By Tonny Tugee Kenya’s ICT sector has seen a 10.8% average annual growth since 2016, making it one of the fastest-growing tech environments on the continent. This success can be largely attributed to various innovations [c]
Uzoma Dozie, one of Nigeria’s leaders in the financial sector and the last Group MD of Diamond Bank, Nigeria, has announced that he is set to launch a new financial technology community and ecosystem, Sparkle, [c]
Visa, the global payments technology company, has announced a strategic partnership with Halotel to enable Visa on mobile payments on Halotel’s HaloPesa wallet in Tanzania. The service will be rolled out in early 2019 thereby [c]
Equitel, Finserve’s telco unit, has recorded double digit growth in both the value and number of mobile money commerce transactions, according to the latest data from the Communications Authority. Equitel processed 87.9 million mobile commerce [c]
MFS Africa, a pan-African FinTech company, has announced a US $4.5 million Series B funding round led by LUN Partners Group, a China-based global investment management group. Goodwell Investments, an Amsterdam-based investment firm focused on financial inclusion, [c]
Mastercard has completed its acquisition of mobile payments technology company Oltio from Standard Bank Group. The acquisition builds on Mastercard’s long relationship with Oltio, a startup that pioneered and patented several mobile payments and banking [c]
Huawei has signed a cooperation agreement with UnionPay International with the aim of working together to promote the globalization of Huawei Pay and accelerate its roll-out worldwide to provide a better mobile payment experience for [c]
TransferTo, a cross-border mobile payments network for emerging markets, has appointed Djibril Diallo as VP Business Development to head operations across West and Central Africa, as the firm intensifies its activities across the continent. Diallo brings great [c]
Mastercard is collaborating with Durban-based tech company Spazapp, to bring secure, seamless and convenient mobile payments to thousands of informal traders and convenience stores, better known as spaza shops, in South Africa. By combining their expertise and [c]
Ecobank has partnered with Visa to launch Ecobank Scan+Pay with mVisa solution for its consumers. The tie-up signals interoperability on a cross border level – and potentially huge gains – as it enables consumers to use [c]
Huawei, as a partner of the Bill & Melinda Gates Foundation’s Level One Project (LOP) initiative, was invited to participate at the International Forum for China Financial Inclusion (IFCFI) to share its insights and experience [c]
Mastercard has announced the addition of Bee, the smart payment solutions provider in Egypt, as a key player to its interoperable mobile ecosystem. Following the partnership, Bee is now fully integrated on Mastercard ecosystem to [c]
MFS Africa, a pan-African fintech which provides a gateway to send money to mobile wallets, has announced the appointment of former Safaricom CEO Michael Joseph to its board as an independent Non-Executive Director. As Non-Executive [c]
By Khalid Elgibali The sweeping changes in payments technology fascinate me, and this stems from my observations as a child. Growing up, I vividly remember lining up at the bank with my father, eagerly waiting as [c]
By Srinivas Nidugondi NFC technology already supports huge amounts of mobile payments around the world. Ovum forecasts that the number of consumers using it will hit 939 million by 2019 (in 2015 it was 11 million) [c]
Mobile phones serving as digital “wallets” for payments to response workers proved an invaluable tool in Sierra Leone’s response to the Ebola crisis, according to a new study from the United Nations-based Better Than Cash Alliance. [c]
African travellers are thinking mobile now more than ever, according to an independent research study commissioned by Amadeus, a global technology partner for the global travel industry. The Africa travel research study was conducted by [c]
Copyright 2022 | aptantech