Kenya Financial Services

List of all articles filed under “kenya-financial-services” category.

Behind the Scenes of Africa’s Digital Finance: Virtual Pay’s White-Label Strategy for Banks and Financial institutions

May 9, 2025

In this section of the interview with David Morema, CEO of Virtual Pay, he explains why the company has been cautious about extending its services to the retail market. Morema highlights that the primary challenge lies in client acquisition and market penetration, which can be both resource-intensive and slow when targeting individual consumers.

Instead, Virtual Pay has chosen to focus on its core clientele: banks and larger financial institutions. According to Morema, this strategic focus enables the company to maximize its impact by providing seamless, white-labelled payment solutions that these institutions can offer to their own clients. He emphasizes that Virtual Pay does not view itself as a competitor to banks and financial institutions. Rather, the company positions itself as a collaborator and partner, enhancing the financial ecosystem by helping banks deliver cutting-edge payment services under their own brand.

This approach, Morema explains, not only aligns with Virtual Pay’s strengths but also allows for scalable growth and sustained innovation within the financial services sector.

Financial Independence for Kenyans: Jonathan Asena’s Vision for Kimisitu Sacco

November 5, 2024

In this engaging interview, Jonathan Asena, the Marketing and Business Development Manager at Kimisitu Sacco, delves into the cooperative’s mission and milestones. With a history spanning nearly 40 years, Kimisitu Sacco stands out in Kenya’s financial landscape, now serving over 14,000 members across 70 countries. Known for its dedication to digital transformation, Kimisitu offers services that extend far beyond traditional savings and loans. Jonathan discusses the Sacco’s emphasis on affordable credit, financial literacy, and housing solutions, as well as its commitment to supporting Kenyans both locally and abroad. Discover how Kimisitu Sacco is empowering individuals and making financial independence accessible to a global Kenyan community.

Alpesh Vadher Presents PKF in Eastern Africa: A Leading Accounting and Consulting Firm in Kenya

July 30, 2024

The interview with Alpesh Vadher, CEO of PKF in Eastern Africa, provides an insightful overview of the firm’s journey, services, and strategic vision. Founded in 1964, PKF has grown into a significant player in the East African accounting and consulting industry. In this conversation, Alpesh Vadher discusses the firm’s history, the range of services offered, and its competitive advantages. He also addresses current economic and political challenges in the region, the impact of global trends on local markets, and PKF’s corporate social responsibility initiatives. Additionally, Alpesh shares his personal journey and leadership philosophy, offering a glimpse into his experiences and aspirations for the future of the firm.

Kenya Financial Services: David Morema Presents Virtual Pay, the Global Digitized Payments Gateway

July 15, 2024

In this insightful interview, we sit down with David Morema, the dynamic CEO of Virtual Pay, a leading payment service provider based in Kenya, with global operations. David shares details about Virtual Pay’s innovative solutions tailored for niche industries, including various payment collection methods and cutting-edge tap-to-pay technology on Android devices. Join us as we delve into David Morema’s professional background, the comprehensive services Virtual Pay offers, and the exciting new projects set to revolutionize payment processing across Africa and beyond.

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