Mobile Money revenue grew by 26.5%, driven by a growth of 26.9% in East Africa and 25.4% in francophone Africa.
Author: Lynet Awino
Lynet Awino
Lynet Okumu, a Masinde Muliro University graduate, is a digital journalist passionate about impactful storytelling. She writes on health, business, relationships, and daily life, blending accuracy and creativity to craft engaging, informative content.
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Equity Bank Kenya has inked a deal with NALA Payments Limited, a remittance payment processing platform licensed in the UK and United States, to facilitate diaspora remittances into Kenya. The partnership will allow Kenyans living in the United Kingdom and the United States to instantly send money directly from their banks through the NALA app to Equity Bank Kenya accounts and other mobile wallets. According to NALA CEO Benjamin Fernandes, the partnership will allow it to build a more robust financial infrastructure for Kenyans worldwide. “Payments in Africa are 1% built, and technology enables us to make strides towards integrating…
Airtel Money Kenya Limited will take over and continue the provision of the Airtel Money Services