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FinTech

04/12/2022

Mastercard and Pesalink Sign an MOU to Drive Digital Transformation of Payments in Kenya

Under the terms of the MoU, PesaLink will leverage Mastercard’s technology, expertise, partnerships, and cyber intelligence solutions to diversify its payment capability beyond person-to-person payments.

04/11/2022

African Payments Company Cellulant Expands Its Business Platform Into Ghana

Cellulant will roll out Tingg in Ghana in order to provide ways to digitize payments, collect and disburse to customers, the release says.

04/08/2022

novobanco goes live with Objectway to lead the way in investment services

Objectway delivered the project using an incremental release plan adhering to agile principles.

04/08/2022

Tanzania hosts IMF-led talks on cryptocurrencies

Another similar conference is planned later this year for Sub-Saharan Africa’s Francophone countries.

04/08/2022

ImaliPay raises $3m seed to deepen its financial services infrastructure across Africa

According to Mastercard Foundation, the African gig economy is expected to have over 80 million workers by 2030.

04/08/2022

Somalis changed the face of money transfers worldwide

The major factors behind the country’s innovation in money transfers are a tough operating environment

04/07/2022

South Africa Central Bank Urges Engagement on Blockchain

A distributed ledger is a digital record of transactions and contracts maintained in a decentralized form across different locations.

04/05/2022

Digital assets gaining currency as regulators increase surveillance

“The regulations that will result from this executive order are likely to change how crypto assets are traded, but it might take several months or years before the guidelines are rolled out,

04/05/2022

ZirooPay raises $11.4m to scale its mobile POS solutions for retailers across Nigeria

This new capital will be deployed toward expanding its payment infrastructure, accelerating growth and growing its team, the company said.

03/31/2022

Is digital the new South African currency?

Over the last two unprecedented years, the need to social distance and safeguard our health has also accelerated the growth of digital payments.

03/31/2022

Safaricom and Gulf African Bank launch Shari’ah-compliant mobile financing solution

Halal Pesa will empower M-PESA customers who have previously been locked out of access to financing due to barriers such as the lack of Shariah modelled mobile facilities.

03/29/2022

Old Mutual Limited Extends BPM Partnership with SS&C

"We are committed to seamlessly transitioning organizations to digitized and optimized business processes at scale."

03/28/2022

Sudan Central Bank Warns on Cryptocurrency Use as Economy Tanks

The Sudanese pound lost at least 15% of its value this month after the central bank allowed it to float.

03/24/2022

Iress unleashes a new era of fund administration for Maitland

The Iress implementation has been an integral part of a larger initiative to increase automation and straight through processing

03/23/2022

The Challenges in Getting Internet Access to All South Africans

South Africa enjoys an interesting position in terms of its Internet when compared to the rest of the world, and more specifically, the rest of the continent.

03/23/2022

Kenya’s central bank warns of risks in cryptos

Speaking in Mombasa during World Consumer Rights Celebration Day 2022 on Tuesday

03/22/2022

African governments can’t be both referees and players in consumer fintech

Central banks are launching digital currencies across Africa. But government attempts to own the retail payments space are leading to failure.

03/22/2022

United Bank for Africa partners with Cellulant to expand across Africa

Already over US$15 billion in gross value payments are processed by Cellulant across the shared markets – and this partnership has the scope to expand the numbers significantly.

03/21/2022

Fidelity Bank Set to Demystify Online Payments with PayGatePlus

Everything we do as a financial organisation including the design of our products and services has the customer as the main focus.

03/21/2022

Cellulant, UBA to expand payments in 19 African countries

“We are delighted to welcome the United Bank for Africa as a new banking partner,” said Group CEO at Cellulant, Akshay Grover.”

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