FinTech

Kazana Group’s Smilepay Debuts as Ethiopia’s Latest Licensed Remittance Platform

Smilepay, a Kazana Group portfolio company, just entered Ethiopia's digital remittance market. Licensed by NBE, it is integrated with 29 banks and aims for cross-border payment efficiency.

Ethiopia Mandates Government Offices to Accept Digital Payments from All Service Providers

Despite reforms allowing fintechs and non-bank entities to enter the market, unfair trade practices and government favoritism have been prevalent in Ethiopia’s digital financial services sector.

Making Space for Fintech Innovation in Ethiopia

Digital lending, mobile money, and online banking need more than ideas, they need an ecosystem with regulatory support and capital access. Sandboxes offer a critical bridge.

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.