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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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PAPSS receives ISO 27701 certification

News | Digital Identity, Security & Online Fraud | 23 Dec 2022

The Pan-African Payment and Settlement System (PAPSS) has announced its certification of ISO27701:2019, an international standard for Privacy Information Management System.

regulation, certification, cross-border payments, payments infrastructure

enza group enters the African payments industry

News | Payments General | 05 Jan 2023

Egypt-based payments group enza has entered the African payments market, focusing on the needs of banks, fintechs, and MNOs across the continent.

digitalisation, API, tokenization, cloud services, digital payments

KuCoin launches new anti-fraud suite service

News | Digital Identity, Security & Online Fraud | 31 Jan 2023

International cryptocurrency exchange company KuCoin has announced the launch of its new suite of anti-fraud solutions to strengthen security for its clients.

product launch, fraud management, fraud detection, risk management, online payments, data protection

Cellulant partners Money Q

News | Payments General | 02 Feb 2023

Payment solutions provider Cellulant has announced a partnership with fintech Money Q to enable expats to pay for bills and recharge airtime for their Africa-based beneficiaries.

partnership, money transfer, money remittance, remittances, cross-border payments, mobile payments, mobile money, online payments, digital payments

Bolt plans further expansion into Africa

News | Ecommerce | 20 Feb 2023

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

Huawei rolls out non-stop banking initiative

News | Online & Mobile Banking | 27 Mar 2023

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

Kora launches USD card-acquiring

News | Payments General | 28 Mar 2023

Nigeria-based payments infrastructure Kora has announced the launch of USD card-acquiring in Africa, looking to enable merchants on its platform to accept payments in USD.

product launch, cross-border payments, payment methods, payments , online payments, merchants, ecommerce, payin, payout, settlement, API, B2B payments, expansion, marketplace, mobile money, bank transfer, financial services, fintech

Kroll expands in South Africa

News | Payments General | 04 Apr 2023

US-based provider of risk and financial advisory solutions Kroll has opened a new office in Johannesburg, South Africa as part of its efforts to expand its services across Africa.

expansion, risk management, lending, KYC, compliance

Cellulant's to support online and offline payments in Africa

News | Online Payments | 04 Apr 2023

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

Interswitch and Compass Plus partner for digital payments across Africa

News | Payments General | 22 Jun 2022

Nigeria-based digital payments company Interswitch has partnered with Compass Plus to increase the former’s payment card processing capacity in Africa.

payment gate, payment processing, API, cloud, partnership

Nomanini launches new supply chain finance solution

News | E-invoicing, SCF & E-procurement | 27 Jun 2022

Nomanini, a fintech platform, has launched a new supply chain finance solution called StockNow that connects FMCGs and financial service providers to serve Africa’s informal retailers at scale.

product launch, retail, fintech, supply chain finance, financial services

The Pan-African Payments & Settlement System (PAPSS) – Challenges, milestones, and the current state of affairs

Interviews | Online Payments | 07 Jul 2022

Mike Ogbalu III, Chief Executive Officer of PAPSS, answers all the ardent questions on the payments settlement system, from how the initiative started to what its future brings in an all-encompassing interview

instant payments, payment processing, instant settlement, cross-border payments

Flocash teams with Visa to enable digital functions for SMEs in Africa

News | Mobile Payments | 08 Jul 2022

UK-based payment orchestration platform Flocash has partnered with Visa to equip African SMEs with digital payments ,solution and access to financial services.

digitalisation, SMEs, Visa, mobile payments, SoftPOS, partnership

A group of african fintechs shuts down virtual card service

News | Payments General | 19 Jul 2022

African fintechs have been caught in a difficult situation, needing to shut down their virtual card service.

fintech, fraud prevention, virtual card, money laundering, online payments

Nigerian startup Grey partners Cellulant, expands to Kenya

News | Online & Mobile Banking | 02 Jun 2022

Nigerian digital banking startup Grey has announced the expansion of its service to East Africa, starting with Kenya, in partnership with fintech company Cellulant.

digital banking, partnership, expansion, cross-border payments, money transfer

Talk360 secures USD 4 mln seed round to build African payment platform

News | Mobile Payments | 02 Jun 2022

Netherlands-based calling app Talk360 secured USD 4 million in funding to expand operations and to launch a new pan-African payment platform in mid-2022.

mobile payments, POS, payment methods, funding, product launch

MFS Africa acquires Global Technology Partners

News | Cards | 07 Jun 2022

Africa-based digital payments network MFS Africa has announced it acquired US tech company Global Technology Partners.

acquisition, expansion, mobile money, online payments, credit card, debit card, gig economy

Klasha closes USD 4.5 mln seed fundraise

News | Ecommerce | 07 Jun 2022

US and Lagos-based technology company Klasha has announced it raised an additional USD 2.1 million to complete its USD 4.5 million seed investment round. 

funding, crowdfunding, cross-border payments, cross-border ecommerce, ecommerce, ecommerce platform, online payments, digital payments, local payment method

Hello Pay unveils new Business Solution package for SMEs

News | Online Payments | 08 Jun 2022

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

PayU expands to Ghana and adds new BNPL, QR-based offerings

News | Online Payments | 08 Jun 2022

Popular online payments provider PayU has announced it expanded to Ghana and has introduced several strategic offerings to its portfolio, including PayFlex in South Africa and Scan to Pay and Pay by USSD capabilities in Nigeria.

digital payments, BNPL, expansion, QR code, QR payments, mobile payments, financial inclusion