Safaricom and Mastercard Expand Merchant Services in Kenya
Partnership between Safaricom and Mastercard announced. Collaboration to benefit over 636,000 retailers using M-PESA.
Fintechs Face Delays in Kenyan Expansion Due to Lengthy Licensing Procedures
Fintech startups struggle to obtain operating licenses in Kenya. A Payment Service Provider (PSP) license can take up to two years due to approval delays.
Seamless Cross-Border Payments Across 130+ Countries
Partnership between Interledger Foundation and Chimoney. Enables cross-border payments in over 130 countries.
Slow licencing process is a headache for fintechs expanding to Kenya
Fintech startups struggle to obtain operating licenses in Kenya. Payment service provider licenses can take up to two years due to approval delays.
Kenya's telco Safaricom debunks cancelling payment for Starlink
Safaricom denies claims of restricting payment for Starlink services via M-PESA. Safaricom had proposed that satellite Internet providers in Kenya partner with a local licensee.
