Newsflash
- Somalia Embraces Digital Future with Launch of Instant Payment System (SIPS)
- UGANDA: MTN Addresses Public Outcry Over Unexplained Mobile Money Deductions
- GHANA: Affinity Africa secures $8M Seed Round to expand affordable banking
- GHANA: MobileMoney Limited, ReFinD partner to expand financial services
- Bank of South Sudan Launches the Country’s First National Instant Payment System
- Cote d'Ivoire: Ivorian Fintech Cauridor Gets $3.5m for Cross-Border Payment Rails
- Mastercard to Remove Card Numbers from Physical Cards for Enhanced Security
- Mobile money accounts in Ghana rise from 65.6 million to 73 million
- Benin’s Cashless Push: Tax on Cash Transactions Sparks Debate Amid Challenges
- Stitch Acquires ExiPay to Expand In-Person Payment Solutions for Retail Businesses
Latest Stories
Moniepoint Inc. (“Moniepoint”), one of Nigeria’s leading business payments and banking services platform, has secured an investment from Visa, a...
The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have issued a final directive to Deposit Money Banks (DMBs) an...
In a bid to reinforce its drive towards a cashless economy, the Central Bank of Nigeria (CBN) has introduced a new policy restricting Point of Sa...
PalmPay, a leading Africa-focused fintech operating Nigeria’s most used mobile wallet, and Jumia, Africa’s e-commerce giant, today announce a str...
The Federal Government has commenced the deduction of a N50 electronic levy on transactions of N10,000 and above. The levy, officially known as t...
A leading financial institution in Nigeria, OPay, has partnered with AfriGO Card powered by Afrigopay Financial Services Limited, a subsidiary of...
Affinity Africa announces it has raised US$8 million in an oversubscribed Seed Round led by Grazia Equity and BACKED VC to accelerate its mission...
The Retail Financial Distribution Research Initiative (ReFinD), a research initiative of the Institute of Statistical, Social and Economic Resear...
Ivorian fintech Cauridor has secured $3.5 million in seed funding to strengthen its cross-border payment infrastructure across Francophone Africa...
The number of registered mobile money accounts in Ghana has risen steadily from 65.6 million in December 2023 to 73 million by the end of 2024.Th...
The government of Benin is intensifying its efforts to reduce reliance on cash and promote digital payments as part of a broader strategy to enha...
Ghana has achieved a significant milestone in digital finance, earning the top spot globally in the 2024 GSMA Mobile Money Regulatory Index (MMRI...
Somalia has taken a major step toward financial modernization with the launch of the Somali Instant Payment System (SIPS), a revolutionary digita...
Telecom giant MTN Uganda has responded to growing public outcry after several mobile money users reported unexplained deductions labeled as "adju...
The Bank of South Sudan (BOSS) is proud to announce a groundbreaking initiative to launch the country’s first National Instant Payment System (NI...
In a significant financial milestone, the M-Pesa-backed money market fund has garnered Sh2.85 billion within its first month of operation during...
Kenya has announced plans to regulate the use of cryptocurrencies, marking a significant step in its approach to managing the growing influence o...
MTN Mobile Money (MoMo) has reported outstanding growth in its digital lending portfolio, marking a 100% increase over the past 12 months.The suc...
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...
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...
Stitch, a leading provider of API-driven financial technology solutions, announced today its acquisition of ExiPay, a promising startup specializ...
Next-generation financial services platform Mukuru (www.Mukuru.com) has launched a mobile wallet in Zimbabwe called Mukuru Wallet. The secure dig...
Mukuru has made a bold stride in the financial sector by obtaining a deposit-taking microfinance license in Zimbabwe, marking a significant miles...
Cassava Technologies (Cassava) (www.CassavaTechnologies.com), a global technology leader of African heritage, proudly announces three significant...
MTN South Africa, the telecom giant with a growing focus on financial technology, has officially announced its intention to secure a banking lice...
Financial services provider Mukuru has unveiled its cutting-edge Enterprise Payments Platform (EPP), a game-changer in Zimbabwe’s...
In a bold move to enhance security and streamline payments, Mastercard has announced that it will remove card numbers, expiration dates, an...
The Consumer Financial Protection Bureau (CFPB) has taken action against Block, the operator of the popular Cash App payment platform, ordering t...
Expatriate remittances from Saudi Arabia rose to SR12.03 billion ($3.21 billion) in November, marking an 18.73 percent increase compared to the s...
Manama, Bahrain: stc pay, Bahrain’s most innovative and accessible mobile wallet for digital financial transactions, is leveraging Mastercard Mov...
The Association of Cyprus Banks on Monday announced that interbank and cross-border transactions will soon be completed in just 10...
Airtel Africa, a provider of telecommunications and mobile money services, has announced the commencement of a second share buyback programme tha...