Changelog

A complete history of every major KAD platform release, from launch to the latest version.

v2.0.0March 2026

19-Platform Rebuild

  • •Complete architecture rebuild across all 19 platforms
  • •Launched KIPS (Karat Instant Payment System) with sub-200ms processing
  • •Unified design system with dark theme and gold accents
  • •New RAPI v2 developer API with SDKs for 6 languages
  • •Real-time merchant settlement (T+0) for Enterprise partners
  • •Enhanced AI credit scoring engine with 97.8% fraud detection
v1.5.0December 2025

Cross-Border Expansion to 7 Countries

  • •Launched cross-border payments in Tanzania and Rwanda
  • •Added GBP corridor for UK-Africa remittances
  • •Multi-currency FX engine with real-time rate feeds
  • •Compliance integrations for 7 regulatory jurisdictions
  • •Improved settlement speeds to under 5 minutes cross-border
v1.4.0September 2025

BNPL & AI Credit Scoring

  • •Launched Pay-in-4 (0% interest, 4 instalments over 6 weeks)
  • •Launched KAD Flex (3-12 month plans at 2.5%/month)
  • •AI-powered credit scoring using transaction history and mobile data
  • •Merchant BNPL widget for checkout integration
  • •NCA-compliant credit assessment and reporting
v1.3.0June 2025

Digital Stokvels

  • •Digitised traditional stokvel savings groups
  • •Automated contribution collection and payout scheduling
  • •Group dashboard with transparent transaction history
  • •Support for rotating, fixed-contribution, and goal-based stokvels
  • •Integration with KAD wallet for seamless group payments
v1.2.0March 2025

Merchant POS Integration

  • •QR code payments at point-of-sale terminals
  • •NFC tap-to-pay support on compatible devices
  • •Merchant onboarding portal with KYB verification
  • •Real-time transaction notifications for merchants
  • •Daily settlement reports and analytics dashboard
v1.1.0December 2024

Rewards Program

  • •KAD Rewards loyalty program with earn-and-burn mechanics
  • •Cashback on qualifying transactions
  • •Tiered rewards based on wallet activity and volume
  • •Partner merchant reward multipliers
  • •Rewards history and redemption dashboard
v1.0.0September 2024

Launch

  • •KAD wallet with commodity-backed digital currency
  • •Resource basket model with 8 African commodities
  • •Peer-to-peer KAD transfers
  • •EFT, card, and mobile money top-ups
  • •KYC verification (Lite, Standard, Premium tiers)
  • •Launched in South Africa, Nigeria, Kenya, and Ghana