No.14. Fastest internet in Africa and among the fastest in the world.
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
Huyu ndio yule hubby wa Janet Mbugua
How do opera mini make money if it’s free
I see what you did there:D
Kumbe hio fala ikona tu money
Since it was sold to Chinese businessmen, the browser comes bundled with ads. The move into Africa is because this where majority of its users are located.
I thought they are talking about digital financial services?
@spear wanted you to note is that, Eddie Ndichu is the lucky chap who manages those goods that leave villagers drooling (slobbering), wanking material that Janet Mbugua is to most of the blue handles here.
wacha niendelee kujibamba na free credit za Opay
The question was about how they currently make money, which is ads. The fintech stuff is diversification away from their core business.