[SIZE=6]Internet firm Opera bets on Kenyan to steer Africa Fintech[/SIZE]
WEDNESDAY, JANUARY 3, 2018 11:29
BY MUTHOKI MUMO
Internet browser company Opera has picked Eddie Ndichu to drive its Fintech strategy in Africa even as it prepares to set up an office in Nairobi. In a statement Tuesday, Opera said that it had appointed Mr Ndichu as the managing director and vice president for Fintech in Africa.
“This appointment is the first step in the company’s plans to have a Kenyan office which will become the East African hub,” said Opera.
Mr Ndichu’s appointment is in line with a diversification strategy that has seen the firm dip its feet into the financial services market. The company in December launched OPay- a payments service integrated into its Opera Mini browser that allows users to top up air time and pay utility bills.
Opera has said that it is investing Sh10.3 billion ($100 million) in Africa’s digital economy over the next two years and OPay is part of those investments. Mr Ndichu joins the Oslo-based company from KCB where he was the head of digital financial services and mobile payments