Results 1 - 10 of 144
Retail innovations
January 2016


This is National Bank of Kenya’s partnership with Airtel Kenya to deliver mobile banking services through the Airtel money service. Through this mobile banking service, Airtel Kenya customers will be able to access their National Bank accounts with minimal charges. The service is accessible by simply dialing *625# on any Airtel Kenya line. Customers can view their accounts, […]

Retail innovations
January 2016


U-Social is an online-based application from UBA Bank that enables its customers to access various services right from their Facebook account. Upon download, the app syncs immediately with the user’s Facebook account. Users accessing U-Social will be presented with four options which are; open account, enrollment, locate services and settings.Services available via the app include: transferring money […]

Retail innovations
January 2016

Huduma Kenya Smart Card

Once launched, those seeking services from the Huduma Centers will use the smart cards instead of cash to pay for services. This is a service to be launched by the Ministry of Devolution and Planning. The Huduma Kenya Smart Card will reduce the risk of carrying cash, incidences of corruption, pilferage of government funds as well […]

Retail innovations
December 2015


BitPesa is a bitcoin remittances and trading platform for Africa. There most popular product in Kenya is the Bitcoin to Kenyan Shilling (KES) remittance product, though they’ve also started the sale of Bitcoin in Kenya and Ghana.  According to their website, BitPesa has a team of 9 full-time employees, and recently closed a follow-on round of $1.1M. The November funding round brought […]

Publications -
November 2015

The M-PESA effect: Are financial transaction costs a barrier to more effective insurance for families in Kenya?

This research brief summarizes findings from 3 published papers looking at how M-PESA has affected the lives of Kenyans. It explores how reductions in transaction costs through M-PESA has enabled Kenyans to be more resilient in coping with the consequences of unexpected income shocks.  These findings are based on the  2008-2014 M-PESA household panel survey conducted […]