Africas leading resource for digital financial services
Newsflash
- Egypt: Mastercard joins B2B platform Boost to drive growth of FMCG businesses
- Tanzania scraps card payment fees in push for cash-lite economy
- Airtel says $100m share buy-back starts March
- Mobile Money: A Catalyst for Financial Inclusion and Economic Growth in Africa
- Little Ventures into Kenya’s POS Market with Multi-Currency Payment Solution
- Nigeria: CBN Imposes N1.2m Daily Limit on PoS Agents, Caps Customer cash-out at N100,000
- Cassava Technologies Secures USD 310 Million in Funding and Completes Business Reorganization
- MTN South Africa Seeks Banking License to Expand Fintech Services
- PalmPay, Jumia enter Strategic Partnership, Launch Integration for Shoppers in Nigeria
- Mobile payments surge in Oman as CBO advances digital systems
Latest Stories
In a bid to reinforce its drive towards a cashless economy, the Central Bank of Nigeria (CBN) has introduced a new policy restricting Point of Sa...
PalmPay, a leading Africa-focused fintech operating Nigeria’s most used mobile wallet, and Jumia, Africa’s e-commerce giant, today announce a str...
The Federal Government has commenced the deduction of a N50 electronic levy on transactions of N10,000 and above. The levy, officially known as t...
A leading financial institution in Nigeria, OPay, has partnered with AfriGO Card powered by Afrigopay Financial Services Limited, a subsidiary of...
Verve Reaches 70 Million Cards in Nigeria, Solidifying Its Position as a Leading Payment SolutionVerve, Africa’s leading domestic payment card br...
The Nigeria Inter-Bank Settlement Systems (NIBSS) has revealed that Nigerians conducted electronic transactions totaling N89.50 trillion in July...
Hailed as one of the most transformative financial innovations of the 21st century, mobile money has revolutionized access to financial services,...
New Africa Technology (NAT), a fintech company based in Senegal, joins forces with Mastercard to introduce a virtual and physical prepaid card fo...
Comviva, a global leader in digital financial solutions, has announced a strategic partnership with GETESA, Equatorial Guinea’s leading telecommu...
In a groundbreaking move to enhance cross-border payments within West Africa, Ghana has announced the launch of a pilot program for mobile money...
The Bank of Ghana’s eCedi pilot has achieved a major milestone, recording a transaction value of GH?473 million, with over 96,000 transactions du...
Ghana’s mobile money sector has recorded a significant milestone, with transactions exceeding GH¢1.9 trillion in the year 2023, reflecting the gr...
Tanzania says card payments in the country will remain free of extra charges as it seeks to encourage digital and electronic financial transactio...
Little has introduced its point-of-sale (PoS) terminal solution, tapping into Kenya’s booming e-commerce market and cashless payment trends. The...
Uganda is spearheading a digital financial revolution, aiming to transition from paper currency to a cashless economy.This bold initiative seeks...
Dar es Salaam, Tanzania – The Bank of Tanzania (BOT) has unveiled its Fintech Regulatory Sandbox, a strategic initiative aimed at fostering finan...
Safaricom Adds 500,000 M-Pesa Users in Two Months, Reaching 34 MillionNairobi, Kenya – Safaricom, Kenya's leading telecommunications company, has...
MultiChoice Uganda, the home of great pay-TV entertainment, today announced the launch of a strategic partnership with MTN, enabling customers in...
Apple Pay, Apple’s mobile payment and digital wallet service, has officially launched in Egypt, December 10, marking a major milestone in the nat...
The number of mobile wallet accounts in Egypt rose to 39.4 million in 2023, driven by consumer demand for easier financial transactions and vario...
The Export Development Bank of Egypt (EBank) has launched a new mobile banking app, according to an emailed press release.The launch is part of E...
A recent study by British website Merchant Machine has revealed that Morocco leads the world’s top 20 countries reliant on cash payments in 2022,...
Dopay, an Egypt-based financial technology company, has secured an additional $13.5 million in its Series A funding round. This extension will he...
The Cairo-based startup, Sahl has raised $6 million in Series A and seed funding to act as a one-stop shop for household bills in collaboration w...
Cassava Technologies (Cassava) (www.CassavaTechnologies.com), a global technology leader of African heritage, proudly announces three significant...
MTN South Africa, the telecom giant with a growing focus on financial technology, has officially announced its intention to secure a banking lice...
Financial services provider Mukuru has unveiled its cutting-edge Enterprise Payments Platform (EPP), a game-changer in Zimbabwe’s...
Madagascar’s three mobile money operators—MVola, Orange Money, and Airtel Money—have strongly opposed a proposed tax on mobile money transactions...
ACI Worldwide, an original innovator in global payments technology, today announced that Zimswitch, Zimbabwe's national electronic payments switc...
MTN South Africa’s mobile money platform, MoMo, and Zimbabwe’s leading mobile payment service, EcoCash, have launched a partnership to enable dir...
Airtel Africa, a provider of telecommunications and mobile money services, has announced the commencement of a second share buyback programme tha...
In a clear sign of shifting financial behaviours, mobile payments in Oman experienced a remarkable rise in 2023, marking a pivotal trend in...
Prominent money transfer firm Zepz, is poised to receive a Sh2.6 billion ($17.3 million) cash injection from the International Finance Corp...
M-KOPA (https://M-KOPA.com/), a leading emerging market fintech, announced that it has surpassed 5 million customers across Kenya, Uganda, Nigeri...
M2P Fintech, an India-based company specializing in APIs and Banking-as-a-Service (BaaS) solutions, has announced a $102 million investment from...
MoneyGram International is working to restore its financial transfer system after taking its operations offline several days ago because of a cyb...
