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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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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

ImaliPay signs deal with Renda to boost ecommerce across Africa

News | Ecommerce | 03 Mar 2023

ImaliPay has partnered with 3rd party ecommerce fulfilment solution Renda to simplify the process of order fulfilment for enterprise and medium-sized businesses across Africa.

ecommerce, API, SMEs, fintech, expansion, digital payments

MFS Africa partners with Western Union

News | Online Payments | 03 Mar 2023

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

Zemen Bank partners with Netcetera to secure online payments

News | Online Payments | 16 Mar 2023

Ethiopia-based Zemen Bank has partnered with Switzerland-based software company Netcetera to augment its online payments offering.

Netcetera, online payments, ecommerce, PCI DSS, fraud prevention

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

The African Development Fund offers USD 8 mln to build ID framework

News | Digital Identity, Security & Online Fraud | 14 Apr 2023

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

Pyypl rolls out social, micro-investment platform

News | Online & Mobile Banking | 27 Apr 2023

Pyypl has announced the commercial rollout of its social, micro-investment platform for self-employed entrepreneurs and micro-SMEs in Africa.

product launch, SMEs, investment, partnership, debit card

The potential of instant lending: why traditional banks hold the key

Voice of the Industry | Online & Mobile Banking | 10 May 2023

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

M-KOPA secures USD 250 mln in debt and equity funding

News | Online & Mobile Banking | 17 May 2023

Kenya-based asset financing platform M-KOPA has received around USD 250 million in new funding to offer underbanked African customers access to assets with digital micropayments.

lending, credit scoring, funding, debt facility, equity

MultiChoice Group to launch integrated payments platform in Africa

News | Payments General | 01 Jun 2023

MultiChoice Group has announced a joint venture with Rapyd and General Catalyst to develop and launch an integrated payment platform for Africa.

partnership, product launch, payments , payments infrastructure, ecommerce, SMEs, fintech, financial services, paytech, cross-border payments, digital payments, digitalisation, payment methods

Moniepoint partners with Google Cloud

News | Online & Mobile Banking | 20 Jun 2023

Google Cloud has announced its partnership with Africa-focused business banking platform Moniepoint to make financial services more accessible to SMEs.

partnership, mobile banking, online banking, digital banking, banking, financial services, financial institutions

GIM-UEMOA joins nexo standards to augment cross-border payments in West Africa

News | Payments General | 12 Jul 2023

Senegal-based interbank group GIM-UEMOA has implemented ISO 20022 specifications with nexo standards to reduce the time to market of West African payment solutions.

ISO 20022, cross-border payments, payments , financial institutions, banks

STICPAY: African e-wallet usage increases by more than 250%

News | Mobile Payments | 13 Jul 2023

UK-based digital payment provider STICPAY has reported that e-wallet usage in African countries has increased by more that 250% amid adoption of electronic payment solutions.

digital wallet, financial inclusion, mobile payments, data sharing, cashless

SeerBit launches Alpha

News | Payments General | 09 Aug 2023

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