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
Payment and liquidity platform Waza has raised USD 8 million in a seed funding round to support global trade for African businesses.
payments , funding, investment, startup
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
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
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
African Export-Import Bank (Afreximbank) and China Development Bank have signed a USD 400 million loan to support Africa’s SMEs.
SMEs, SME lending, partnership, financial inclusion, trade finance
Frank Breuss, Co-Founder and CEO of Local Payment Methods expert Nikulipe, shares insights of a recent report on ‘Payments and Ecommerce in Africa’ and discusses the opportunities for European PSPs and merchants to tap into a billion Euro market potential in Africa.
merchants, PSP, online payments, cross-border payments
Cloud-native SaaS core bank operating system 10x Banking has announced its partnership with Old Mutual in order to continue its expansion into Africa.
expansion, partnership, banking, online banking, mobile banking, digital banking, financial services, financial institutions
KaiOS Technologies has partnered with Mastercard to integrate digital payment solutions into its operating system, which powers affordable internet-enabled devices.
digital payments, SMEs, financial inclusion, contactless payments
Stitch has secured ISO 27001 certification in order to ensure that client and customer data will remain secure while working with its suite of services and products.
ISO, payments , online payments, mobile payments, digital payments
SeerBit has launched SeerBit Alpha, an Embedded Finance solution that enables businesses to expand their operations with their own branded payment solutions.
embedded finance, fintech, payments , product launch
Ezichim Onweagba, Business Development Manager at Quidax, discusses the role of cryptocurrencies and stablecoins in the digital development of African economies, as well as the impact of these alternative payment methods in cross-border businesses.
cryptocurrency, crypto, cryptocurrency exchange, digital currency, cross-border payments, cross-border ecommerce, stablecoin, financial institutions, tokenization, ecommerce