Tag: Business

How to Claim Income Tax Refund

  Let’s be real, Income tax is scary. Every year, as the financial closing month rolls in, the earning population everywhere gets anxious. People begin to ask and provide all kinds of answers about how to save tax. Refunds, TDS, forms, and the budget become the most discussed topics all ...

Lease-to-own motorcycle taxi lender Watu Credit raises $1.5m to expand across the country

In 2015, the Motorcycle Assemblers Association of Kenya estimated that on average 8 million Kenyans used a boda boda daily, generating USD.3.9Million (Kes400.00Million) in revenue. Mombasa-based rent-to-own boda boda (motorcycle taxi) lender Watu Credit, has received US$1.5Million (Kes.156.Million) in debt finance via lending marketplace Lendable Inc., who secured the off-balance ...

VC4A Launches Startup Academy

Venture Capital for Africa (VC4A), African platform for startup funding, has launched VC4A Startup Academy, an online resource designed to empower founders to take their business to the next level. Founders can take their business to the next level by learning about the latest insights, download tools and listen to advice from 35 experts ...

UPDATED: Tangazoletu hits ten years, seeking partners to bring financial services to ten million unbanked Kenyans

Kenya's mobile money integrator for merchants Tangazoletu has marked ten years of its existence with an ambitious target to bring ten million unbanked Kenyans in the informal sector through financial technology solutions. According to Chief Executive Officer of Tangazoletu Mr.Chris Gathingu the firm will collaborate with more than 70 partners ...

Kenya’s PesaPal becomes only payments aggregator in the region to achieve PCI PIN Transaction Security (PCI PTS) Certification

In 2014, Kenya's payments aggregator PesaPal achieved PesaPal is PCI-DSS Level 1 certification to ensure that all transactions over its platform are secure, and trusted with sensitive payment information by both merchants and cardholders shopping online or offline. Now, PesaPal has added PCI PIN security certification for its mobile point ...

South Africa’s Capital Appreciation acquires 100 percent of fintech firm Synthesis for R132.1 million

JSE listed Capital Appreciation  has acquired 100 percent of fintech software firm Synthesis Software Technologies for R132.1 million as its strategic future growth platform as it eyes expansion beyond South Africa. According to Bradley Sacks, joint CEO of Capital Appreciation, “This acquisition is in line with Capital Appreciation’s value creation ...

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