Africas leading resource for digital financial services
Newsflash
- eNaira: 33 banks join platform as CBN mints 500m
- CEMAC: With 64.8% of accounts and 73.1% of transactions, Cameroon confirms leadership in the mobile money market in 2020
- Zimbabwe: Ecocash Weighs Down Cassava Smartech Revenue
- Flutterwave Enables New Europe-Africa Payment Corridors via Stellar
- Nigeria: President to unveil eNaira today
- UGANDA: Five companies issued with electronic money licences
- AfDB, MTN Sign $500,000 Grant Agreement on Women’s Access to Financial Services
- Fintech TagPay rebrands as Skaleet!
- TANZANIA: UmojaSwitch, UBX open new chapter of their business
- TerraPay partners with LuLu International Exchange to power real-time cross-border transfers from UAE to key global markets
Latest Stories
The Governor of the Central Bank of Nigeria, Godwin Emefiele, has said 33 Nigerian banks have joined the eNaira platform and the apex bank has mi...
President Muhammadu Buhari is scheduled to formally unveil the Nigerian Central Bank
Digital Currency (CBDC), known as the eNaira, on Monday 25...
The African Development Bank (AfDB) has signed a grant agreement for $500,000 with Y’ello Digital Financial Services (YDFS), a fintech subsidiary...
MFS Africa, the largest pan-African digital payments hub, announced today that it had signed an agreement to acquire Baxi, one of Nigeria's leadi...
Untapped Global, an investment company focused on emerging markets, announces a scale up of its partnership with Paga, the mobile payment and fin...
Eight Nigeria-based fintech companies have attracted about $500 million in nine months, according to Akeem Lawal, divisional chief executive offi...
Mobile money transactions for the first eight months of this year far exceeded cheque transactions by a massive ¢522.9 billion.This is compared t...
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...
Bank of Uganda has licensed five more companies to conduct digital and electronic payments under the new National Payment System law. The fi...
October 8, 2021 marked the beginning of a new ownership for UBX Tanzania Limited (formerly Business Connexion Tanzania Limited - BCX) when UmojaS...
While the importance of saving money cannot be gainsaid due to the benefits that arise from the practice such as the assurance of a secured futur...
Traders have expressed dissatisfaction with the approach to the commission imposed for payments received through momo-pay codes with some declini...
Cash handled by mobile money agents in the eight months to August jumped by more than Sh1 trillion compared to a similar period last year, indica...
Safaricom is eyeing billions of shillings in annual revenues from installing smart metering systems for public water companies to help...
Egypt's central bank has approved the granting of licences to allow merchants to accept contactless payments from their customers' mobile p...
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...
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...
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...
Today, the Stellar Development Foundation (SDF) announced that Flutterwave, a global payments technology company, has launched two...
TerraPay, a global payments infrastructure company, today announced the partnership with LuLu International Exchange, part of the LuLu Financial...
Dubai-headquartered Network International has acquired African-based technology-enabled payments enabler DPO Group in a deal worth $291.3 million...
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...
