Africas leading resource for digital financial services
Newsflash
- First Bank launches virtual payment card
- Mastercard Launches Pilot Program Using Smartphones As Point of Sale Devices
- Ovamba & Singularity launch TradeTech partnership in Egypt
- NIGERIA: CBN fixes N2b capital for mobile money operators
- Cameroon: MTN users can now receive MoneyGram transfers right in their mobile money accounts
- NIGERIA:ABCON Seeks to Become Payment Agents for Diaspora Remittances
- Softbank backed OPay Eyes North Africa After Nigeria Success
- KENYA: CBK rule could force Safaricom to share agents
- Nigeria: CBN revokes licenses of seven payment service providers and switching firm
- Umba, a digital bank for emerging markets, raises $2M Seed funding to expand across Africa
Latest Stories
First of Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider has launched the Virtual Payment card, a Naira den...
Mobile Money Operators (MMOs) are to maintain a minimum of N2 billion capital base, the Central Bank of Nigeria (CBN) has directed in a circular...
The Association of Bureaux De Change Operators of Nigeria (ABCON) has appealed to the Central Bank of Nigeria (CBN) to make Bureaux De Change (BD...
OPay, a Nigerian fintech start-up founded by Opera, plans to expand its payments service operations to North Africa early next year after C...
Following the recent revocation of the operating licenses of 42 microfinance banks (MFBs) in the country, the Central Bank of Nigeria h...
The Central Bank of Nigeria (CBN) has directed payment switching and processing companies to stop local currency transfer of diaspora remittances...
Orabank Togo and Togocom will launch Mbanking, a service that allows its users to transfer money between the bank and a mobile wallet. The p...
The value of mobile money transactions more than doubled from January to October this year compared to the same period last year, the Governor of...
Financial technology company, expressPay, as part of its expansion drive, has launched its innovative remittance service from the UK to Ghana.The...
The total value of Mobile Money transactions has fallen for the first time after five months of continuous increase.The surge began in May, as it...
Leading financial technology company, expressPay, has introduced into the Ghanaian market, a smart Point of Sale (POS) device to enhance merchant...
Zeepay, a fast-growing financial technology (fintech) company into Mobile Financial Services across Africa, has announced its partnership with Tr...
The Central Bank of Kenya (CBK) has launched a fresh review of the national payment system that will force Safaricom to offer rivals access to it...
Umba, a digital bank for emerging markets and aiming first at Africa, has secured a $2 million seed funding round from new investors including La...
PayPal’s money transfer service, Xoom customers in the US, UK, Canada and Europe can now send money transfers directly to mobile wallets in key m...
The suspension of money transfer fees that has seen Kenyans enjoy free services will come to an on December 31, the Central Bank of Kenya (CBK) s...
Kenya’s financial sector regulator, the Central Bank of Kenya, (CBK) is under the spotlight as the industry eagerly awaits a decision on whether...
Cash handled by mobile money agents crossed the half-a trillion-mark for the first time in a month in October, driven by the continuing adoption...
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...
-inwi money, a subsidiary of inwi and leading telecom player in mobile money services, has expanded its offering with the launch of an internatio...
Money transfer agency Cash Plus has launched the “Cash Plus Mobile Wallet” application, offering its customers the oppor...
Dubai-based Careem has launched a new ‘super app’ to offer all its services on a single platform.The company, which has been hit hard by the Covi...
Dubai-based mobile payments company Tpay has bought Payguru, a digital payment service provider based in Turkey, for an undisclosed sum as it loo...
THE country’s largest mobile money platform, Ecocash, says it would adjust its transaction charges by up to 20 percent starting next month citing...
Zimbabwe’s largest mobile money platform, EcoCash, says it has approached the Reserve Bank of Zimbabwe (RBZ) seeking approval to be designated as...
AN extensive revamp of the EcoCash platform that sent markets into complete turmoil in November last year doubled the mobile money transfer opera...
Diversified tech-solutions company, Cassava Smartech Zimbabwe Limited (Cassava) suffered exchange rate losses amounting to ZWL$ 2.4 billion in th...
TMCEL customers in Mozambique are to benefit from the financial empowerment of Ericsson’s mobile money solutions under a new five-year deal to ex...
Driven to secure financial inclusion across its markets, MTN Group continues to grow the number of MTN Mobile Money (MoMo) users on its netw...
The Emirates Payment Services has announced the launch of Empay, the world’s first contactless instant credit lifestyle payment ecosystem.Empay,...
The Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movement and payments, today announced that the Compa...
WhatsApp on Friday announced the roll out its payments services in India following approval from the National Payments Corporation of I...
Western Union Co, the world's largest money transfer firm, expects an improved outlook for 2021 as people adjust to the novel coronavirus and on...
In the wake of a 2019 report by the World Bank setting out plans to digitalise the entirety of Africa by 2030, UK-based money transfer provider P...
UAE-based payment solutions provider Network International saw its total revenues in the Middle East drop by 15.3 percent in the first six m...
