Faulu Microfinance Bank has modernised its core banking system as it looks to expand beyond its traditional focus on micro, small and medium-sized enterprises (MSMEs) and attract larger businesses. The upgraded platform is expected to increase the lender’s capacity to scale operations, improve service delivery and respond to the evolving …
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Mobile money subscriptions in Kenya increased by two million to reach 53.4 million in the third quarter of the 2025/26 financial year, highlighting continued expansion of the country’s digital payments ecosystem. According to the latest data from the Communications Authority of Kenya (CAK), subscriptions grew from 51.4 million in the …
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Airtel Kenya has announced a new partnership with KCB Group aimed at improving access to mobile money services across the country by expanding cash withdrawal and deposit points for Airtel Money customers. The collaboration will see Airtel Money users gain access to more than 30,000 KCB agents nationwide, allowing them …
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President William Ruto’s push for reforms in the global financial system received a significant endorsement after G7 leaders backed efforts to create a fairer, more efficient, and development-oriented international financing framework. In a joint declaration on international partnerships, G7 nations together with partner countries, including Kenya and South Korea, acknowledged …
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The Lower Eastern Times Opening The Third Eye
