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Kenya directs all banks to stop dealing with Chipper Cash, Flutterwave, saying they are unlicensed
TechCrunch· 2 years agoA day after Central Bank of Kenya (CBK), Kenya’s monetary authority, said that Chipper Cash and...
Kenya Central Bank Takes Ambivalent Stance on Digital Currency
CoinDesk via Yahoo Finance· 11 months agoThe Central Bank of Kenya said "pain points" in the country's payments systems can be addressed by...
Kenya Surprises by Hiking Key Rate to Almost 12-Year High
Bloomberg via Yahoo News· 3 months ago(Bloomberg) -- The Central Bank of Kenya surprised financial markets by raising borrowing costs to...
Google removes hundreds of Kenya-focused loan apps from Play Store
TechCrunch· 1 year agoGoogle has taken down hundreds of loan apps from the Play Store in Kenya since its new policy, which...
US-based fintech Umba buys majority stake in Kenya's Daraja microfinance bank
TechCrunch· 2 years agoUmba, a U.S.-based digital bank with a focus on emerging markets, has acquired a majority share of...
Google to ban unlicensed loan apps in Kenya as new rules take effect
TechCrunch· 1 year agoGoogle’s new policy requiring digital lenders in Kenya to submit proof of license to operate in the...
New rules for digital lenders in Kenya aim to weed out bad actors while bolstering sector growth
TechCrunch ExtraCrunch· 2 years agoFresh regulations are often met with skepticism from startup founders, but digital lenders in Kenya...
Flutterwave cleared as Kenyan court okays agency's request to withdraw second case
TechCrunch· 6 months agoAfrican fintech Flutterwave is off the hook in Kenya after the high court allowed the country’s...
Kenya is running out of US dollars
Quartz via Yahoo Finance· 1 year agoKenya is facing an acute foreign exchange crunch, with US dollar reserves dropping to their lowest in eight years as its currency keeps plummeting...
Google clamps down on illegal loan apps in Kenya, Nigeria
TechCrunch· 1 year agoGoogle is requiring loan apps in Kenya to submit proof of license to operate in the country, failure...