Blockchain startup Loyyal closes series A round from Dubai investors to build a universal loyalty and rewards platform

Blockchain startup Loyyal, the blockchain innovator building a global loyalty network has closed a Series A capital raise to complete development of its platform and accelerate its go to market strategy. The... Read more »

Nigeria’s Siri for banking, VoiceIt wins the $5K Re:Code Nigeria Hackathon Prize

The ‘VoiceIt’ beat 17 teams to become the best team to win the Re: Code Nigeria competition taking home ₦1.5 million ($5K), 6 months access to IBM Watson supercpmpouter APIs and 1 month free... Read more »

Sidian Bank taps IBM to bolster its digital banking offerings

Sidian Bank has turned to IBM to fuel its digital transformation promising its clients faster access to existing services like debit and credit card processing, bank account opening, teller services and wealth... Read more »

Equity Bank opens Zanzibar branch in an expansion drive

Equity Bank has launched a new branch in the coastal city of Zanzibar as it seeks to deepen its forays in the entire East African region. The Zanzibar branch brings to 14... Read more »

Kenya’s Equity Bank to process mortgage, corporate & SME loans through mobile phones

Equity Bank is targeting to process loans for its corporate and Small and medium-sized enterprises (SMEs) through its Equitel mobile and other digital platforms. Equity Bank says that its Equitel mobile platform... Read more »

KCB Group Q3 Pre-Tax Profit Grows 18.3% to KShs. 22.9Bn

Kenya Commercial Bank Group reported pretax profits of 18.3 per cent to KShs. 22.9Billion from KShs. 19.3Billion in a similar period last year due to growth in Net Interest Income, driven by asset... Read more »

I&M Bank Appoints New Chief Executive to Drive Growth

I&M Bank has appointed Mr Kihara Maina as the new Chief Executive Officer of I&M Bank, Kenya effective immediately in a move to expand the bank today. A seasoned career banker, Mr.... Read more »