An American Express card, also known as an “AMEX” card, is an electronic payment card branded by the publicly traded American financial services company American Express. The company issues and processes prepaid, charge, and credit [c]
The One Equity Till Number is one of Equity’s fastest growing digital channel according to the Group’s recently released third quarter financial results. The value of transactions made on the platform grew three-fold (298%) from [c]
Appzone, one of Africa’s major fintech software providers, has rebranded to “Zone”, a regulated blockchain Payment Infrastructure company. By building Africa’s first layer-1 blockchain network, Zone will enable payments and the acceptance of digital currencies [c]
By Annalisa Plachesi Digital payments have fundamentally transformed lives across Africa by providing access to financial infrastructure and enabling innovation. More jobs have been created, leading to higher incomes that help sustain economies and millions [c]
Copia Global, the B2C platform which provides e-commerce solutions for the 800 million middle to low-income African consumers, has announced a partnership with Cellulant, a the pan-African payments technology company, to simplify payments for its [c]
Hibret Bank has launched Hibir e-commerce, a digital payments platform that allows Ethiopian businesses and retailers to accept international card payments for online purchases. Hibir e-commerce is first-of- its kind in the Ethiopian banking industry. [c]
Sophos, the global leader in innovating and delivering next-generation cybersecurity as a service, has published a new sectoral survey report, “The State of Ransomware in Manufacturing and Production,” which found that the sector had the [c]
Moringa School has announced a partnership with Lipa Later and Huawei that will see all Moringa students and prospects have an opportunity to own quality laptops at a subsidized cost. The partnership which will be [c]
Business leaders drawn from East African region have called on governments, regulators and telcom operators to work together and implement full interoperability of mobile money networks as well as cross-border transactions in the regional economic [c]
Duplo, a business-to-business payment platform that makes it easier for African businesses of all sizes to pay each other, has raised $4.3 million in seed funding to launch new products and expand into new business [c]
In the convenience economy, digital payment solutions are central to businesses providing a service that is quick and seamless. In Africa, digital technologies are not only improving convenience but they’re driving financial inclusion, allowing people [c]
Grey, a fintech started by two Nigerians to simplify sending and receiving foreign payments for Africans, has raised $2 million in seed funding. The service offered by Grey enables its customers to have virtual international [c]
Bolt Food has updated its App to include Mobile Money Payment option and other in app features meant to bolster customer and courier experience and enhance operational efficiencies on the platform. The Mobile Payment feature [c]
Mara, the pan-African blockchain platform, has announced the launch of the “Hack The Mara” competition which will take place from September 17 to 26, 2022, as part of its commitment to inspire developers to “build [c]
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]
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