The numbers are in and the jury is out. The world over the fintech craze that underpins lending outside the traditional banking ecosystem continues unabated. Whether the channel of consumption is online, mobile or the services packaged differently such as pay day lending and layaway financing, investments continue to pour in chasing opportunities in a … [Read more…]
It has been a jargon, whitepaper and report laden year with things happening across all major sectors from medicine, media, arts, security, environment, telecommunications, finance and even government. That ought not to be a surprise since every business is a technology business in this day and age. I have done my fair share of reading, … [Read more…]
The rigidity of the financial services sector has not played in the favor of the 42 players and when you add the recent budget curveball that requires players to raise the minimum core capital to Sh 5 Billion up from the current Sh1 billion, signaling the start of industry wide consolidation, it may be a … [Read more…]
I am impressed by the work that went into the Mpesa Generation II platform iteration. While it has grown in complexity, it covers almost all the permutations that make for a more efficient business operation where the speed of cash flow is key to sustaining many enterprises. We have in the past explored how the … [Read more…]