Alternative Circle signs a $1.1 million agreement with Creditinfo Group to help launch the rival to M-Shwari, Shika

Kenya’s Alternative Circle has signed an agreement with the international credit risk management company, Creditinfo Group, to the tune of $1.1 million. The seed capital will see Alternative Circle gain a wider geographical footprint, which will in turn open doors for greater opportunities for the mobile financial solutions innovator. “Partnering with Creditinfo Group will not

ePayment Growth Fund

Interswitch extends the $10 million ‘ePayment Growth Fund’ to East Africa

Interswitch Group has announced the extension of a $10 million (approximately Ksh.1 billion) ePayment Growth Fund to East Africa. The fund targets any African startup at growth stage that has come up with disruptive concepts within the digital commerce payments industry in Africa. The ePayment Growth Fund targets at offering entrepreneurs working capital to scale