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Cryptocurrency exchange Coinbase has partnered with Yellow Card to help African users on and off-ramp between fiat and crypto.
cryptocurrency, partnership, cryptocurrency exchange, digital assets
The Central Bank of Kenya (CBK) has become a member of the Pan African Payments and Settlement System (PAPSS).
central bank, settlement, banks, FX
South Africa-based bank, Nedbank, has integrated with Synthesis, an AWS Advanced Consulting Partner, to develop a software-based point-of-sale system.
SoftPOS, retail, mobile payments, NFC, partnership
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
The Reserve Bank of Zimbabwe has decided to launch a gold-backed digital token in a bid to support the southern African nation’s currency.
tokenization, digital assets, inflation, banks
Global money transfer system Tempo France and US-based financial service company Nairagram have partnered to launch remittances from the EU to 20 countries in Africa.
remittances, cross-border payments, partnership
African Export-Import Bank (Afreximbank) has launched Afreximbank Trade Payment Services (AfPAY) to facilitate the settlement of international trade.
product launch, banks, trade finance, compliance, payments
Mauritius-based fintech EFT Corporation has partnered with ACI Worldwide to shield their customers from fraud.
fraud prevention, PCI compliance, EFT, ACI Worldwide, risk management, transaction monitoring
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
Singapore-based digital identity company FlexID has gotten funding form Algorand to offer self-sovereign ID’s to Africa’s unbanked.
digital identity, blockchain, financial inclusion, unbanked, funding
Blockchain Research Institute (BRI) has expanded its work on the continent courtesy of cooperation with one of Africa’s largest banks, Standard Bank.
banks, partnership, blockchain, cryptocurrency, expansion
The Zimbabwean government has started looking into how cryptocurrencies could be used in legal payment services.
cryptocurrency, regulation, money laundering
Zimbabwe-based NMB Bank, The Centre for Financial Regulation and Inclusion, together with Cornerstone Advisory have launched trade finance and digital identity project Basel.
partnership, digital identity, trade finance, SMEs
Thunes, funding, expansion, cross-border payments, online payments
South Africa, Mama Money, fintech, cross-border payments, money transfer, remittance
PayPal, Xoom, MSF Africa, Africa, remittance, mobile payments, money transfer
UK-based cryptocurrency firm Koinal has reached an agreement with Huobi to integrate its checkout system.
Koinal, Huobi, cryptocurrency, crypto exchange, Bitcoin, crypto wallet, partnership, debit card
Revolugroup Canada, RevoluSEND, remittances, money transfer
Mukuru, WorldRemit, cash remittances, Zambia, South Africa, mobile wallets
Nigeria-based financial provider OPay has announced a partnership with digital payments platform WorldRemit, to offer international money transfers.
Opay, WorldRemit, money transfer, remittance, Africa, Nigeria, Google Playstore, KYC, online payments, mobile payments