Microfinance vs digital banking

Microfinance vs. Digital Banking: Who Will Win the Battle for the Unbanked?

In today’s fast-paced financial landscape, two powerful models have emerged as game-changers for underserved populations: microfinance and digital banking. Both aim to bring financial services to those excluded from traditional banking systems, but they do so in fundamentally different ways. As technology advances and the demand for inclusive financial solutions grows, the question arises: What…

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Kenya Mobile Money Transafer

Mobile Money transactions Dip by 14.5% as Government Plans to Trace Transactions

Mobile money, a cornerstone of Kenya’s financial landscape, has seen a sharp decline in transactions, dropping by 14.5%. This marks a significant shift in a sector that has long been heralded as a driver of financial inclusion and economic growth. The downturn, coupled with government plans to trace transactions, signals both challenges and opportunities for…

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Kenya Mobile Cash Industry

Kenya’s Digital Gold Rush: Unlocking the Financial Markets Potential using Mobile Phones

The Mobile Revolution Kenya, with over 32 million smartphones in use, is undergoing a financial transformation. Mobile money platforms like M-Pesa have revolutionized transactions, allowing many Kenyans to save, send, and receive payments without traditional banking. This change has been pivotal for 44% of the population previously excluded from formal banking services. Now, a new…

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