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Zambia-based card issuing fintech startup Union54 has announced the launch of ChitChat in the region, aiming to improve the digital finance and social commerce landscape in Africa.
product launch, digital wallet, digital payments, partnership, social commerce, financial inclusion
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
EBANX has unveiled its new Product Series containing anti-fraud measures, B2B payment processing updates, and more for 29 countries in LATAM, Caribbean, Africa, and Asia.
payment processing, fraud prevention, B2B payments, payment methods, chargebacks
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
The Central Bank of Kenya (CBK) has become a member of the Pan African Payments and Settlement System (PAPSS).
central bank, settlement, banks, FX
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
The Central Bank of Kenya has upgraded its Kenya Electronic Payment and Settlement System (KEPSS) by migrating the platform to new standards.
payments , central bank, banks, product upgrade, digital payments
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
International money transfer company Tempo France has announced its partnership with Sift in order to fight fraud, scams, and other online threats.
partnership, fraud management, fraud detection, fraud prevention, KYC, KYB, AML
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
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
Mastercard has partnered Kenya-based fintech Cellulant to allow African consumers to shop and pay online with global merchants.
partnership, fintech, online shopping, ecommerce
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
Union54 has launched in Zambia, offering people an opportunity to own virtual debit cards they can use to pay bills, purchase goods online, and access local and global supply chains.
credit card, debit card, virtual card, unbanked, startup
Kenya-based fintech Cellulant has partnered with five Zambia-based water utility companies to provide digital payment services.
partnership, mobile payments, digitalisation, digital payments, payment gateway