February 27, 2020 All Things Fintech in Africa

Carbon Plans to Launch a Micro Insurance and Digital Wallet in Kenya

 

Carbon is a Nigerian instant loan, investment, and payment   digital service,  planning to launch new operations  in Kenya.   In 2012, Carbon started as “Paylater,” before rebranding as Carbon as part of it transition into a full-fledged digital financial service platform.

Carbon tends to expand further into Kenya with a mobile health insurance and launch a virtual Visa card for its customers.

According to the company’s co-founder and CEO Chijioke Dozie in a tweet:

“Looking for a self-starter that can help launch @get_carbon’s operations in Kenya. Local knowledge and experience in financial services/fintech is preferred. @get_carbon is hiring for a Kenya Country Manager!”

On mobile health insurance Carbon will take on M-TIBA, a CarePay service. CarePay recently raised $45m for expansion and Carbon needs more than money to take on its service, which unfortunately hasn’t seen huge uptake as expected. Another firm in the micro-insurance sector is MicroInsure which works with various partners to reach the uninsured in the markets its works in.”

Before the re-branding, Carbon had acquired payments company Amplify to cement its move into multiple strands of financial services.

 

 

Banner
Related Posts

Chipper -Cash Expands to Nigeria

October 22, 2019

October 22, 2019

  Introduction:  Chipper-cash, the n0-fee, cross border payment startup has expanded to Nigeria.  It is based in San Francisco, with...

Paga, Nigeria’s Mobile Money Operator Crosses 1.5 Trillion Naira in Transaction

August 12, 2019

August 12, 2019 1

Paga, Nigeria’s Mobile Money Operator Crosses 1.5 Trillion Naira in Transaction Value Earlier today, the CEO of Paga, Nigeria’s foremost...

ZaZu Launches MasterCard Prepaid Cards Linked to Mobile Wallet

December 11, 2019

December 11, 2019

Zazu, a  Zambian Fintech startup Zazu has partnered with Mastercard  to issue prepaid cards linked  to its mobile wallet. Zazu...

Top 10 Interesting facts about Interswitch Nigeria

April 11, 2019

April 11, 2019 1

Top 10 Interesting facts about Interswitch Nigeria Today many payment processing companies exist, but Interswitch Nigeria has made an incredible...

With Wallet you can Upgrade your Daily Personal and Financial Experience

April 25, 2019

April 25, 2019

  Wallet is an app that enables you to make quick financial decisions daily. With ease and convenience, banking has...

MTN Mobile Money Wallet Users Can Transfer through Western Union Directly

November 1, 2019

November 1, 2019

Cross-border transfer has been made easy with the new launch of western union on MTN mobile money wallet.  In this...

Carbon, formerly Paylater now charges One Percent Transaction fee.

August 25, 2019

August 25, 2019 1

  Introduction Carbon, the lending platform formerly known as paylater started an app which not only allows one to borrow...

6 Simple Things You Should Do To Get Better Access to Quick Online Loans in Nigeria

April 19, 2019

April 19, 2019 3

6 Simple Things You Should Do To Get Better Access to Quick Online Loans in Nigeria Have you been trying...

GONA Raises Multi-Million Dollar Investment in Nigeria

August 19, 2019

August 19, 2019

What’s GONA? Gona is a payment platform that enables seamless and cashless payment in public buses. The problem Gona is...

Tala halts its mobile Lending Operations in Tanzania

December 2, 2019

December 2, 2019

Despite raising $21o million, Tala, the lending and financial accessibility startup providing under-represented people loans has halted its lending operations...

Kudi Money; Save, Spend and Borrow

April 22, 2019

April 22, 2019

  Kudi Money is redefining the idea of bank and assisting income earners to save, spend and borrow money.   And...

JumiaPay: a fintech platform for payments, loans & ticketing

September 5, 2019

September 5, 2019

  Jumia, an e-commerce platform for Africa backed by MTN and Rocket Internet has introduced new features on JumiaPay. The...

SympliFi launches remittance alternative platform for users Nigeria

September 5, 2019

September 5, 2019 1

  SympliFi is a  U.K.-based fintech offering  guaranteed loan service to enable residents in the diaspora fund entrepreneurship, education, savings...

Eyowo Launches a Retail Banking Tool

December 2, 2019

December 2, 2019

Eyowo, a digital bank, with the  aim  to encourage financial inclusion among every Nigerian by making banking as easy as...

SpotyLoans, a lending platform launched to bridge the funding gap for SMES

January 27, 2020

January 27, 2020

SpotyLoans is a online lending platform offering loan services to individuals and private investors for a short or a long...

Comments
Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.