Africas leading resource for digital financial services
Newsflash
- Kenyans Borrow $10.9 Million Daily from Fuliza
- MTN launches Uganda's first phone-based share trading service
- Remittance to Africa expected to fall in 2021 due to Covid - Report
- Mastercard and Paycode Partner to Increase Access to Remote Communities Across Africa
- Kenya Records Highest Jump In Mobile Money Transfers In 5 Years At 20%
- MTN partners Flutterwave to drive mobile money expansion
- NIGERIA:CBN directs banks, PSPs to process bulk payments on platforms
- Nigeria: Economic Difficulties, Electronic Fraud Depress E-Payment Transactions
- Africa: M-Pesa Hits 50 Million Active Users in Africa
- Liberia: TipMe Liberia Announces Issuance of Small Business Loans Through Oya Microcredit
Latest Stories
The Central Bank of Nigeria, CBN, has directed banks and Payment Service Providers , PSPs, to commence processing of end-to-end bulk payment...
Transactions across major electronic payment channels recorded declines in the month of August 2021, though mobile inter-scheme, cheque transacti...
In furtherance of its commitment to spearhead value-driven mobile and digital banking in Nigeria, First Bank of Nigeria Limited has announced the...
Emmanuel Okoegwale, Digital financial SpecialistWhy not go out on a limb, isn’t that where the fruit is?
Mark TwainWith the Cen...
Global fintech company, Bitt, is partnering with the Central Bank of Nigeria (CBN) to roll out their digital currency (CBDC) to the largest econo...
Mobile money payments in Kenya took off in the first half of this year as users continued to embrace the cashless system as part of a measure to...
TipMe Liberia signed a service agreement with OYA Microcredit, a fintech company that specializes in small business loans. This new addition allo...
Retail financial transactions is expected to relegate cheque transactions to the background in the not too distant future as mobile money transac...
The Bank of Ghana has announced that mobile money accounts have increased thirty-fold to 44 million as of June 2021.The volume of mobile money in...
By Regina BennehChange in all aspect of life is very necessary to bring sanity into the future, but not everyone embraces it (change).T...
The High Court has ordered the National Communications Authority (NCA) to stop collecting the personal information of mobile phone subscribers.Pe...
Ghana Presidency (Accra)A one-stop platform to enable citizens easily access government services, simplify payments for public services, ensure p...
Borrowings from Safaricom’s overdraft service rose to Sh1.2 billion daily in the six months to June this year, signalling the income shortfa...
Uganda's biggest telecoms firm, a unit of South Africa's MTN Group MTNJ.J, has launched the East African country's first mobile phone-based...
The total amount of mobile money transfers recorded in 2020 grew by 20 percent as more Kenyans resorted to cashless transactions to minimize the...
Safaricom's flagship mobile money platform M-Pesa has hit 50 million active customers in Africa, boosting its position as the continent's largest...
The mobile money transactions levy introduced in Tanzania in the 2021/22 fiscal year has been among the major issues of discussions. There have b...
The Central Bank of Kenya’s order on free money transfer between bank accounts and mobile wallets cut excise duty paid by lenders by 42.2 per cen...
The Egyptian Cabinet’s Information and Decision Support Center (IDSC) announced Sunday that Egypt has joined the list of countries whose central...
The Central Bank of Egypt (CBE) has set unified definitions for active and dormant bank accounts in the local market, in light of its efforts to...
The Board of Directors at the Central Bank of Egypt (CBE) has approved the third edition of the rules for mobile phone wallet payment services.Th...
European technology companies Evina (www.Evina.com) and Telecoming (www.Telecoming.com) have signed a global alliance to work hand in hand in pro...
TradeTech innovator, Ovamba Solutions (www.Ovamba.com) and financial services provider, Singularity Finance (www.Singularity.finance) have partne...
A recent report reveals a significant increase in the number of electronic wallets and online transactions during the first wave of COVID-19...
UNITEL on Monday launched a digital money service "UNITEL Money" in Angola, the UNITEL's press office confirmed here to Xinhua.The service allows...
When Cassava Smartech was demerged from Econet Zimbabwe and separately listed on the Zimbabwe Stock Exchange, the move was seen as the beginning...
FNB is rolling mobile ATMs to KwaZulu-Natal communities, starting in Dalton and Harding, while other units will soon be set up in Jozini and Rich...
By Jaco Saunders, Commercial Director at MACmobileMobile money has seen massive uptake in Africa over the last decade, however, South Africa has...
In an effort to foster growth for both the formal and informal sector in Zambia, Pan-African Payments business Cellulant rolls out Tingg, a digit...
South Africa's Vodacom Group said on Tuesday about 70 businesses had signed up or committed to the mobile operator's new digital financial servic...
Pawame, a UAE-based off-grid solar start-up has secured a funding of $2.5 million as it looks to expand further into sub-Saharan Africa.The fundi...
Global technology company Mastercard, and Geidea, the largest fintech company in Saudi Arabia by market share, have announced a strategic partner...
Today, Mastercard (NYSE: MA) took steps to advance its identity verification efforts with the acquisition of Ekata for US$850...
MTN Group Ltd. is valuing its mobile-money arm at about $5 billion, joining African wireless carriers planning to list these businesses in a regi...
NOW Money, the GCC’s first digital banking solution for low-income migrant workers, has secured $7m in a funding round led by venture inves...
Global payment processor Mastercard Inc will invest $100 million in Airtel Africa’s mobile money operations, valuing the business at $2.65 billio...
