Costly automation: Fintechs bag millions as county revenues stagnate | Daily Nation

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. Wire is Fusion42's founder-focused intelligence feed: each story is connected to the funds and startups it names — every one with a live profile on Raise or Scout — so founders can follow the capital and the momentum behind the headline rather than just the headline itself. Wire analysis is one of the live surfaces Arthur, Fusion42's AI co-founder, reasons over.