Managers of Wealth Africa

Xoom opens remittance corridor to Africa

A pioneer in digital remittances, Xoom is a fast and secure way to send money, pay bills and reload phones for loved ones in over 160 countries globally.

Digital Transformation Within Kenya’s Financial Sector

The subsequent panel discussions were centered on three key aspects namely cashless and digital payments, next-generation digital platform, and the relationship between FinTechs and banks.

Proposal to define crypto assets as financial products in South Africa doesn’t ‘legitimise’ them, experts warn

That the FSCA should become the responsible authority for the licensing of ‘services related to the buying and selling of crypto assets, and should develop specific conduct standards for these services.

Banks take the lead in embracing digital payments

According to a research paper published by the Boston Consulting Group (BCG), the volume of digital payments is soaring and by 2020 is likely to approach $5 trillion worldwide.

SFF spotlight on digitisation of the Afro-Asia SME corridor: A multi-trillion economic zone

Significantly for Africa, this momentous event marked the start of discussions between Singapore’s central bank MAS and the Bank of Ghana, the Western Africa country’s central bank

Mental wellness platform Lyra Health is raising up to $175M at a $2.25B valuation

Right now it’s available in Kenya and Nigeria, which have a combined population of over a quarter of a billion people.

BankBI Integrates with Musoni

Musoni specialises in helping organisations to digitalise their operations.

Kenya, Tanzania and Rwanda rank top for rapid digital growth, demand

This adds to other cables serving Kenya such as Seacom, East African Marine System (Teams), Eastern African Submarine Cable System (EASsy) and Lion2 systems.

Bank-FinTech Collaborations Digitize Trade Finance, Enhance Online Banking

Synctera left stealth and emerged with news that it landed $12.4 million in seed funding, according to published reports.

Digitalisation to help Nigerian banks reduce cost

The four dimensions, according to the report, are scale, efficiency and productivity, data and analytics as well as talent hunt.

Kenya-based fintech wins 2020 AFI Inclusive Fintech Showcase

The showcase is an initiative operating under the 2018 Sochi Accord with AFI’s membership that aims to participate in systemic dialogue-driven platforms and partnerships with fintech firms and technology providers that regulate policies.

Standard Bank: Accelerating towards Africa’s digital future

In South Africa, the government granted temporary emergency wireless spectrum to operators to allow them to add network capacity and implement upgrades to deal with the crisis and manage for the increased demand.

African tech companies are having a good year

Tech start-ups on the continent have fared well regardless of the pandemic-stricken year

Digital Transformation: Obaro calls for attention to cybersecurity

The technology expert further highlighted data breaches, data loss, access control, denial of service, insecure interfaces and poor API implementations, as some of the security challenges faced by organisations and government today in the use of cloud.

FinTech