Inovate Omnicient Award

Omniscient Wins Prestigious Financial Inclusion Award

Omniscient, a prominent South African fintech company, recently received the Finovate 2024 Excellence in Financial Inclusion Award, recognizing its innovation in delivering financial services to underserved communities. This achievement highlights the growing importance of fintech in bridging the financial divide globally, particularly in developing markets like Kenya. Kenya too has made remarkable progress in financial…

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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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Mpesa Dahabshill Agreement

M-Pesa and Dahabshiil Forge Landmark Deal to Simplify Remittances for Ethiopians Abroad

M-Pesa, a leading mobile money service, has signed an agreement with Dahabshiil, a major money transfer firm, to facilitate direct remittances to Ethiopia. This move is set to enhance financial inclusion and ease the money transfer process for Ethiopians living abroad. Convenient RemittancesThe collaboration aims to simplify how the Ethiopian diaspora sends money home, offering…

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