Africas leading resource for digital financial services
Newsflash
- Absa Bank launches Mobi Tap to boost digital payment access for small businesses
- Standard Bank Becomes First African Bank with Access to China’s CIPS
- Wave Raises €117 Million to Accelerate Financial Inclusion Across Africa
- Mastercard and enza collaborate to enable fintech innovation across Africa
- GHANA: BoG reviewing mobile money float mgt rules
- Onafriq Partners with PAPSS to Launch Cross-Border Payment Services in Ghana
- NIGERIA: New Framework Ends USSD Payment Dispute Between Banks and Telcos
- Wave Enters Cameroon through CBC Bank
- MTN Uganda is taking a major step toward spinning off its mobile money fintech arm
- Kenya Approves Moniepoint’s Acquisition of Majority Stake in Sumac Microfinance Bank
Latest Stories
Telcos to receive direct USSD payments as NCC and CBN approve End-User Billing modelIn a major policy shift aimed at resolving the long-standing...
U.S. lawmakers have introduced a draft bill proposing a 5% excise tax on remittances sent abroad, which could significantly impact immigrant comm...
In a groundbreaking move to enhance financial inclusion and boost diaspora engagement, the Central Bank of Nigeria (CBN), in collaboration with t...
Emmanuel Okoegwale The Nigerian Federal government is making a major shift in its revenue collection framework with the introduction o...
MTN Nigeria has reported a 47 per cent decline in active wallet users for its mobile money subsidiary, MoMo PSB, bringing the total to 2.8 millio...
Moniepoint Inc. (“Moniepoint”), one of Nigeria’s leading business payments and banking services platform, has secured an investment from Visa, a...
Absa Bank Ghana Ltd has launched Mobi Tap, a mobile payment application designed to simplify and expand access to digital transactions for small...
Wave, the Africa-focused mobile money platform, has raised €117 million in its latest funding round to scale its mission of democratizing access...
The Bank of Ghana (BoG) is undertaking a comprehensive review of regulations governing mobile money float accounts held by commer...
Onafriq, in collaboration with the Pan-African Payment and Settlement System (PAPSS), announced the launch of a new cross-border payment service...
The Competition Authority of Kenya (CAK) has granted unconditional approval for fintech firm Moniepoint Inc. to acquire a 78% stake in Sumac Micr...
Scancom PLC (MTN Ghana) has successfully held an Extraordinary General Meeting (EGM) to update shareholders on the ongoing localisation and restr...
MTN Uganda’s MoMo platform has become a powerhouse: fintech revenue grew 23%,
boasting 13.2 million mobile-money users—over half the population—...
Ethiopia has taken a significant step forward in its digital transformation journey with the official launch of M-Pesa Lite, a simplified and mor...
M-PESA Safaricom launches a new digital payment service that allows customers to Pay for Fuel with M-PESA, starting today at Bole Total Fuel Stat...
Safaricom PLC, Kenya's leading telecommunications provider, is embroiled in a legal dispute with Kibo Capital Group Limited concerning the M-Pesa...
Lipa Later Limited, a leading digital consumer credit provider, has gone into administration following the appointment of Joy Vipinchandra Bhatt...
Network International (Network), a leading enabler of digital commerce in the Middle East and Africa, has extended its partnership with Dubai-bas...
Moroccan fintech startup PayTic has raised $4 million in a seed extension round to scale its payment automation solutions and expand into North a...
e& Egypt has launched its first instant international money transfer service through the e& Cash digital wallet, marking a transfor...
Cairo, Egypt: in a strategic partnership that is set to accelerate the fintech growth in Egypt, MDP, a leading payment enabler, and Visa, a...
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...
In a bold corporate facelift, the fintech giant has announced plans to rebrand to TN CyberTech Investments Holdings Limited, in honour of foundin...
The Malawi Communications Regulatory Authority (MACRA) is set to implement biometric SIM card registration to combat the rising cases of mobile m...
The value of mobile money transactions in the country rose to P33.5 billion in the year to March 2024, up more than 26% year-on-year, as telecomm...
Mukuru, a financial services platform, which serves customers around the world with world-class fintech technology, has launched a new mobile wal...
New contract expands Network International’s growing portfolio of issuer processing collaborations in the African continentNetwork International...
EcoCash Holdings Zimbabwe Limited (EcoCash) is set to undergo a rebranding process following a major shareholder restructuring that saw local ent...
n a historic milestone for the continent, Standard Bank Corporate and Investment Banking has become the first African bank authorised to process...
Mastercard and enza – a payment solutions company – have collaborated to connect fintech companies across Africa to the Mastercard network. This...
Effective June 11, 2025, U.S. startup Wave has received authorization to operate in Cameroon through a partnership with Commercial Bank Cameroon...
Onafriq, Africa’s
largest digital payments network, is celebrating its 15-year anniversary by
announcing a significant milestone: close t...
MiniPay, the stablecoin-powered digital wallet developed by tech giant Opera in collaboration with the Celo blockchain ecosystem, has officially...
Airtel Africa has recorded an impressive performance in its first quarter 2025 unaudited finance results as it posted a profit after tax of $328...
