecoin sector has recently shattered multiple milestones simultaneously. Token Terminal’s latest figures reveal that the total stablecoin supply has soared to an all-time high...

    Nigeria leads as stablecoins hit a record $283bn supply globally
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    The stablecoin sector has recently shattered multiple milestones simultaneously. Token Terminal’s latest figures reveal that the total stablecoin supply has soared to an all-time high of $283.2 billion, accompanied by a surge in monthly active senders reaching 25.2 million. Meanwhile, startups focused on stablecoin innovation have amassed over $621 million in funding during 2025 alone-an...
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  • How the Pesalink-TendePay Partnership Could Revolutionize Money Movement for Kenyan SMEs

    Pesalink has joined forces with Nairobi-based fintech TendePay to accelerate both bulk and individual payments, enabling small enterprises to instantly transfer up to KES 999,999...

    Pesalink-TendePay partnership may change how Kenyan SMEs move money
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    Pesalink has joined forces with Nairobi-based fintech TendePay to accelerate both bulk and individual payments, enabling small enterprises to instantly transfer up to KES 999,999 ($7,700) across all banking institutions. This collaboration highlights the growing role of private sector innovators in expanding payment solutions for businesses amid slower regulatory reforms. Operated by the Kenya Bankers...
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  • Stockbrokers Unite as Digital Innovation Revolutionizes the Capital Market Spotlight

    The Chartered Institute of Stockbrokers (CIS) is preparing to host its much-anticipated annual conference, centering on the transformative role of digital technology within the capital...

    Digital Innovation In Capital Market Takes Centrestage As Stockbrokers Converge
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    The Chartered Institute of Stockbrokers (CIS) is preparing to host its much-anticipated annual conference, centering on the transformative role of digital technology within the capital market landscape. Scheduled for October 16-17, 2025, in Abuja, this year’s event carries the theme: ‘Capital Markets in a Digital, Ethical, and Sustainable Era: Charting Pathways for Economic Transformation.’ The...
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  • 7 Million Africans Unlock $2 Billion in Credit Power with M-KOPA Over 15 Years – Report

    M-KOPA, a leading pan-African fintech company, has empowered over 7 million customers across five countries, facilitating more than $2 billion in credit since its inception...

    M-KOPA financial inclusion impact statistics 2025
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    M-KOPA, a leading pan-African fintech company, has empowered over 7 million customers across five countries, facilitating more than $2 billion in credit since its inception in 2010, according to the company’s latest report. What started 15 years ago as a venture selling pay-as-you-go solar energy kits in Kenya has evolved into a dynamic fintech platform....
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