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.
The ‘M-Tiba’ platform provides a mobile ‘health wallet’ that directs funds meant for health services directly to recipients. By allowing for effective tracking and monitoring of how funds in the health wallet are used, M-Tiba brings transparency and accountability to healthcare financing and thus increases trust among donors, governments and other funders; who receive real-time access to […]
OkHi is a firm that aims to solve the lack of proper physical address systems in Kenya and beyond by enabling creation and secure sharing of physical addresses via one’s mobile phone. This they do by giving those without one, a digital OkHi address. According to Timbo Drayson, the firm’s CEO and co-founder, “without a physical address that works, many people […]
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 […]
SmartCook Energy is a venture-backed startup that is building a unique urban B2C technology platform aimed at disrupting the urban African cooking fuel market, with an initial focus on East Africa and plans for rapid pan-African roll out.
CardPlanet Solutions Limited is an ICT company that leverages on smart cards and related technologies integrated to the internet to create robust “chip-to-cloud” solutions. It has a mobile money payment system that targets businesses and NGOs. It received seed funding of $ 100,000 from 500 start-ups. Their main focus areas are health, identity, payments and loyalty.
The Savings Group (SG) e-kit is an android-based application that has electronic training materials on the SG methodology and operation. It contains five lessons in the form of interactive videos, each with an accompanying quiz on the key concepts covered. The five lessons should be sufficient to allow group formation and operation without the need […]
The Savings Group (SG) e-Recording app is an android-based application built to improve the quality and speed of data capture for SGs while enhancing transparency and security of the data, and providing a convenient and reliable solution to SG recording. It is used to record all the transactions of a savings group. It also captures […]
Kilimo Salama is a climate smart crop-index insurance scheme helping smallholding farms face the risks posed by adverse weather. Insurance can be purchased by individual farmers from registered vendors who have been equipped with a camera phone loaded with special software. At the time of sale, the salesperson takes a picture of a special bar […]
Kytabu aims to provide low cost access to textbooks by enabling consumers to purchase electronic materials on an Android tablet through mobile money. The application encrypts textbooks courtesy of publishers, which consumers can choose to rent as an electronic book for a day, week, month, school term or year. Consumers can also rent individual pages […]