Tag Archives: fintech

Digital lending firm Tala has announced plans to reduce its workforce in Kenya as part of a broader global restructuring aimed at streamlining operations and centralizing key business functions. In a statement, the US-based fintech company said the exercise is expected to affect fewer than 10 percent of its employees …

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 …

Uber has suspended Visa card payments on its Kenyan platform, citing rising global costs of payment processing. A company spokesperson explained that Uber regularly reviews payment methods in each market to manage costs while minimizing disruption for users. “We routinely assess payment options on a market-by-market basis to keep costs …