Kenya Fintech - Web3Africa

Stablecoins Meet M-PESA: Kenyan Mobile Money, Mpesa Adds PayPal

KenMichaelsAugust 5, 2025February 2, 202608 mins

PayPal integrates with M-Pesa’s 35.8M wallets, revolutionizing Kenya’s digital payments as mobile money revenue hits $1.25B. Freelancers and remote workers (5% of Kenya’s workforce) now access instant PYUSD stablecoin conversions at just 0.99% fees, bypassing inflation and FX bottlenecks. With 299,000 agents processing $17.83B annually, this integration positions Kenya as Africa’s stablecoin gateway for global commerce and financial inclusion.

Revenue-Backed Crypto Loans: Fuel Small Business Growth Without Collateral

KenMichaelsJune 5, 2025January 28, 2026010 mins

Africa’s $331B MSME credit gap meets its match: Jia Exchange issues collateral-free, USDC-denominated loans tied to revenue performance, not credit scores. Inflation-proof stablecoin lending with $0.00025 transaction costs and flexible repayment (2-6% monthly) serves entrepreneurs banks ignore. Revolutionary bonus: JIA token rewards transform borrowers into platform co-owners with governance rights. Backed by $4.3M from TCG Crypto and partnerships with Ilara Health, Jia redefines inclusive finance for emerging markets.

Copia Global Partners with Visa to Launch Digital Wallet for Rural Kenya, Then Collapses Six Months Later

KenMichaelsDecember 13, 2023January 14, 2026015 mins

In December 2023, Kenyan e-commerce startup Copia Global and payment giant Visa announced a five-year partnership to roll out the Copia digital wallet across more than 50,000 rural agents in Kenya. The Visa-powered wallet promises to combine shopping, credit, savings, and money transfers into one “super-app” that will help people in Africa get access to…