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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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Flutterwave partners with PayPal to enable merchant payments in Africa

News | Online Payments | 16 Mar 2021

Fintech company Flutterwave has partnered with PayPal to enable customers pay African merchants through its platform.

Flutterwave, PayPal, partnership, cross-border payments, online payments

SeerBit, Wix partner to boost ecommerce in Africa

News | Ecommerce | 12 Apr 2021

SeerBit has partnered Wix, a global SaaS platform, to empower and scale ecommerce businesses in Africa.

partnership, ecommerce, payment gateway

A road map for selling in different African markets

Voice of the Industry | Ecommerce | 11 Feb 2021

Sami Louali, EVP Financial Services at Jumia, elaborates on the preferred payment methods and challenges that marketplaces should consider while selling across Africa

Sami Louali, Jumia, preferred payments methods, Marketplaces, Africa, ecommerce, online payments, mobile money accounts, mobile payments

HPS acquires ICPS from the MCB Group

News | Payments General | 10 Feb 2021

HPS and the MCB Group have announced that a definitive agreement was signed for the acquisition of ICPS by HPS.

HPS, ICPS, MCB Group, acquisition, Africa, payment processing, PCI DSS

Nigeria-based Mono gets backing from Y Combinator

News | Online & Mobile Banking | 03 Feb 2021

Nigeria-based Mono, a startup that helps fintech companies to run onboarding processes through KYC in general, gets backing from Y Combinator.

Mono, Nigeria, KYC, Y Combinator, Africa, funding, investment, startup, fintech, Open Banking, API

Ukheshe, KCB to issue physical and virtual cards across East Africa

News | Cards | 01 Feb 2021

South Africa-based fintech Ukheshe has announced an agreement with KCB Bank Kenya to issue physical and virtual cards across East Africa.

Ukheshe, KCB, Africa, physical card, virtual cards, QR code, digital payments, payroll, companion cards, multi-currency prepaid cards, travel cards, gift cards

CDC helps with USD 100 mln finance facility in Africa

News | E-invoicing, SCF & E-procurement | 20 Jan 2021

CDC Group has moved to support the Eastern and Southern African Trade and Development Bank (TDB) with a new USD 100 million finance facility.

CDC, Africa, TDB, trade finance, SCF, COVID-19

Surecomp, Absa Group to roll out pan-African trade finance digitisation across 10 countries

News | E-invoicing, SCF & E-procurement | 12 Jan 2021

Canada-based trade finance solutions provider Surecomp has announced that South Africa-based bank Absa Group has implemented its back-office trade finance solution IMEX in 10 countries.

Surecomp, Absa Group, Africa, trade finance, digitisation, IMEX, South Africa, bank

IFC, Nedbank partner to increase green financing in South Africa

News | E-invoicing, SCF & E-procurement | 21 Dec 2020

IFC, a member of the World Bank Group, and Nedbank Limited have partnered to increase financing for renewable energy projects in South Africa.

IFC, Nedbank, green financing, South Africa

Appruve joins Financial Data Exchange (FDX)

News | Online & Mobile Banking | 16 Dec 2020

Startup Appruve has announced that it has joined the Financial Data Exchange (FDX).

Appruve, Financial Data Exchange, data, API, Africa, data sharing

Mastercard Center for Inclusive Growth teams up with Nedbank

News | E-invoicing, SCF & E-procurement | 10 Dec 2020

Mastercard Center for Inclusive Growth has partnered with Juntos Global and Nedbank to provide 9,000 micro-enterprises with free business and financial literacy training to help them adopt digital financial services and grow their businesses. 

Mastercard Center for Inclusive Growth, Nedbank, financial inclusion, digital payments, digitalisation

Paypal's Xoom, MFS Africa partner to offer mobile money transfers in Africa

News | Mobile Payments | 09 Dec 2020

PayPal’s remittance service Xoom has partnered with MFS Africa, a South Africa-based fintech, to offer mobile money transfers to 6 countries in Africa. 

PayPal, Xoom, MSF Africa, Africa, remittance, mobile payments, money transfer

ICC, Africa investor to digitise 5 mln SMEs in Africa

News | E-invoicing, SCF & E-procurement | 07 Dec 2020

The International Chamber of Commerce (ICC) and Africa investor (Ai) have launched an e-trade initiative to enable the digitisation of five million SMEs in Africa.

ICC, Africa investor, SMEs, digitalisation, Africa, AfCFTA, AfricaPLC, ecommerce, SCF, supply chain finance, digital inclusion, E-Trade, trade data

BADEA, Africa Finance Corporation to support trade finance in the region

News | E-invoicing, SCF & E-procurement | 04 Dec 2020

The Arab Bank for Economic Development in Africa (BADEA), and the Africa Finance Corporation (AFC) have signed an agreement on co-financing projects in different fields.

Badea, Africa Finance Corporation, partnership, trade finance, AFC, Africa

Ukheshe, Mastercard's Accelerate programme participant in South Africa, set to acquire Oltio

News | Online & Mobile Banking | 20 Nov 2020

South Africa-based Ukheshe, a digital fintech platform provider, has announced it has entered into an agreement to acquire Oltio.

Ukheshe, Oltio, MasterPass, MasterCard, QR, South Africa, cards, mobile payments, partnership

African startup Chipper Cash raises USD 30 mln Series B funding round

News | Mobile Payments | 19 Nov 2020

African cross-border fintech startup Chipper Cash has raised USD 30 million in a Series B funding round led by Ribbit Capital with participation of Bezos Expeditions – the personal VC fund of Amazon CEO Jeff Bezos.

Chipper Cash, funding, Africa, Series B funding round, Ribbit Capital, Bezos Expeditions, Jeff Bezos, mobile payments, P2P payments, merchants, payment solutions, crypto-currency trading, investment services

Afreximbank, ITFC, and Badea launch COVID-19 pandemic response facility in Africa

News | E-invoicing, SCF & E-procurement | 10 Nov 2020

The African Export-Import Bank (Afreximbank) has announced a new USD 1.5 billion pandemic response facility in a partnership with the ITFC and Badea, according to Global Trade Review.

Afreximbank, ITFC, Badea, COVID-19, Africa, partnership, financial assistance, COPREFA, funding

BNB launches new remittance service for Africa

News | Online Payments | 09 Nov 2020

BNB, a Canada-based fintech that specialises in remittances, has launched a new online money transfer service that allows people to send money to friends and relatives in Africa.

BNB, Liberia, Sierra Leone, Guinea, Africa, product launch, remittance, money transfer

Fintech platform Nium expands into Africa

News | Payments General | 27 Oct 2020

Singapore-based global financial technology infrastructure platform Nium has announced its expansion into Africa.

Nium, expansion, Africa, fintech, money transfer

BtoBet partners Tola Mobile to offer local payment methods across Africa

News | Mobile Payments | 21 Aug 2020

BtoBet has partnered with Tola Mobile to upgrade its payment processing capacities for new and established African betting markets.

Tola Mobile, betting, gambling, mobile commerce, e-wallets