yonas yishak

Wegagen Bank, in partnership with Qena – Kifiya Financial Technology’s flagship platform, Officially Launches “Efoyta” Digital Lending Services

Wegagen Bank, in partnership with Qena, an intelligent financial services platform by Kifiya Financial Technology, has officially launched its new digital loan service, ‘Efoyta,’ which addresses the working capital needs of historically underseved MSMEs. The announcement was made on July 22, 2024, during a formal launch event held at the Planet Hotel in Mekelle, Tigray <strong>Wegagen Bank, in partnership with Qena – Kifiya Financial Technology’s flagship platform, Officially Launches “Efoyta” Digital Lending Services</strong>

Mastercard Foundation and Kifiya Financial Technology PLC to Enable More Than 477,800 MSMEs to Access Uncollateralized Digital Credit Products.

Addis Ababa, Ethiopia, May 2024 – The Mastercard Foundation, in partnership with Kifiya Financial Technology PLC (Kifiya), announces a scale-up program designed to unlock resources from banks, innovate new financial models and products, and transition the financial sector to enable access to uncollateralized financial credit products to a greater number of MSMEs. A budget of Mastercard Foundation and Kifiya Financial Technology PLC to Enable More Than 477,800 MSMEs to Access Uncollateralized Digital Credit Products.