Watu Credit’s Country manager, Erick Massawe /HANDOUT
Innovative digital asset financing, pay-as-you-go has established roots in Kenya, fueling smartphone uptake, fueling social economic growth in the country as the population grabs opportunities that come with the digital revolution.
This fast-growing payment mode across the globe, which locals refer to as Lipa Pole Pole, Lipa Mdogo Mdogo, has revolutionized retail and e-commerce. Research and Markets estimate it to grow by 11 per cent to hit $2.1 billion (Sh273 billion) by 2029.
