Africas leading resource for digital financial services
Newsflash
- Copia Global Announces Partnership with Cellulant to Enable Payments for its Diaspora and Urban Customers
- NIGERIA: Transactions on PoS Will Surpass N6.4trn in 2022
- KENYA: Mobile money agents handle Sh5.9trn in nine months
- Chipper set to acquire Zambia's pioneer fintech agency provider, Zoona
- Uganda: How hackers accessed Airtel Money’s systems
- MFS Africa to utilise Ripple's On-Demand Liquidity platform
- KENYA: Banks to give 4.2m mobile borrowers 50% discount on unpaid digital loans
- Cellulant Gets Licence to Operate in Uganda
- Nigeria: Kuda expands to the UK
- NIGERIA: Domestic Card Scheme to Become Effective January – CBN
Latest Stories
Ahead of the release of the statistics on the volume and value of financial transactions carried out on Point of sales (PoS) terminals in 2022, b...
The Central Bank of Nigeria, in line with its mandate to promote stability, inclusion and growth in the financial and payment system, says it has...
The Central Bank of Nigeria (CBN) has said that merchants would be held liable in case of fraudulent contactless payments arising from...
The Central of Nigeria (CBN) has released supervisory framework for Payment Service Banks. The framework among other things empowered the PSB ope...
Increasing broadband penetration has pushed cashless transactions in Nigeria to N277.61tn in the first nine months of 2022.This is a 41.58 per ce...
The Central Bank of Nigeria has ordered banks and Payment Service Providers to accept indemnity from customers for highly secured online funds tr...
Total Mobile Money transactions as of August 2022 compared to the same period in 2021 fell by ¢13.3 billion, about 2.02%, the latest Summar...
The Chief Executive of Ghana Interbank Payment and Settlement Systems, Mr Archie Hesse, has urged the public to sign on to GhanaPay to experience...
Payment solutions provider PayU has expanded its presence in Africa with the launch of its operations in Ghana.The move allows PayU merchant...
After a month of implementation of the Electronic Transfer Levy (E-Levy), mobile money agents and users of the platform in Accra continue to bemo...
The Bank of Ghana (BoG) is working on an offline version of the e-cedi digital currency that could be used for consecutive payments between indiv...
The more than 50,000 International Bank Liberia Limited (IB) customers can now link their bank accounts to their mobile money wallets, thanks to...
Copia Global (https://CopiaGlobal.com), the only B2C e-commerce platform providing e-commerce solutions for the rapidly growing 800 million middl...
Cash mobile money agents handled in the nine months to September went up by 17.6 percent, indicating the growing mobile money penetration in Keny...
Chipper announces the intended acquisition of the Zoona group, which includes the Tilt brand. The proposed acquisition will accelerate Chip...
What you need to know:After tweaking Airtel Money’s software to approve every transaction that came along, the hackers drained its central system...
The Central Bank of Kenya (CBK) has said banks will give 4.2 million mobile borrowers at least 50 percent discount on defaulted loans to encourag...
Kenyan-founded digital payments services provider Cellulant has been granted a licence by the National Bank of Uganda to offer online payment sol...
As part of its effort to accelerate digital transformation in Egypt’s financial ecosystem, Mastercard announced a strategic long-term partnership...
ADCB-Egypt, a subsidiary of Abu Dhabi Commercial Bank Group – the third largest bank in the UAE, has extended its collaboration with Temenos (www...
The Central Bank of Egypt (CBE) has announced the activation of the InstaPay application on Wednesday 23 March, which is functioning in tandem wi...
The Central Bank of Egypt (CBE) approved Wednesday the launch of the electronic portal for managing mobile phone wallet accounts, in cooperation...
The Board of Directors of the Central Bank of Egypt (CBE) approved the rules governing the services of the instantaneous payment network within t...
Cash-strapped Egyptians fearful of banks have long relied on a "gameya" to access money in time of need, but now tech startups are cashing in on...
Embedded finance enabler Ukheshe Technologies has announced the launch of the very first tap-on-phone payment solution that requires no...
MTN Group Ltd will seek minority investors in its African fintech unit after it spun off the division from the operator’s traditional telecoms bu...
Malawi Red Cross Society (MRCS) and Mukuru have donated food items worth over K5 million to flood survivors in Chikwawa.Mukuru's country represen...
Clickatell (https://bit.ly/3xnA5aF), a leader in mobile communications and chat commerce, has been selected by leading African retailer Pick n Pa...
CASSAVA Smartech's mobile money business, EcoCash, revenue for the year to February 28, 2021 declined by 26 percent to $8,6 billion compared to $...
UNITEL on Monday launched a digital money service "UNITEL Money" in Angola, the UNITEL's press office confirmed here to Xinhua.The service allows...
Kuda, the money app for Africans is launching in the UK as part of a major global expansion drive, following a total investment of over US$90 mil...
In a rare acquisition of a US tech company by an African tech company, MFS Africa, Africa’s largest digital payments network, today announce...
ZIMBABWE has one of the
highest mobile money transaction taxes in Africa, a development that is hurting
millions of small business owners and l...
Papaya Global, the global people management platform for the remote working era, announced today that it has agreed to acquire Azimo,...
Dubai: Network International (Network), the leading enabler of digital commerce across the Middle East and Africa (MEA), and TerraPay, ...
The Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movement and payments, today announces the advancemen...
