Africas leading resource for digital financial services
Newsflash
- UGANDA: PostBank, MTN MoMo launch the XtraCash Product
- Kenya Taps Mobile-Money Services to Widen Tax Net
- Network Launches New Solutions for Digital Payments, Empowering Kenyan Businesses
- Cameroon Records CFA1.7 Trillion in Suspicious Financial Flows in 2023, a 180% Surge
- Africell and Orange Fined in Sierra Leone for Illegal Mobile Money Operations
- Liberia: Government Shutdown Electronic Salary Payments
- Security could stunt telco financial services adoption
- kenya: debate to Split Mobile Money from Telcos Enters Second Reading
- Kazang Pay launches card acquiring service in Zambia
- Safaricom Introduces M-Pesa Ratiba for Standing Orders
Latest Stories
The Nigeria Inter-Bank Settlement Systems (NIBSS) has revealed that Nigerians conducted electronic transactions totaling N89.50 trillion in July...
Africa’s fastest-growing payment infrastructure company, Zone, has announced that three prominent Fintechs across diverse verticals of the paymen...
The Central Bank of Nigeria (CBN) has mandated all Payment Service Providers (PSPs) to route transactions from Point of Sale (PoS) terminals at m...
Starting September 9, 2024, Nigeria will begin enforcing the Electronic Money Transfer Levy (EMTL) on financial transactions. The levy, which amo...
Afrigopay Financial Services Limited (AFSL), a subsidiary of the Nigeria Inter-Bank Settlement System (NIBSS) has launched an instant settlement...
The Central Bank of Nigeria, CBN said it has recorded all-time high remittances in July.On Tuesday, the apex bank said it recorded a significant...
Cameroon experienced a significant rise in suspicious financial transactions in 2023, with reported flows reaching CFA1.7 trillion, marking a sta...
Telecommunications giants Africell and Orange have been fined by authorities in Sierra Leone for conducting illegal mobile money operations. The...
In a drastic move to combat escalating payroll fraud, the Government of Liberia has closed all mobile money salary payments to government employe...
In a decisive move aimed at improving the transparency and accountability of the public payroll system, the Government of Liberia (GoL), through...
Ghana placed 4th in Sub-Saharan Africa with the largest growth in digital bank account ownership, Fitch Solutions, has revealed.However, it descr...
The Bank of Ghana (BoG) has released its annual Fraud Report for 2023, revealing a 5% increase in fraud cases and a 7% rise in losses, totaling G...
PostBank Uganda (PBU) in partnership with MTN Mobile Money (U) Limited (MTN MoMo) have launched Xtracash, a digital Micro Lending solution that i...
The Kenyan government is advancing its efforts to increase tax revenues by turning its attention to mobile-money transactions, a popular financia...
Network, a digital payment organization, has introduced innovative solutions for online and mobile payments, aimed at providing enhanced services...
A fresh debate has arisen in Kenya over a legislative bill that seeks to split mobile money services like M-Pesa, Airtel Money, and T-Kash from t...
Safaricom’s Mobile Money Platform, M-PESA has introduced M-PESA Ratiba, a first of its kind on mobile money feature that will allow users to set...
The Central Bank of South Sudan is taking measures to move towards a cashless society, Governor James Alic Garang has said.Addressing a press con...
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...
A recent study by British website Merchant Machine has revealed that Morocco leads the world’s top 20 countries reliant on cash payments in 2022,...
Dopay, an Egypt-based financial technology company, has secured an additional $13.5 million in its Series A funding round. This extension will he...
The Cairo-based startup, Sahl has raised $6 million in Series A and seed funding to act as a one-stop shop for household bills in collaboration w...
he use of electronic payment methods, especially through mobile devices, is experiencing a substantial increase in Algeria, reflecting the countr...
Robert van Breukele, CEO of Itemate SolutionsAfrica’s thriving telco sector continues to go from strength to strength. From a base size of $63.17...
Kazang (www.Kazang.com), the prepaid value-added services (VAS) and card acquiring business within JSE-listed fintech Lesaka Technologies, has la...
Authorities at the Malawi Communication Regulatory Authority (MACRA) have disclosed that 27,767 people in the country have fallen victim to mobil...
South African fintech startup Happy Pay has secured $1.8 million in seed funding, a major milestone in its mission to revolutionize consumer cred...
The number of Electronic Money Institution (EMI) agents operating through mobile telecommunications networks in Mozambique increased by 12.2% in...
Sabipay Technologies, a subsidiary of Pesapal Limited, is proud to announce that it has been granted a Payments System Business license by the Ba...
M-KOPA (https://M-KOPA.com/), a leading emerging market fintech, announced that it has surpassed 5 million customers across Kenya, Uganda, Nigeri...
M2P Fintech, an India-based company specializing in APIs and Banking-as-a-Service (BaaS) solutions, has announced a $102 million investment from...
MoneyGram International is working to restore its financial transfer system after taking its operations offline several days ago because of a cyb...
NymCard, a leading Banking-as-a-Service (BaaS) provider, has joined forces with Mastercard to offer fast global money transfers to its customers...
TerraPay, a global money movement company, announced a collaboration with 5 of the leading wallet operators to establish the "Wallet Interoperabi...
The Central Bank of Oman has issued a clarification regarding the payment of fees for money transfers using the Mobile Payment System (MPCSS).The...
