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HomeDaily NewsThursday, May 21, 2026Sorted Wallet Raises $4.4mn to Expand in Emerging Markets - May 2026
Business & Economy3 stories from 1 sources

Sorted Wallet Raises $4.4mn to Expand in Emerging Markets - May 2026

Sorted Wallet, a non-custodial digital wallet for feature phones, successfully raised $4.4 million in seed funding to fuel its expansion into emerging markets. Kenya is simultaneously bolstering its cybersecurity training programs and recognizing top student talent as part of efforts to enhance national digital security, despite a recent decrease in cyberattacks. A recent report highlights the significant yet often overlooked economic contributions of Kenyan women, who manage households and drive economic growth despite facing disproportionate financial burdens.

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Wednesday 8:00 PMCapital Business

Sorted Wallet raises $4.4mn to expand in emerging markets

Sorted Wallet raises $4.4mn to expand in emerging markets

Sorted Wallet, a non-custodial digital wallet for feature phones, has successfully raised $4.4 million in seed funding to fuel its expansion into emerging markets.

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Key Highlights

Sorted Wallet, a non-custodial digital wallet for feature phones, has successfully raised $4.4 million in seed funding to fuel its expansion into emerging markets.

  • The funding includes $3.4 million in equity financing led by Tether and Gnosis.
  • The capital will be used to strengthen its presence in existing markets and expand across Sub-Saharan Africa and South Asia.
  • Sorted Wallet targets underserved users on feature phones, having already surpassed 500,000 downloads.
Wednesday 7:20 PMCapital BusinessFirst

Honoring Women’s Economic Role in Building Kenya’s Future

Honoring Women’s Economic Role in Building Kenya’s Future

A recent report highlights the significant, yet often overlooked, economic contributions of Kenyan women, who manage households and drive economic growth despite facing disproportionate financial burdens.

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Key Highlights

A recent report highlights the significant, yet often overlooked, economic contributions of Kenyan women, who manage households and drive economic growth despite facing disproportionate financial burdens.

  • Nearly half of working women report experiencing financial stress, a higher rate than men.
  • The Old Mutual Financial Wellness Monitor emphasizes that empowering women financially is crucial for Kenya's economic growth and shared prosperity.
  • Despite challenges, 48% of women own businesses, and 66% participate in community savings groups (Chamas), demonstrating resilience and entrepreneurial spirit.
Wednesday 7:25 PMCapital Business

Top Students Recognised as Kenya Expands Cybersecurity Training

Top Students Recognised as Kenya Expands Cybersecurity Training

Kenya is bolstering its cybersecurity training programs and recognizing top student talent as part of efforts to enhance national digital security, despite a recent decrease in cyberattacks.

Read Story

Key Highlights

Kenya is bolstering its cybersecurity training programs and recognizing top student talent as part of efforts to enhance national digital security, despite a recent decrease in cyberattacks.

  • 3.3 billion cyber threat events were detected between January and March 2026, a 26 percent decline from the previous quarter.
  • The Communications Authority of Kenya (CA), in partnership with Huawei Kenya, organized the 2026 Cybersecurity Bootcamp finals.
  • Cybercriminals are increasingly leveraging artificial intelligence (AI) for advanced attacks, highlighting the ongoing need for skilled cybersecurity professionals.
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