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CRC Credit Bureau, Nova Credit to link Nigerians in the US to credit

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CRC Credit Bureau has partnered with Nova Credit, a cross-border credit reporting agency, to allow Nigerians relocating to the United States to use their international credit history to apply for credit products.

The deal will see creditworthy Nigerian newcomers have access to credit opportunities previously unavailable to them because of a lack of credit history in the U.S.

The new service “Nova Connect’ accesses data from CRC Credit Bureau, to enable Nigerians relocating to the U.S. to authorize the translation of their Nigerian credit history into a U.S.-equivalent credit score in a format familiar to American underwriters. Nigerian newcomers can then apply for financial products including credit cards, loans, and more.

Credit cards are more popular in the U.S. than in many other countries; the average American has four accounts. Today, only 10 percent of U.S. payments worth $25 or more are paid for in cash. With this new opportunity, immigrants from Nigeria don’t have to start from scratch and can start to benefit immediately from the credit history they built in their home country when they immigrate.

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By using their international credit history to get a credit card or other products when they arrive, Nigerians can begin to build a U.S. Credit score. This opportunity does not benefit those with a poor credit history in Nigeria.

Nova Credit is a premier cross-border credit reporting agency. Lack of a domestic credit history keeps millions of immigrants in the United States from realizing their dreams. Nova Credit helps newcomers and other global citizens apply for financial services using their international credit history from countries including Australia, Brazil, Canada, India, Mexico, Nigeria, South Korea and the UK.

It translates international credit data into a U.S.-equivalent score and report in a format familiar to American underwriters, who use it to evaluate applications for credit products.


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Catch Taxi Kenya, with Ethiopian roots, wants to be East Africa’s super app

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Catch Taxi Kenya is a new entrant into the African ride-hailing industry that prioritizes safety, comfort, and efficiency.

Catch Taxi Kenya, launching to take on Uber, Bolt, MaraMoja Transport, Safeways, Cabby, Ride, Jayride among others, is operated and owned by Africans for Africans and brings local creativity and insights to get improving the experience of riders and drivers.

Founded by Nafie Omar, Catch Taxi’s vision is to make an app that captures all local African needs into one super App from ride-hailing to complete ecosystem services.

“Nairobi is Africa’s technological hub. In terms of ride-hailing, Nairobi is a more mature market compared to most cities in Africa. Our goal at Catch Taxi is to be able to create a footing in all African markets-both young and mature markets,” said Omar. “We will also be expanding into Sudan next year and West Africa and other Southern African countries later.”

Catch Taxi knows there are several other platforms in the market but says its disruptive entry to market ensures strong earnings for its driver partners. It’s also introducing an affiliate programme to allow third party drivers, influencers and ordinary individuals to make passive income.

Its business model is simple. Catch Taxi will get you where you want to go at the best prices, safely and comfortably. It charges its drivers a 15% commission from every trip. The firm has raised an undisclosed amount of seed capital and is not afraid to take on giant Uber and Bolt which just raised €100m from London-based Naya Capital Management.

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However, the ongoing pandemic has been a huge blow to how Catch Taxi would have wanted to grow. COVID-19 slowed down its efforts both in Addis Ababa this April and Nairobi. Just 2 weeks after its launch in Addis Ababa, it had to redirect its efforts to compensating its drivers by giving them incentives.

Benard Gavana, Catch’s VP Growth and Expansion told TechMoran.com that the Kenyan startup decided to start operations from Ethiopia because of its huge population and attractive market but its whole executive team is Kenyan and is based at its HQ in Nairobi, Kenya.

The firm said it also provided free trips to essential workers and gave huge discounts to its riders. As the economies open up, Catch Taxi is focused on growing its market share in Africa through local recruitments, marketing, and fine-tuning its product.

The 38 person-team spread across operations, developers, customer service, marketing, and data analysis aims to be an everyday app that incorporates all consumer needs from ride-hailing, E-commerce, financial services, travel, hotel booking to delivery services in Africa.

After its Ethiopia and Kenya launch, Catch is looking to expand across East Africa and then into entire Sub-Saharan Africa banking on neural networks and ML algorithms to understand user patterns and be able to target them appropriately.


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KCB temporarily closes Mvita Branch after staff tests positive for COVID-19

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KCB Bank Kenya has temporarily closed its Mvita branch after one of the staff tested positive for COVID-19. The affected staff who were working with him at the time of testing have been informed and are currently undergoing counselling and screening to ensure their safety and wellbeing.

The Branch has since been temporarily closed for three days with the approval of the Central Bank of Kenya to enable immediate cleaning and disinfection of the premises. Regulation by the Kenya Occupational Safety and Health Act, 2007, mandates an employer to ensure that a workplace is healthy and safe for visitors, clients and employees at the workplace.

In the present circumstances, employers are encouraged to take reasonable measures at the workplace to protect employees from COVID-19 and ensure compliance with the Occupational Safety and Health Act.

“Our priority remains to safeguard the safety and well-being of all our staff, customers and other stakeholders during these difficult times,” said KCB Group Chief Executive Officer & Managing Director Joshua Oigara.

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“As the fight against this pandemic continues, we have taken several precautionary measures internally, in line with the guidelines issued by government agencies. We continue to provide support to staff and their families during this period of the pandemic” he added.

KCB Mvita branch customers who access the bank on regular basis have been encouraged to use the Banks digital channels including: Mobile banking, KCB-MPESA, Vooma and Internet Banking or other alternative banking touchpoints such as KCB Mtaani agents, Cash recyclers, ATMs, Cash Deposit Machines.

In addition, Mvita Branch customers can visit nearby branches and agents for assistance.

 


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Best Online Video Editors Without Watermarks

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These are the best online video editors without watermarks.

There’s nothing more frustrating than editing videos then seeing a huge watermark on your video. The watermarks make it look unprofessional and reduces the quality of your work. However, if you’re looking for other option we compiled a few for you that you can try. In this article, you will get to know the best online video editors without a watermark to create and edit videos that attract thousands of views.

1.WeVideo

It’s compatible with android and iOS mobiles, Chromebook, Mac and windows without downloading it. Upload any file format, edit and share it on social media and web while on the go. To save your storage space, it has a cloud-based storage system that offers unlimited media storage space.

2.Movie Maker Online

The greatest advantages of using Movie Maker Online are no registration requirements, free to use and edited videos have no watermarks and site labels. Imagine uploading all kinds of photos and images for free with only one click! And to make it the best, the number of royalty-free music videos can take you months to edit.

3.Clipchamp

This is no doubt the most used online video editor no watermark no download software due to its simplicity and above all, free. The Clipchamp library is overstocked with all genres of videos and music. Its best features include creating and editing original videos, collecting videos from websites, recording, compressing and converting videos. There is a video template for every kind of video you want to create.

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4.VSDC Free Video Editor

With VSCD Free Video Editor, there are no free trials, no ads and no watermarks. Just download this software and start editing your videos for free. It works exceptionally well with all types of audio, video and image formats. The video effects are superb. You can alter the shape and position of images in the video quite easily.

5.OpenShot

OpenShot is a free online video editor without watermark software that’s compatible with mac, windows, and Linux. There are over ten features to ensuring the edited videos meet the desired specifications. They include trim and slice, drop and drag, slow motion and time effects, and audio editors. There are over 400 video transitions and effects to make your videos as stunning as possible.

6.MiniTool Movie Maker

How about using a video editor online free with effects no watermark developed by Microsoft? Surely, this makes you feel more confident when editing videos. This Windows Essential Software Suite is designed purposely for Window users to create, edit and share videos. Other features include video trimming, video splitter, title, and caption templates. Add transitions and effects and animations to make videos more thrilling.


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