Retail Innovations

The pace of innovation in financial products and services in Kenya is fast. Here you can browse a comprehensive and up to date catalogue of technology-enabled retail financial products in the Kenyan market. 

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little cab
Retail innovations
August 2016

Little

LittleCabs  is Safaricom and Craft Silicon’s taxi-hailing service. What makes Little more innovative and inclusive – especially for the Kenyan market – than similar providers is that users without internet and/or smartphones can request for rides by dialing the USSD code *826# on their mobile phones.  Additional incentives to riders include free WiFi on the rides, ability […]

sawapay
Retail innovations
May 2016

PesaCheck

The brainchild of Code for Kenya and the International Budget Partnership – Kenya (IBP-K), PesaCheck is media-focused fact-checking service used to ascertain the statistical accuracy and relevance of budgetary allocations in all public interest projects in Kenya. Inspired by  by the discrepancies in the reporting of the Kenyan govt budget policy statement for 2016/2017 by the media and […]

no-image
Retail innovations
March 2016

SimbaPay

Simba Pay is a digital money transfer firm that enables users living in these EU countries to send money back home instantly and free of charge and directly tone’s mobile money wallet, merchant or bank account. The firm aims to disrupt the cross-border remittance industry with speed and convenience as the key value proposition. It also […]

ID-100313952
Retail innovations
March 2016

Pesacom

PesaCom, short for Pesa Comparison is a price comparison website for users to search, compare, and apply for lower rates and cheaper prices on a whole range of products across money (personal finance), insurance, and utilities.This includes loans, credit cards, car insurance, home insurance, Digital TV, and mobile phones. Image Credit: Freedigitalphotos.net

ID-100313969
Retail innovations
February 2016

Akiba Mkononi Mobile Savings Account

Akiba Mkononi is a Virtual Savings Account by Airtel in partnership with United Bank of Africa (UBA Bank) comparable to Safaricom and CBA’s M-Shwari which enables its users open a bank account, borrow and save from as low as Ksh.5 to as much as Ksh.140,000 daily via their from their Airtel Money accounts. To access the service, users simply dial […]

ID-10014107
Retail innovations
February 2016

WeFarm

WeFarm is a free peer-to-peer service that enables farmers to share information via SMS, without the internet and without having to leave their farm. Farmers can ask questions on farming and receive crowd-sourced answers from other farmers around the world in minutes. Popularly known as the internet for people without the internet, WeFarm is a […]

ID-100296994
Retail innovations
February 2016

Revuka

Revuka is a price comparison website that enables one to compare the general cost of accessing a variety of financial products such as mortgage, insurance, credit cards, and loans in Kenya. Revuka does not charge a fee for shopping around for loans on a consumer’s behalf. On disbursement of the loan, revuka.com will receive a one off […]