Watu, a Kenyan buy-now-pay-later startup, is targeting revenues of KES 44 billion ($340 million) in 2025 as it pivots towards smartphone lending, which has overtaken motorbike financing as its fastest-growing product. The company reported gross revenues of KES 29.9 billion ($231.4 million) in 2024, up from KES 17.9 billion ($138.5 million) the previous year, driven

The post Banking on phone loans, Kenya’s Watu targets $340 million revenue in 2025 first appeared on Content Krush.

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