Discover all the payments and fintech-related news and analysis about Africa in The Paypers News, Reports, along with other Africa-specific insights on the payments and fintech industry:
Discover all the payments and fintech-related news and analysis about Africa in The Paypers News, Reports, along with other
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Kenya-based fintech Cellulant has augmented how businesses in Africa make and receive payments by introducing online and offline payment solutions.
online payments, payment processing, PCI DSS, compliance, payment methods
US-based finance platform provider Alviere has announced a partnership with Onafriq, an Africa-based payments network.
partnership, cross-border payments, online platform, online payments, financial inclusion
Float has secured USD 11 million in funding round from Standard Bank, aimed at the acceleration of its development strategy and the rollout of its platform.
partnership, funding, investment, payments , online payments, mobile payments, digital payments, ecommerce, financial inclusion
MFS Africa has partnered with Western Union to enable individuals and businesses across the continent to receive money from more than 200 countries.
partnership, financial inclusion, product launch, payments , digital payments
Pngme has partnered with Kenya-based fintech Lipa Later, according to the official press release.
partnership, BNPL, instalment payments, online payments
South Africa-based payments solution company, Hello Pay, has launched a new suite of business solutions for SMEs to enable growth, help reduce costs, and serve the underbanked sector in the region.
digital payments, financial inclusion, SME lending, SMEs, online payments, contactless payments, SoftPOS
Abstract: Colombia-based payment platform Minka has planned to launch its real-time payments system across Africa, facilitating money movement.
real-time payments, expansion, API, blockchain, cross-border payments, ERP
Egypt-based ecommerce fulfilment startup Mylerz has planned to enter three new markets in North Africa with its new USD 9.6 million funding.
ecommerce, funding, startup, delivery, payment processing
Paul Weiss, Head of Growth at Simbuka, discusses the potential for traditional banks in East Africa to offer instant lending services to an underserved market. Banks can benefit from leveraging their customer base and data-driven decision-making processes to offer these instant lending services.
lending, SME lending, digitalisation, corporate card, online banking, credit scoring, Corporate Social Responsibility, digital banking, credit card, fintech, financial inclusion, financial institutions, financial services, mobile banking, mobile money, mobile payments
Chinese multinational provider of comms technology Huawei has launched its Non Stop Banking initiative to enable banks to increase revenue and customer base, save operational costs and enhance financial inclusion.
mobile banking, online banking e-payment, digitalisation, bigtech, payments infrastructure
India-based Airtel partners with Mastercard to enable mobile customers to transfer funds across Africa.
digital payments, ecommerce, payments , money transfer
The Cairo Angels Syndicate Fund (CASF), a micro venture capital fund that invests in early-stage startups in the Middle East and Africa, has invested in the South Africa’s Finclusion Group.
funding, partnership, financial inclusion, SME lending, neobanks, digital banking
Estonia-based e-hailing company Bolt has planned to further expand into Africa with a EUR 500 million investment aiming to create new opportunities for drivers on the continent.
expansion, delivery, sharing economy, ecommerce, super app, retail, merchants, investment, marketplace, fintech, online shopping, shopping, payments
Digital payments network MFS Africa has announced it raised another USD 100 million in equity and debt funding led by Admaius Capital Partners.
acquisition, expansion, funding, crowdfunding, cross-border payments, digital payments, online payments
The African Development Fund has approved USD 8 million in funding for the West African Monetary Institute (WAMI) to establish a unique customer identification framework for The Gambia, Guinea, Liberia and Sierra Leone.
identity verification, fraud detection, fraud prevention, online banking
Nigeria-based blockchain payments startup Ivorypay has formed a partnership with stablecoin issuer Tether to offer digital transactions to more consumers across Africa.
stablecoin, cryptocurrency, blockchain, remittance, partnership
Nigeria-based Moove has raised USD 76 million in a new funding round that will support its mission to transform financial services for mobility gig workers.
funding, investment, fintech, expansion
South Africa-based API payment and collections company Revio has raised USD 5.2 million in a seed round led by QED and Partech.
payment processing, payment methods, payments orchestration, startup, funding
Ecommerce company Appletree Digital Commerce has launched its One Million African Traders Online (TOMATO) solution to address the lack of opportunities for SMEs available in Africa.
funding, crowdfunding, SMEs, SME lending, ecommerce, financial inclusion, digitalisation
SPENN, a Denmark-based fintech, and Mastercard have partnered to enable SPENN Mobile Wallet users to make digital payments on the Mastercard network.
partnership, financial inclusion, fintech, digital payments, ecommerce