BitKE

Kenya's Capital Markets Authority (CMA) operates a regulatory sandbox to test innovative financial market solutions. This three-step process involves enquiry, application review, and testing for up to 24 months, allowing firms to develop products in a controlled environment.

Kenyan startup Kotani Pay received a $100,000 grant from the Stellar Development Foundation's community fund, enhancing access to blockchain via local payment systems like M-PESA. The platform supports various sectors through its services, including transaction and consultancy fees.

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MyNITA is a money transfer app created in Niger to facilitate payments within the WAEMU region. It offers services like money transfers, agency searches, and bill payments. Compliant with BCEAO regulations, it allows users to manage transactions and find NITA agencies easily.

Peach Payments partners with Kenyan CRM Sukhiba to offer WhatsApp-based sales solutions for South African merchants, enhancing conversational commerce and payment processing, while enabling seamless customer engagement.

M-PESA, Kenya's leading mobile money service, now operates in over 170 countries with 70 million users. Celebrating 18 years, it processes 100 million transactions daily, evolving into a comprehensive digital financial services provider.

Pan-African venture capital firm 4DX Ventures, known for backing early-stage tech giants like Flutterwave, Andela, and Yoco, has appointed two heavyweight advisors to its leadership circle: Mimi Alemayehou and Kurankye Sekyi-Otu.
In a press release shared with BitKE, the move signals 4DX’s intent t

EziPay and MFS Africa have partnered to enhance remittance accessibility and interoperability for mobile wallets and bank accounts across Africa, benefiting businesses and individuals through expanded digital payment services.

Godwin Emefiele, the CBN Governor, announced over four million eNaira wallets created for a social intervention program, marking a 68% increase in transactions since early 2023. The eNaira aims to boost financial inclusion across all mobile devices.

Flutterwave, a leading tech unicorn in Africa, has secured Payment Services Provider and Facilitator licenses in Egypt, enabling it to offer payment solutions and support cross-border transactions, enhancing growth for local businesses and international firms.