Search Results for: M-Pesa

Uber Africa launches Uber Cash in partnership with Flutterwave

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Uber Africa launches Uber Cash in partnership with Flutterwave

Uber will launch its Uber Cash digital wallet feature in Sub-Saharan Africa in partnership with San Francisco based  Nigerian founded fintech firm Flutterwave. This will let riders to top up Uber wallets using the dozens of remittance partners active on Flutterwave’s Pan-African network. Flutterwave works as a B2B payments gateway network that allows clients to tap its APIs and customize payments applications. Uber Cash will go live this week and next for Uber’s ride-hail operations in South Africa, Kenya, Nigeria, Uganda and Ghana, Ivory Coast and Tanzania, according to Alon…

Safaricom’s Zuri Migrates from Facebook to WhatsApp

Dianne Jacobs
Zuri

Zuri, has migrated from Facebook messenger to Whatsapp. Facebook, still a top tier app in Kenya in terms of popularity, is not Kenya’s most popular conversation and chatting app. In that regard, Whatsapp is. Hence the reason why Safaricom have moved Zuri to Whatsapp. Allowing more Kenyans to access it, and use the chatbot to its full capabilities. Through the creation of Safaricom’s chatbot, the precedence of AI in Kenya has taken a new turn. With Safaricom being the trail blazer in a constantly changing Kenyan tech space, AI has…

Safaricom to roll out their 5G Network this year

Dianne Jacobs
Safaricom

Kenya’s biggest telecom carrier,safaricom as they roll out their 5G network this year. Michael Joseph, Safaricom’s Acting CEO said this this week according to Business Daily. He said this at a time where Huawei has been under criticism by the US authorities over them building 5G networks, citing security concerns. “We will use Huawei in 5G. What will we do in terms of the American statements about not using Huawei? We don’t have that situation in Africa,” Michael Joseph was quoted as saying. Huawei has been battling the United States…

Samsung partners with Safaricom and M-kopa

Dianne Jacobs
Samsung

Technology firm Samsung has partnered with Safaricom and M-Kopa to roll out a Pay-As-You-Go mobile phone solution in Kenya. This initiative is described as a world first mobile security solution enabling carriers, financial partners and retailers running installment plans to remotely manage Samsung devices. The initiative will leverage the benefits of Safaricom’s fast 4G data network and service in Kenya. Essentially, the pay-as-you-go initiative will enable carriers and dealers to expand their current customer base with lower upfront fees and interest rates. It offers customers the opportunity to access a…

Safaricom and M-Gas Launched Prepaid Gas

Dianne Jacobs
M-Gas Mpesa Central Bank of Kenya

Safaricom and M-Gas have launched prepaid gas service for Kenyan households. This is expected to empower millions of Kenyan homes to enjoy access to clean, affordable and reliable cooking gas, providing them with the flexibility of purchasing gas based on their needs and how much they can afford at a time. M-Gas is tackling existing access barriers to clean cooking by eradicating both the upfront cost required for a gas cylinder and gas cooker, often more than Sh6,000 and the high refill cost of Sh2,000 per cylinder. Safaricom’s partnership with…

Safaricom invites bids of a location tracking platform

Dianne Jacobs
Safaricom

Safaricom has invited bids to seek suppliers of a location tracking and intelligence platform. In a bid notice, they express interest to take advantage of a location intelligence system which will help them build customer profiles based on their location, according to Business Daily. “Consequently, the evolution of the mobile network and devices has enabled Safaricom to gather information from the connected devices. At the core of any reliably connected device is an accurate location intelligence system,” the bid notice said. According to the latest sector statistics by the Communications Authority,…

Visa acquires stake in Nigeria’s Interswitch

olivia Craig
Buy on Google ,Commission feesgoogle waive

Nigerian digital payments firm Interswitch confirmed today it has reached unicorn status after Visa acquired a minority equity stake in the firm. Global payments giant Visa will invest $200 million for 20% stake in Interswitch, electronic payments company, UK’s Sky  News reports. The investment places a billion-dollar valuation on 17-year old Interswitch and is a major boon ahead of a proposed initial public offering slated for  the London Stock Exchange next year. “The investment makes Interswitch one of the most valuable African fintech businesses with a valuation of $1 billion,”…

West African Market on the radar after Kenya’s Twiga Foods bags $30M Goldman Sachs boost

olivia Craig

Kenya’s Twiga Foods has raised a total of $30 million from lenders and investors led by Goldman Sachs. Top American investment bank Goldman Sachs is the latest to acquire a stake in Kenyan start-up Twiga Foods following a Sh2.44 billion ( $23.75 million) deal that will help the agro-based firm spread across the country and Africa. The B2B food distribution company financed $6.25 million of the funding in convertible debt and $23.75 million in equity, classified as a Series B round. IFC, TLcom Capital, and Creadev joined Goldman on the…

Cellulant’s super payments app Tingg unveiled in 8 African countries

Tingg Celuulant

Cellulant the African fintech company has Tuesday announced the launch of Tingg, an all-in-one, multi-functional consumer super app that will include a wide array of payment, commerce and financial services into a single platform that will revolutionize the way customers interact with digital payment services in the continent. The pan-African payments firm has been quietly building a payments super app to bring bill payments, remittances, lending, group investments, food and gas orders in one app in its eight markets across Africa. The firm has now announced a major rebrand of…

Koko Energy firm Launches ethanol burners to be refuelled using Smart ATMs

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Koko Energy firm Launches ethanol burners to be refuelled using Smart ATMs

Energy solutions firm Koko Networks has unveiled a two-burner ethanol stove for low-income households as it seeks a piece of the cooking gas business. The specially-designed cookers will retail at Sh7,000 and come with a refillable smart canister with a capacity of 2.3 litres that dock with KOKOpoints, which then dispense fuel they have pre-purchased by topping up their KOKO accounts with M-PESA. They then take their smart canister home to dock into their KOKO Cooker, a modern, high-power 2-burner ethanol stove that delivers affordable cooking energy, safely and conveniently.…