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Kenya-based telecommunications company Safaricom has augmented its M-PESA platform, through a partnership with Onafriq, to offer remittances to Ethiopia.
remittance, money transfer, mobile payments, expansion, growth markets
Mastercard has partnered with Loop, aiming to empower businesses and consumers in Saudi Arabia with access to advanced credit card offerings and innovative payment solutions.
partnership, credit access, payments , financial services, credit card
Mastercard has partnered with MTN Group Fintech to provide African people and businesses with digital tools to transact through secure mobile payments.
partnership, mobile payments, fintech, SMEs, financial inclusion
Mastercard has announced its partnership with KCB Bank in order to provide its customers across the East African region with optimised payment systems.
partnership, payments , online payments, mobile payments, digital payments, ecommerce, cross-border payments, banking, financial services, financial institutions
Global B2B payment infrastructure platform Thunes has announced its partnership with China Construction Bank to optimise cross-border payments in the region.
partnership, cross-border payments, cross-border ecommerce, payments , online payments, digital payments, mobile payments, ecommerce
B2B payments infrastructure platform Thunes has announced a partnership with Access Bank to improve cross-border payments in and out of 13 African countries.
partnership, payments , cross-border payments, paytech, fintech, remittances, banking
Kenya-based Kotani Pay has received USD 2 million to simplify cross-border remittances in Africa with blockchain and stablecoins.
cryptocurrency, financial inclusion, cross-border payments, unbanked, funding
India-based Airtel partners with Mastercard to enable mobile customers to transfer funds across Africa.
digital payments, ecommerce, payments , money transfer
Mastercard has decided to acquire a minority stake in the fintech arm of South Africa-based MTN, with a value of USD 5 billion.
investment, fintech, payments , digital payments, acquisition
Alibaba.com has signed a Memorandum of Intent (MOI) with International Trade Centre (ITC) to encourage MSMEs to take part in the global digital trade.
Alibaba, ecommerce, digitalisation, SMEs, online shopping
Urugay-based payments platform dLocal has announced that the Central Bank of Kenya and the National Bank of Rwanda granted dLocal their respective payment service licenses.
payment processing, API, ecommerce, payment methods, Acquirer, merchant
Global information and insights company TransUnion has reported an 18% increase in digital fraud attempts in Hong Kong and 80% globally from pre-pandemic levels.
research, report, survey, online fraud, cybersecurity, cybercrime, phishing, vishing, credit card fraud, digitalisation, fintech, trust, data analytics, fraud prevention
Nigeria-based fintech Flutterwave has received EMI and remittances licenses from the National Bank of Rwanda as it expands operations in East Africa.
Flutterwave, EMI licence, ecommerce, expansion, remittance, cross-border payments
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
Tanzania-based fintech company NALA that enables payments to Africa has expanded into Europe by adding 19 European Union countries to its send markets’ list.
expansion, payments , online payments, remittances, money remittance, cross-border payments, fintech
SPENN, a Denmark-based fintech, and Mastercard have partnered to enable SPENN Mobile Wallet users to make digital payments on the Mastercard network.
partnership, financial inclusion, fintech, digital payments, ecommerce
Tanzania-based fintech NALA has announced the integration of Google Pay into its users’ payment options suite.
product upgrade, online payments, cross-border payments, remittance, digital wallet, 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
Sudan-based Bloom, a fintech that offers savings account and adjacent digital banking services, has raised a USD 6.5 million seed round.
fintech, funding, product launch, digital banking, mobile banking
Rwanda-based payment solutions company RSwitch has teamed with fintech EFT to enable Rwandans to access their money across all technological platforms.
partnership, financial inclusion, transactions , digital wallet, merchant, payment gateway