Kenyan university lands Interledger grant to push open-payment tech
Interledger Foundation gives Kenyan university USIU-Africa a grant to boost fintech education and open-payment tech for financial inclusion...
✨ Key Highlights
The Interledger Foundation has awarded a grant to United States International University-Africa (USIU-Africa) in Kenya to promote open-payment technology, expanding its "NextGen Higher Education Grant Program." This initiative aims to foster a workforce knowledgeable in open-source payment systems like the Interledger Protocol to enhance financial inclusion.
- USIU-Africa received up to $50,000 for its project, "Design Your Future Integrated Innovation Pipeline Programme: The Future of Open Payment Technologies for Financial Inclusion & Social Impact," focusing on Kenya's micro, small, and medium enterprises (MSMEs).
- Chris Lawrence, Chief Programmes Officer at the Interledger Foundation, stated the goal is to "nurture the next generation of fintech entrepreneurs, developers, and policymakers."
- MSMEs in Kenya comprise over 90% of all businesses, contribute over 33% of the country’s GDP and employ more than 78% of its workforce.
Continue Reading
Read the complete article from Techish Kenya
Part of the Day's Coverage
Jiji Launches Free Business Course for Entrepreneurs; USIU-Africa Receives Grant for Open-Payment Tech - October 2025
Jiji Kenya has launched a free online course, “Zero to Profit: The Essentials of Business Building,” aimed at transforming aspiring entrepreneurs into profitable business owners. This initiative, launched in partnership with Mount Kenya University (MKU), is designed to empower young Kenyans and address high youth unemployment. In a separate initiative, the Interledger Foundation awarded a grant to United States International University-Africa (USIU-Africa) in Kenya. The grant is part of the foundation's "NextGen Higher Education Grant Program." Its purpose is to promote open-payment technology and foster a workforce knowledgeable in open-source payment systems to enhance financial inclusion.
