In today’s fast-paced financial landscape, two powerful models have emerged as game-changers for underserved populations: microfinance and digital banking. Both aim to bring financial services to those excluded from traditional banking systems, but they do so in fundamentally different ways. As technology advances and the demand for inclusive financial solutions grows, the question arises: What…
Kenya is taking significant steps to regulate its cryptocurrency market. The National Treasury has unveiled a draft policy aimed at overseeing digital assets like cryptocurrencies, with a proposed budget of approximately KSh 1.82 billion. Budget Breakdown: Treasury Cabinet Secretary John Mbadi emphasized that the policy draws from international regulatory approaches, aiming to create an adaptive…
The Bank of Tanzania (BoT) has announced the launch of its much-anticipated Fintech Regulatory Sandbox. Applications for participation in this initiative will open from January 2 to January 22, 2025, marking a significant milestone in the country’s efforts to enhance financial inclusion and technological advancement. The Fintech Regulatory Sandbox provides a controlled environment where financial…
The Capital Markets Authority of Kenya (CMA Kenya) has recently welcomed Infiniti n Beyond Limited into its Regulatory Sandbox to trial OwnMali, a pioneering blockchain-powered real estate tokenization platform. This move marks a significant step in integrating blockchain technology into the Kenyan real estate sector. What is OwnMali? OwnMali aims to democratize property ownership by…
Moove, a mobility fintech company founded in 2020 by Ladi Delano and Jide Odunsi, has recently secured a significant investment of $100 million in its Series B funding round. This investment is led by Uber and includes participation from other notable financiers. About Moove Since its inception, Moove has expanded its operations into nine markets,…
