Costly automation: Fintechs bag millions as county revenues stagnate

Kenyan county governments are paying millions to fintech firms for revenue automation systems that remain incomplete, ineffective, and vulnerable to leakage, while vendors extract 4-15% commissions on collections despite stagnant or declining revenues. Audits reveal misaligned incentives, poor system integration, and poor vendor accountability across multiple counties.

This Wire brief sits within Fusion42's coverage of Fintech.