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3232Kenyan Fintech Kwara Raises $3 Million in Seed Extension
https://www.digit.info/kenyan-fintech-kwara-raises-3-million-in-seed-extension/
Sun, 22 Jan 2023 08:30:58 +0000https://www.digit.info/2023/01/22/kenyan-fintech-kwara-raises-3-million-in-seed-extension/Read more]]>A Kenyan fintech that digitizes credit unions, Kwara, is reported to have raised $3 million via a seed extension round that was backed by DOB Equity, Globivest, and Willard Ahdritz. The latest round brings to $7 million the amount of capital that the fintech has now raised via this funding round. Kwara’s Client Base Kwara, […]
]]>Report: IMF Warns Kenyan Central Bank Against Introducing a CBDC That Harms Fintechs and Banks
https://www.digit.info/report-imf-warns-kenyan-central-bank-against-introducing-a-cbdc-that-harms-fintechs-and-banks/
Fri, 29 Jul 2022 11:30:45 +0000https://www.digit.info/2022/07/29/report-imf-warns-kenyan-central-bank-against-introducing-a-cbdc-that-harms-fintechs-and-banks/Read more]]>The global lending institution, the International Monetary Fund (IMF) has told the Kenyan central bank that its proposed digital shilling must “do no harm” to existing private sector digital money. The lender insisted the proposed central bank digital currency (CBDC) must “not stifle such welcome digitalisation developments by taking away customers of banks and other […]
]]>Kenya Based Technology Firm Switches to Pancakeswap, Cites High Gas Fees on Uniswap
https://www.digit.info/kenya-based-technology-firm-switches-to-pancakeswap-cites-high-gas-fees-on-uniswap/
Mon, 17 May 2021 06:00:01 +0000https://www.digit.info/2021/05/17/kenya-based-technology-firm-switches-to-pancakeswap-cites-high-gas-fees-on-uniswap/Read more]]>In its bid to help users avoid high gas fees on Uniswap, a Kenya-based fintech firm, UTU, recently launched a liquidity pool on the decentralized exchange (dex), Pancakeswap. This launch enables prospective UTU coin buyers to acquire the token “with low fees and fast confirmation times.” In a statement posted on the firm’s blog, UTU, […]
A Kenyan fintech that digitizes credit unions, Kwara, is reported to have raised $3 million via a seed extension round that was backed by DOB Equity, Globivest, and Willard Ahdritz. The latest round brings to $7 million the amount of capital that the fintech has now raised via this funding round. Kwara’s Client Base Kwara, […]
The global lending institution, the International Monetary Fund (IMF) has told the Kenyan central bank that its proposed digital shilling must “do no harm” to existing private sector digital money. The lender insisted the proposed central bank digital currency (CBDC) must “not stifle such welcome digitalisation developments by taking away customers of banks and other […]
In its bid to help users avoid high gas fees on Uniswap, a Kenya-based fintech firm, UTU, recently launched a liquidity pool on the decentralized exchange (dex), Pancakeswap. This launch enables prospective UTU coin buyers to acquire the token “with low fees and fast confirmation times.” In a statement posted on the firm’s blog, UTU, […]