FinTech

Lessons for Ethiopia’s Digital Lending Sector from Kenya’s BNPL Collapse

Lipa Later, a BNPL startup from Kenya recently entered into administration after raising millions in funding. Its story serves as a cautionary tale for Ethiopia’s emerging digital lending industry.

Yared Endale Appointed Visa’s Eastern Africa GM, Eyes SMEs, Cross-Border Payments

Yared Endale, General Manager for Eastern Africa at Visa, shares insights on the country’s payment ecosystem, financial inclusion, and the road ahead.

Addis Pay Caps Three Year Fintech Journey with a Nod from Ethiopia’s Central Bank

Nearly three years after being licensed by the National Bank of Ethiopia (NBE), Addispay Financial Technology S.C has received a final greenlight for a commercial payment gateway.

Nib International Bank Crafts Rebound with a Pair of Digital Payment Tools

According to the Bank, a Nib Paystream link enables users to receive payments from all banks.

Safaricom’s M-Pesa Partners with Dashen Bank, CashGo for Remittance Services

Dashen and M-Pesa are offering a 10% additional markup on average exchange buying rates for a limited time to entice new customers.

No More Screenshot Hassles as Dashen Bank’s Super App Changes the Game

The Super App doesn’t stop at payments. It introduces a suite of features designed to meet the diverse needs of modern banking customers.

Can you Own a Portion of a Home in Ethiopia for 50,000 birr? This Platform is Betting the House on it.

An innovative undertaking by three entrepreneurs looks to introduce fractionalized ownership of real estate into Ethiopia’s credit-squeezed property market.

The Promise, Peril of Equb in Ethiopia’s Financial Ecosystem

Viewing Equb through a different lens could transform the traditional practice into an alternative to conventional lending, merging tradition with innovation to empower financial inclusion.