Google’s new policy requiring digital lenders in Kenya to submit proof of license to operate in the East African country takes effect today. The policy aims to clamp down on rogue loan apps, which are pervasive in the country. This means that only providers with licenses from the country’s pinnacle bank, the Central Bank of Kenya (CBK), will be listed on Play Store, Google’s digital distribution service. Digital lenders whose applications are yet to get a… Source link
Read More »Google clamps down on illegal loan apps in Kenya, Nigeria • TechCrunch
Google is requiring loan apps in Kenya to submit proof of license to operate in the country, failure to which they risk removal from Play Store, its digital distribution service. Those that have applied for licensing by Central Bank of Kenya, and can produce evidence of the same, may also be spared. Google’s action has, however, been sluggish, coming two months after the Digital Credit Providers Regulations took effect to protect borrowers from rogue apps, many… Source link
Read More »Google eyes TaskMate global launch after Kenya rollout – TechCrunch
Google has today launched TaskMate in Kenya, a crowdsourcing app that lets people use smartphones to do tasks and get paid, tapping the growing gig economy. The tech giant said it has rolled out the beta version after a year-long experiment in the East African country, and is preparing to introduce it to other countries across the continent. The app is available in India too, where it’s also in the pilot stage. TaskMate mobile app users fulfill skilled and… Source link
Read More »Kenya and Google join hands to make ‘internet balloons’ — 1,000 users can login from each
(Representational Image) of a Google internet balloon | Photo: Wikimedia Commons Text Size: A- A+ How do internet balloons work and do many countries use them? Google’s internet balloons are wireless Internet connectivity towers that float in the stratosphere. They beam Internet signals to earth-based stations, which then transmit the internet to users through internet service providers. These floating giant balloons are made… Source link
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