Unlimit, the leading global fintech and payment solutions company, is thrilled to announce its entry into the Kenyan market and the receiver of the Central Bank of Kenya license, marking a significant milestone in its ongoing expansion throughout Africa.

This strategic move follows Unlimit’s recent acquisition of the Central Bank of Nigeria license, solidifying the company’s official recognition as a reputable provider of payment solutions within the region.

As part of its strategic expansion, Unlimit is committed to delivering an unparalleled payment experience by integrating internationally acclaimed payment best practices, industry-leading security protocols, comprehensive merchant analytics, and a customer-friendly interface.

By offering diverse payment solutions, Unlimit will cater to the preferences and support the unique requirements of local enterprises in Kenya. This milestone demonstrates Unlimit’s dedication to advancing the payment landscape in Africa and empowering businesses with cutting-edge payment solutions.

Trevor Goott, Director for Africa, and India at Unlimit, expressed immense enthusiasm about the company’s African expansion and its entry into the Kenyan market. “It gives me great pleasure to bring on board Kenya as our second African country, following the recent announcement of the awarding of our Nigerian license,” said Goott.

“We are also pleased to add Kenya to our global portfolio for our foreign merchants seeking access to the Kenyan market. The high demand from our international merchants to establish local operations in Kenya has further motivated us to enter the market. Also, given its strategic location in East Africa, Kenya serves as an ideal hub for the expansion of our operations in the region.”

Commenting on the expansion, Unlimit’s CEO, Kirill Evstratov, said: “We have ambitious plans for Kenya and East Africa, and are looking forward to supporting local businesses on their expansion goals. For 14 years we have successfully been aiding companies worldwide to enter new markets and go beyond borders, strengthening their business outreach and expanding their customer base. Now, we are bringing those years of expertise to Africa. Our unwavering ambition is to establish ourselves as the benchmark in the payments processing industry, setting the standard for excellence and innovation, and allowing companies around the globe to go borderless with their payments. ”

Over the last 15 years, Kenya has emerged as a leading force in the African payment ecosystem, gaining global recognition for its ground-breaking mobile money revolution. This

innovation has not only propelled Kenya’s economy forward but has also facilitated business expansion for numerous companies. Leveraging mobile payment technology, Kenya has created a robust payment infrastructure that presents promising opportunities for domestic and foreign enterprises seeking to establish a presence there. By expanding its operations to Kenya, Unlimit strengthens its position in the continent’s payment landscape as part of its mission to lead Africa’s payment evolution in the coming years.

Tech giant Apple has unveiled its first major product in almost a decade, a new $3,5000 virtual reality headset that will be launched to consumers in early 2024.

The headset which has reportedly been in development for seven years, is intended to overlay virtual reality experiences and digital apps onto the real world.

Announcing the Apple Vision Pro Virtual reality headset at the annual World Wide Developers Conference (WWDC) in Cupertino, the company’s CEO Tim Cook said, “It is the first Apple product you look through not at”.

The Apple Vision Pro is a wearable headset that creates an augmented reality experience with everything from work meetings and meditation to movies and games.

It can also be used for work with video conferencing apps, Microsoft Office tools, or Adobe Lightroom.  While wearing the headset, users can browse by looking or making hand gestures.

The Vision Pro will run on visionOS, a new spatial computing platform designed specifically for the company’s new headset to enable developers to build apps as they would for iOS on the iPhone.

Investors King understands that the unveiling of the Vision Pro reality headset marks the first major product launch for Apple since the Apple Watch in 2015.

But it’s unclear how large the demand is for the headset. However, a Bloomberg analysis estimates that the product will generate the company $1.5 billion U.S. in sales, or 0.5 percent of the company’s revenue base.

Also, industry experts say that while some might be skeptical about the adoption of the product, it can take time for new devices to find their place in the market.

Apple’s reality headset unveiling comes days after social media giant Meta announced its new virtual and mixed reality headset, Meta Quest 3, set to launch later this year. The Vision Pro introduces Apple as a new competitor in the virtual reality market.

It is understood that Meta CEO Mark Zuckerberg and Apple’s Tim Cook have been public adversaries for years on issues central to the tech industry.

Nigerian health tech startup Helium Health has secured $30 million in series B funding to expand its offering across Africa.

The funding round was led by AXA IM Alts, with participation from Capria Ventures, Angaza Capital, Anne Wojcicki, and Flatworld partners. Other existing investors that participated in the round include Tencent, Ohara Pharmaceuticals, LCY Group, WTI, and AAIC.

With the recent funds raised, Helium Health seeks to expand the reach of its fintech product Helium Credit, which is one of the leading digital finance products for Africa’s healthcare sector.

Speaking on the recent funds raised, Helium Health CEO and Co-founder Adegoke Olubusi said, “We believe in a future where good healthcare is a reality for Africans, not just a few. We are deeply committed to supporting both private healthcare providers and public health stakeholders with finance, technology, and data to achieve that vision. We are delighted to have such seasoned healthcare investors accompany us on our journey”.

Also commenting on the funding round, Helium Health lead investor AXA IM Alts through the head of impact investing Jonathan Dean said, “We are delighted to invest, through AXA IM Alts’ impact investing strategies, in ‘Helium Health’s mission of providing digital solutions to improve the quality and efficacy of health services in resource-constrained environments, whilst also directly equipping health sector enterprises with affordable financial services. This investment directly contributes to AXA IM Alts’ broader impact goals of improving financial inclusion and reducing inequalities globally.”

Launched in 2020, Helium Health has extended more than $3.5 million in credit to over 200 healthcare facilities in Nigeria, including pharmacies, diagnostics centers, Hospitals, and Clinics, which have used the loans to purchase medical equipment and medications in bulk and also expand their locations.

The health tech startup works with leading global health organizations and governments, supporting them to execute their strategies, informing policy and decision-making, and improving outcomes for us all. The YC-backed HealthTech startup claims to be the widest-reaching EMR platform in West Africa, used by over 10,000 health workers across 1,000 facilities to care for over 1 million African patients, Investors King understands.

Since Helium’s health series A investment, it has grown its credit from $250,000 to a handful of healthcare facilities to more than $3.5 million across 200+ healthcare facilities in Nigeria.