National Bank of Kenya (NBK) and Kodris Africa have partnered to roll out a payment platform for the recently launched programme for teaching coding in Kenyan primary and secondary schools. The partnership allows Kodris Africa’s [c]
Data from Mastercard’s 2022 Borderless Payments Report has revealed that two in five (46%) small and medium sized businesses (SMEs) in Africa, Middle East and Eastern Europe (EEMEA) are earning more money than before the [c]
There are many things to consider before signing up with a Singapore online casino. These factors include games and payment methods, dress code, and promotions. You should know your limits when it comes to taking [c]
Visa has opened a new Innovation Studio in Nairobi, its first dedicated innovation site in sub-Saharan Africa (SSA). This facility will serve the sub-Saharan Africa region and joins a network of innovation centers operated by [c]
The GSMA has published its 10th annual ‘State of the Industry Report on Mobile Money’ which states that mobile money adoption and use saw continued growth in 2021, processing a record $1 trillion annually. The industry enjoyed a [c]
One Payment, a subsidiary of DPO Group, has been granted a license by the Central Bank of Nigeria to provide certain types of payments services to businesses in Nigeria. The license enables the DPO Group [c]
Mastercard has partnered with Schoolvoice, a school-parents communication platform based in the UAE, to digitize the education experience for schools in the Middle East and North Africa (MENA) region. The collaboration will help simplify communications [c]
International cash payments platform Pipit Global and pan-African payments company Cellulant have extended their partnership agreement to now include 18 countries in sub-Saharan Africa. The partnership will see the companies providing both B2B and B2C [c]
Global losses from payment fraud have tripled from $9.84 billion in 2011 to $32.39 billion in 2020, according to Deutsche Bank’s 2021 report on the future of payments. And financial professionals are saying COVID-19 hasn’t [c]
Global Voice Group (GVG), a regulatory technology developer and Big Data Analytics organisation, has launched TransFin, its seamless payments interoperability solution. The solution, aimed at governments and central banks, provides a secure and efficient gateway [c]
Sparkle, a mobile-first digital bank that provides financial, lifestyle and business support services to Nigerians across the globe, has raised an oversubscribed seed round of $3.1 million [N1.3 billion] from an all-Nigerian group of investors [c]
Airtel Money has announced a new partnership with African payments company, Flutterwave, to expand Airtel Money’s services to businesses across Eastern Africa. The partnership enables businesses integrating Flutterwave in Uganda, Tanzania, Zambia, Malawi, Kenya and [c]
Fintech company pawaPay, has secured a $9 million in new funding round. The round was co-led by MSA and UK-based investment fund 88mph, with participation from Vunani Capital, Kepple Ventures and Zagadat Capital. The capital [c]
Despite the gender gap and social challenges, entrepreneurial women across the world and in the Middle East and Africa (MEA) are leading the way in tapping into the power of the digital economy to succeed [c]
SWIFT has announced the launch of SWIFT Go, a new service that enables small businesses (SMEs) and consumers to send fast, predictable, highly secure, and competitively priced low-value cross-border payments anywhere in the world, direct [c]
Flutterwave, one of Africa’s major payments technology companies, is providing businesses in South Africa with zero transaction fees for all payments they make or receive on Flutterwave for the next three months. This move follows [c]
South African businesses, already under severe economic strain, are now counting the costs of rapidly increasing internal payments fraud. According to Ryan Mer, the MD at eftsure Africa, a Know Your Payee (KYP) platform provider, [c]
Telkom’s financial services platform T-kash has been integrated into the government digital services platform, eCitizen. This integration with the eCitizen Portal will enable T-kash customers to pay for National and County Government Services that are [c]
Mastercard and MTN have announced a partnership to enable millions of consumers in 16 countries across Africa to make global e-commerce payments safely and securely. Through a Mastercard virtual payment solution linked to MTN MoMo [c]
DPO Group, a payment service provider operating in 19 African countries, has launched Real-Time Settlements for its SME sole proprietor merchants in Kenya. An estimated 86% of SMEs cite cashflow constraints as affecting their ability [c]
By Murray Gardiner The statistics that hover uncertainty around Africa are not ones that should make the continent proud. The World Bank has estimated that Africa could potentially hold 90% of the global poor population by [c]
Mastercard has announced a partnership with Samsung, Airtel Africa and Asante Financial Services to launch a pay-on-demand payments platform and drive the digital economy across Africa. Mastercard’s strategy is based on collaboration and partnerships that [c]
Sparkle, a digital ecosystem providing financial, lifestyle and business support services to Nigerians across the globe, has announced a new collaboration with Visa. The deal will enable Sparkle to provide issuance of Visa cards to [c]
Little has announced a partnership Safaricom to promote contactless and cashless payment solutions for its customers. The deal is aimed to further strengthen Little ride commitment to provide safer and convenient rides for its consumers. [c]
Vodacom Financial Services has announced a technology partnership with Alipay, the digital lifestyle services platform of the Alibaba Group, to bring inclusive mobile solutions to South African consumers and merchants through innovative digital technologies. Recognised [c]
South Africa’s Nedbank has unveiled a new tap-on-phone functionality that allows all merchants and business owners to convert their mobile phones into payment acceptance devices. Tap on phone makes it easier for SMEs to use their [c]
Visa has launched its ‘Where You Shop Matters’ initiative that aims to champion and enable entrepreneurs in Kenya, while encouraging consumers to support small businesses. Alongside a new SME resource hub, Visa has published the [c]
As a significant number of businesses opt for contactless operations across Kenya in response to the COVID-19 crisis, Uber is introducing Uber Cash to further promote cashless transactions across all Uber’s products, including Uber Eats. Uber [c]
Electronic commerce (or eCommerce) has constantly grown in the last few years – the reason was, more often than not, convenience and prices rather than necessity. In the last few years, both payments and deliveries have [c]
Sparkle, a digital ecosystem providing financial, lifestyle and business support services to Nigerians across the globe, has been launched. Sparkle, which has been granted a banking license from the Central Bank of Nigeria (CBN), has [c]
Online retailer Jumia and Mastercard have announced a partnership to incentivize the use of cashless payments platforms as people look for safer ways to pay in the wake of the COVID-19 pandemic. Through this initiative, [c]
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