{"id":10828,"date":"2018-09-17T12:16:11","date_gmt":"2018-09-17T12:16:11","guid":{"rendered":"http:\/\/bulletins.bfconsulting.com\/?p=10828"},"modified":"2018-09-17T12:16:11","modified_gmt":"2018-09-17T12:16:11","slug":"kenyan-group-in-talks-with-ethiopian-banks-on-mobile-payments","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/kenyan-group-in-talks-with-ethiopian-banks-on-mobile-payments\/","title":{"rendered":"Kenyan group in talks with Ethiopian banks on mobile payments"},"content":{"rendered":"<p>Equity Group Holdings Ltd.\u2019s FinTech Unit is in discussions with six Ethiopian banks to collaborate on cross-border mobile payments and e-commerce. The company, acting via its wholly-owned subsidiary Finserve Africa Ltd., is targeting remittances from three million Ethiopians living outside the country as the country begins opening up its economy for foreign investment. The company expects agreements to be concluding within the next 3-6 months.<\/p>\n<p>Last year, Ethiopians sent back approximately USD 4.6 billion in remittances, equal to about 25% of the country\u2019s annual foreign exchange earnings.<\/p>\n<div class=\"rpbt_shortcode\">\n\n<div id='rpbt-related-gallery-1' class='gallery related-gallery related-galleryid-10828 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item' role='group' aria-label='BFC FinTech Monitor 30th October \u2013 10th November'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/bfc-fintech-monitor-30th-october-10th-november\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2020\/11\/15251d96-418e-48d5-8da1-b9e08d9a23081-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-15504\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-15504'>\n\t\t\t\tBFC FinTech Monitor 30th October \u2013 10th November\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='EY report: Fintech penetration rates around the world'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/ey-report-fintech-penetration-rates-around-the-world\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2017\/11\/EY-report_Fintech-penetration-rates-around-the-world-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-7042\" loading=\"lazy\" srcset=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2017\/11\/EY-report_Fintech-penetration-rates-around-the-world-150x150.jpg 150w, https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2017\/11\/EY-report_Fintech-penetration-rates-around-the-world-100x100.jpg 100w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-7042'>\n\t\t\t\tEY report: Fintech penetration rates around the world\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Global Insurtech Market Estimated to Grow to USD 10.7 Billion in 2027'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/global-insurtech-market-estimated-to-grow-to-usd-10-7-billion-in-2027\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2022\/02\/120f0a1f-92e1-e73b-b6e3-b90f195d92d01-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-16618\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-16618'>\n\t\t\t\tGlobal Insurtech Market Estimated to Grow to USD 10.7 Billion in 2027\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Equity Group Holdings Ltd.\u2019s FinTech Unit is in discussions with six Ethiopian banks to collaborate on cross-border mobile payments and e-commerce. The company, acting via its wholly-owned subsidiary Finserve Africa Ltd., is targeting remittances from three million Ethiopians living outside the country as the country begins opening up its economy for foreign investment. The company &hellip;<\/p>\n","protected":false},"author":5,"featured_media":11008,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[400,70],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/10828"}],"collection":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/comments?post=10828"}],"version-history":[{"count":4,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/10828\/revisions"}],"predecessor-version":[{"id":11009,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/10828\/revisions\/11009"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media\/11008"}],"wp:attachment":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=10828"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/categories?post=10828"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/tags?post=10828"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}