Bank of Kigali subsidiary, BK Tech House with its payment channel Urubuto Pay are partnering with Academic Bridge, an edtech startup in Rwanda with an information management system for schools alongside KudiBooks, a tech startup with platform (web and mobile apps) for your business/institution finances and accounting activities, are partnering to bring you school fees payment at your fingertips
In this blog post, we dissect it for you in a simpler manner, and provide fundamental reasons why banks do not fund ideas. In this case consider ideas as micro, small and medium businesses starting out without possession of assets. Furthermore, the article provides an insight of the traditional banks business model.