Archive for February 2017

Kenya’s banks are aiming to compete with M-Pesa mobile money transfer with their own product, PesaLink. Their plan is to undercut M-Pesa on fees, but they will only serve bank account holders at first.

Leading African bitcoin startup BitPesa secured a US$2.5 million funding round from leading venture capital firms including Draper VC, Blockchain Capital, BnkToTheFuture, Digital Currency Group and Pantera Capital.