payments
-
News
Paymentology Appoints Kesheni Moodley as Regional Director for Africa
Paymentology, the world’s leading global issuer-processor, has announced the appointment of Kesheni Moodley as its new Regional Director for Africa.…
Read More » -
Startups
Chipper Cash Hits First Cash-Flow Positive Quarter
Chipper Cash, one of Africa’s leading cross-border payment platforms, has officially reached a historic financial turning point. CEO and Co-Founder…
Read More » -
News
Network International Digital Payments Partnership Targets Sudan’s Banking Infrastructure
Network International, a leading fintech company operating across the Middle East and Africa, has signed a strategic processing agreement with…
Read More » -
News
Paystack Enters Nigeria’s Banking Sector with Acquisition of Ladder Microfinance Bank
Paystack, the Stripe-owned fintech leader, has officially entered Nigeria’s banking sector through the acquisition of Ladder Microfinance Bank. Announced on…
Read More » -
News
Uber Drops Visa Cards in Kenya Amid Payment Cost Squeeze
Open the Uber app in Kenya today and something ordinary is missing. Visa is gone. For a service built on…
Read More » -
Startups
Flutterwave Strengthens Open Banking Push with Acquisition of Mono
Flutterwave, Africa’s leading payments technology company, has officially announced the acquisition of Mono, a pioneer in open banking infrastructure. The…
Read More » -
TRENDING
Verto Deepens West African Presence with New Lagos Hub
Global B2B payments platform Verto has launched a new strategic office in Lagos, deepening its commitment to the Nigerian and…
Read More » -
News
Network International and Magnati Complete Merger
Fintech firm Network International and Magnati, a leading payment solution provider in the UAE, have announced the completion of their…
Read More » -
News
Paga Enters the U.S. to Build the First Real Banking Platform for African Migrants
Most fintechs entering the United States start by promising convenience. Paga is staking its entry on something deeper: familiarity. After…
Read More » -
News
Africa’s Parallel Payment Revolutions: Why Local Stablecoin Systems and Bank Settlement Rails Are Racing to Replace the Dollar
Africa is attempting something few regions have dared to do in public view — unwind its dependence on the U.S.…
Read More » -
News
This Pesapal Pezesha Credit Partnership Could Decide Which Ugandan Merchants Grow and Which Stay Stuck
Pesapal could have stayed in its lane. Process transactions, issue receipts, stay invisible. Instead, it has picked a new role:…
Read More » -
News
PayPal’s Middle East and Africa Investment: Can Digital Payments Outrun Regulation and Market Fragmentation?
Few regions carry as much digital promise as the Middle East and Africa. Young populations, rising smartphone penetration, and widespread…
Read More » -
News
PayPal to Invest $100 Million in Middle East and Africa to Boost Digital Commerce
PayPal Holdings has announced a $100 million investment aimed at fueling innovation, supporting entrepreneurs, and driving inclusive economic growth across…
Read More » -
News
How Nigerian Fintech Startup Cardtonic is Redefining Cross-Border Payments
When Nigerian entrepreneur Kayode “Kay” Faturoti set out to help his girlfriend order makeup from Sephora in 2018, he didn’t know he…
Read More » -
News
Yellow Card Integrates with Fireblocks to Transform Cross-Border Payments in Africa
Yellow Card, one of Africa’s leading fintech firms, has officially joined the Fireblocks Network for Payments, bringing its emerging markets…
Read More » -
News
Verto Unveils Atlas Suite to Simplify Cross-Border Payments
Global B2B payments platform Verto has announced the launch of The Atlas Suite, an API-first embedded finance solution designed to…
Read More » -
News
Verto Webinar Explores Payments, Compliance, and Expansion Strategies for South African Businesses
Verto Webinar: South African businesses looking to expand internationally face a host of challenges, from high cross-border transaction costs and…
Read More » -
BUSINESS
Verto Launches New Bill Pay Feature for Global Businesses
Verto, a leading global B2B payments platform, today announced the launch of a new accounts payable solution designed to significantly…
Read More » -
News
Verto Webinar Unpacks Future of Cross-Border Payments in Africa
Global fintech firm Verto on Thursday hosted a webinar shedding light on the challenges and opportunities that businesses face when…
Read More » -
BUSINESS
Absa and Visa Renew Partnership to Accelerate Digital Payment Innovation Across Africa
Absa Group and Visa have renewed their strategic partnership to accelerate digital payment innovation and financial inclusion across Africa. The…
Read More » -
News
Easter Shopping Made Easy: How the LOOP Payment Account Enhances Your Holiday Spending
April is here and so is the Easter season, which brings the excitement of celebration, gift-giving and making travel arrangements.…
Read More » -
News
Network International and Flydubai Enable Mobile Money Payments in Kenya and Uganda
Network International (Network), a leading digital payments provider in the Middle East and Africa, has extended its partnership with Dubai-based…
Read More » -
News
97% of Consumers Take Cautionary Measures Around Digital Payments, Visa Study
Digital payments firm Visa has published a new study that sheds light on consumer awareness and proactive security measures taken…
Read More » -
News
Fintech Firm dLocal Integrates Airtel Money for Google Play Payments in Kenya
dLocal, the leading cross-border payment platform connecting global merchants to emerging markets, has enabled Airtel Money as a payment method…
Read More » -
News
71% of Kenyan Consumers Experience Digital Fraud
Digital payments firm Visa has released a new study outlining consumer awareness and proactive security measures for digital payments. According…
Read More » -
News
These Countries are Nearly Cashless Societies According to Research
A recent study by BoxBet ranked the most cashless societies by analyzing key financial and digital payment adoption indicators across…
Read More » -
News
How Digital Payments Are Promoting a Cashless Economy in Africa
Digital payments are playing a very important role in changing Africa’s economy by promoting financial inclusion and minimizing dependency on…
Read More » -
News
40% of Kenyan SMEs Adopted Digital Payments in the Last Two Years, Visa Study
Digital payments company Visa has released a new report detailing growth opportunities for digital payments, particularly among small and medium-sized…
Read More » -
News
KCB Joins PAPSS to Enhance Cross-Border Transactions
KCB Group has joined the Pan-African Payment and Settlement System (PAPSS) to enhance cross-border trade and financial integration across the…
Read More » -
Startups
MANSA Raises $10M to Tackle Cross-Border Payments Liquidity Challenges
MANSA, a global fintech innovator in cross-border payments, has announced the successful close of its $10 million funding round. This…
Read More » -
News
TechTrends Podcast | Raenest’s Victor Alade on Simplifying How Africans Manage Their Money Across Borders
In this episode of the TechTrends Podcast, we sit down with Victor Alade, CEO and co-founder of Raenest, to explore…
Read More » -
BUSINESS
Visa Study Highlights Need for Strengthened Security to Boost Digital Payments Among SMEs in Kenya
A recent report by digital payments leader Visa has shed light on the security concerns faced by small and medium-sized…
Read More » -
News
Visa Appoints Michael Berner as Head of Southern and East Africa
Visa has announced that Michael Berner will assume the role of Head of Southern and East Africa (SEA), effective immediately.…
Read More » -
News
TechTrends Podcast | dLocal’s Ed Aitken on Facilitating Seamless Cross-Border Transactions
In this episode, we sit down with Ed Aitken from dLocal to explore how the company is revolutionizing cross-border transactions.…
Read More » -
BUSINESS
Fintech Firm Tuma Secures PSP License From Bank of Tanzania
Fintech innovator, Tuma Ventures Limited, has announced its approval as a licensed Payment Systems Provider (PSP) by the Bank of…
Read More » -
News
Fintech firm NjiaPay secures $1M+ to simplify payments for African businesses
NjiaPay on Tuesday announced the closing of an oversubscribed $1 million+ pre-seed funding round. The round was led by HAVAÍC,…
Read More » -
News
Worlds first payment gateway launches for people to use Web3 earnings
FSL, the Web3 development studio behind the powerhouse Web3 lifestyle app STEPN, has announced the launch of GMT Pay payment…
Read More » -
News
Full List of TBD Hackathon Winners at Africa Bitcoin Conference
TBD Hackathon Winners: Block, Inc, the global technology company focusing on financial services, has announced the winners of the highly…
Read More » -
News
TBD Pioneers Decentralized Solutions to Bridge Africa’s Payment System Gaps
Africa’s payment systems are experiencing a rapid evolution, fueled by the increasing number of mobile penetration, the growing amount of…
Read More » -
News
Changing Global Trade Patterns Will Enhance Cross-Border B2B Payments in Africa
Changing global trade patterns and the emergence of new payment solutions will drive significant growth in cross-border B2B payments in…
Read More » -
News
Visa Hosts Sir Tony Blair at its Sub-Saharan Africa Innovation Studio in Nairobi
Digital payments leader Visa on Thursday hosted the former Prime Minister of the United Kingdom, Sir Tony Blair, at its…
Read More » -
News
KaiOS smart-feature phones to intergrate Mastercard’s payment technology
KaiOS Technologies, a leading operating system that brings internet to affordable devices has announced a collaboration with Mastercard to integrate a…
Read More » -
News
Mastercard taps Amazon Payment Services to facilitate digital payment acceptance across Africa
Mastercard and Amazon Payment Services have signed a multi-year commercial partnership agreement to digitize payment acceptance in Middle East and…
Read More » -
BUSINESS
Absa and Visa unveil Kenya’s first metallic infinite card
Absa Bank Kenya has partnered with Visa to launch an exclusive Infinite card, making it the first bank in Kenya…
Read More » -
News
Safaricom receives payment facilitator certificate from Visa
Digital payments company Visa has awarded Safaricom a Payment Facilitator Certificate, marking a major milestone in its ongoing partnership with…
Read More » -
Blockchain
Mansa, Bitmama partner to enhance cross-border payments through virtual crypto cards
Decentralised finance (DeFi) platform specialising in cross-border payments and trade financing, MANSA, has partnered with blockchain payment platform Bitmama to…
Read More » -
News
[TechTrends Podcast] Unpacking gaps in payment systems in Africa ft TBD’s Angie Jones
In this episode, we unpack the existing gaps in payments in Africa with Angie Jones, the Global Vice President of…
Read More » -
Apps
LOOP App Wants to be Your One Stop Shop Lifestyle App
LOOP App: Over the last couple of years, Africa has become one of the fastest-growing app markets in the world.…
Read More » -
Blockchain
Block’s TBD Hackathon to address gaps in payment systems in Africa
TBD, a part of Block, has announced the launch of the TBD Hackathon, held in collaboration with the Africa Bitcoin…
Read More » -
News
Visa cardholders to get a chance to win Carrefour Shopping Discounts
Visa has partnered with Carrefour to offer Visa Cardholders who shop on the weekends a chance to win exclusive discounts…
Read More » -
News
In a booming subscription economy, consumers are looking to their banks for help in managing their recurring payments
In today’s digital age, where convenience is paramount and subscription services are on the rise – expected to reach $406…
Read More » -
BUSINESS
Kevin Ng’ang’a: Fast and Affordable Cross-Border Payments for African Businesses
As an African business aiming to leverage Japan’s,China’s and Turkey’s extensive supplier network, manufacturing power and variety of goods, efficient…
Read More » -
News
Fintech firm Pyypl joins forces with Visa to drive financial inclusion in Africa
Pyypl, the Middle East and Africa (MEA) fintech has announced a partnership with to issue virtual and physical Visa cards through…
Read More » -
News
Visa Cardholders: How to win a fully paid trip to experience the Paris Olympics 2024
The Olympic & Paralympic Games Paris 2024 are set to happen in Paris and if you’re a sports enthusiast, this…
Read More » -
News
dLocal secures remittance services partnership with KCB Bank
dLocal KCB Partnership: More than a year after securing payment service provider licences from the Central Bank of Kenya (CBK)…
Read More » -
BUSINESS
NCBA Visa Cardholders: Here’s how to win a fully paid trip to experience the Paris Olympics
NCBA Visa Cardholders: The Olympic & Paralympic Games Paris 2024 are set to happen in Paris and if you’re a…
Read More » -
BUSINESS
Investment bank predicts Africa’s remittance market will reach $500bn by 2025
Remittances comprise a significant portion of African Gross Domestic Product (GDP), with the total value of remittances across the continent…
Read More » -
BUSINESS
Airtel Africa taps Network International for payments processing
Airtel Africa has appointed Network International (Network) a leading enabler of digital commerce across the Middle East and Africa (MEA),…
Read More » -
BUSINESS
Visa unveils suite of new products for the digital age
Digital payments company Visa has unveiled a suite of new digital-first products and services that it claims will revolutionise the…
Read More » -
BUSINESS
How Africa’s largest payments network is integrating social mission with its business aspirations
Being deliberate about creating a “greater purpose” is essential to building an authentic corporate culture, engaging stakeholders, and navigating the…
Read More » -
News
Visa launches 2.5m grant competition for women business owners in Kenya
Digital payments firm Visa has launched its She’s Next global advocacy program in Kenya. She’s Next is part of Visa’s efforts…
Read More » -
BUSINESS
Growth opportunities for African fintech abound, especially in South Africa
The fintech landscape in Africa is experiencing a surge in growth opportunities, with South Africa emerging as a key player…
Read More » -
Startups
Payless Africa launches in Kenya, targets the youth with new payment platform
Payless Africa, the fintech firm building digital financial solutions has launched in Kenya. With its mobile app and digital platforms,…
Read More » -
Startups
Cellulant announces new executives appointments
African payments firm Cellulant has announced the appointment of several leading executives to its management team. The company said in…
Read More » -
News
Rethinking Card Issuing in an Age of Fintech Disruption
Traditional banks face challenges in modernising card issuing to keep up with new competitors. Fintech disruptors and evolving consumer preferences…
Read More » -
BUSINESS
Network International partners with Souhoola to boost BNPL in Egypt
Network International has partnered with leading fintech provider Souhoola to boost Buy-Now-Pay-Later’ (BNPL) payments in Egypt. The partnership, announced on Thursday will…
Read More » -
BUSINESS
M-PESA partners with Onafriq for international remittances to Ethiopia
Safaricom has today announced an International Money Transfer Agreement with Onafriq, Africa’s digital payments network to help streamline remittance flows…
Read More » -
BUSINESS
London-based fintech Unlimit secures PSP licence to expand into Tanzania
Global fintech company Unlimit is launching its payments services in Tanzania, further expanding its presence in Africa. The firm announced…
Read More » -
BUSINESS
MasterCard teams up with SAVA to serve African SMMEs
Mastercard and Johannesburg-based fintech company SAVA have announced a partnership to support small, medium, and micro enterprises (SMMEs) with innovative…
Read More » -
News
Payments firm MDP names Frank Molla as Managing Director for Africa Operations
Issuing and payment processing firm in the Middle East and Africa MDP, has appointed Frank Molla as Managing Director for…
Read More » -
News
Fintech platform Alviere expands its reach to 500 million mobile wallets in Africa
Alviere, the embedded finance platform provider, has announced that Onafriq, Africa’s digital payments network, has chosen it to enable payments…
Read More » -
News
Visa and Pesaflow partner to accelerate digital government ecosystems
Visa, a global leader in digital payments and Pesaflow, a pioneering fintech firm offering innovative digital payment solutions have partnered…
Read More » -
News
Fintech firm Ukheshe acquires Africa focused payment and eCommerce solutions provider EFT Corporation
South African Fintech firm Ukheshe International has acquired 100% of EFT Corporation Limited (EFTCorp) from parent Loita Transaction Services (LXS),…
Read More » -
News
Copia, Visa partner to deliver digital finance services Kenyan households
Copia Global, the Kenyan last-mile delivery and eCommerce platform has entered into a strategic partnership with Visa. The 5-year partnership,…
Read More » -
News
Onafriq eyes global expansion after rebranding from MFS Africa
After rebranding last month, Africa’s digital payments network Onafriq, Formerly MFS Africa, has revealed plans to expand to new markets. …
Read More » -
News
Visa and Oxfam America to scale B-READY project to Kenya
Visa recently teamed up with Oxfam America to scale the Building Resilient, Adaptive and Disaster-Ready Communities (B-READY) Project to provide preventative…
Read More » -
News
Fuse launches $10M grant program for web3 payments innovators
Fuse Network has unveiled a $10 million grant program to support businesses by providing essential funding and infrastructure for streamlined…
Read More » -
News
Payment24 Unveils Integrated Cloud-Based Payment Product
Global payments platform provider Payment24 has launched a new cloud-based payment solution to enables banks and retailers to accept any…
Read More » -
News
Fintech firm Cellulant Granted Payment Licenses to Operate in Egypt
Cellulant has today announced that it has received approval from Egypt to operate as a Payment Service Provider and Payment…
Read More » -
News
Little App Rolls out NFC Payment Feature for Taxi Drivers
Little App is rolling out Near Field Communication (NFC) payment feature for its drivers in Kenya. The feature is being…
Read More » -
News
MFS Africa Rebrands to Onafriq
MFS Africa, Africa’s digital payments network has rebranded to Onafriq. According to Dare Okoudjou, founder and CEO the trademark MFS…
Read More » -
News
NCBA and Visa target businesses with new spend management tool
NCBA Group and Visa have announced a partnership to roll out an online Spend and Expense management platform for Enterprise…
Read More » -
News
[Kenya] Visa working with local banks to roll out Tap To Pay payment services
Tap To Pay is a concept that Kenyans have not really been accustomed to. As much as customers are gradually…
Read More » -
News
Nigeria trails South Africa and Kenya in Africa’s B2B payment revolution
Nigeria trails South Africa and Kenya in the development of key B2B payment processes across Africa, including the adoption of…
Read More » -
News
Flutterwave addresses Payment Challenges for African Students in Overseas Schools with new payments product
African payments to overseas schools have been hindered by a myriad of challenges. From the high cost of transactions, limited…
Read More » -
News
Risana Zitha: B2B payments set to be the next focus for VC’s in Africa
Africa’s $1.5 trillion B2B payments market is ripe for innovation and represents a golden opportunity for investors and entrepreneurs looking to…
Read More » -
News
Mastercard and PayU launch roll out Click to Pay payments in South Africa
Mastercard, in partnership with PayU, have announced the launch of Click to Pay in South Africa. Click to Pay is…
Read More » -
Startups
LemFi launches its diaspora remittance services in Kenya
LemFi, the cross-border payment solution that enables the diaspora community to send and receive money back home has formally launched…
Read More » -
BUSINESS
Boost for SMEs as Pesapal Introduces Real-Time Settlement of Payments in Kenya
Pesapal has introduced real-time settlement for merchants in Kenya, enabling fast transfer of funds into their accounts. Through Pesapal’s e-wallet…
Read More » -
News
MultiChoice, Rapyd and General Catalyst to launch new integrated payment platform for Africa
MultiChoice Group, Rapyd and General Catalyst on Monday announced a joint venture aimed at developing an integrated payment platform for…
Read More » -
News
Uruguayan fintech firm dLocal receives regulatory approval to operate in Kenya
Uruguayan fintech dLocal on Tuesday announced that the Central Bank of Kenya (CBK) had granted it a payment service license…
Read More » -
News
Digital payments firm DPO Pay announces new leadership appointments
African digital payments company DPO Pay has announced the appointment of Isabella Marira as Group Head of Operations. The firm…
Read More » -
News
Nigeria’s PSP Nomba raises $30 million Pre-Series B
Nigerian payment service provider Nomba has raised a $30 million Pre-Series B funding round to support the delivery of bespoke…
Read More » -
News
Visa Everywhere Initiative 2023 applications open in Kenya
Payments firm Visa has opened applications for the 2023 edition of the Visa Everywhere Initiative (VEI). The global open innovation…
Read More » -
News
dLocal launches new payment platform to boost African e-commerce transactions
dLocal has announced the launch of a new all-in-one payment solution to manage global platform payments in one place. Known…
Read More » -
News
Brazilian fintech EBANX picks Ex-Chipper Cash VP as its new director for Africa
EBANK, the Brazilian fintech company which recently expanded into Africa has announced the appointment of Wiza Jalakasi as its new…
Read More » -
News
Fintech firm NALA receives PSP license from Bank of Tanzania
NALA, the fintech firm payments company born in Tanzania has been granted a Payment Service Provider (PSP) License to operate…
Read More » -
News
DTB, Mastercard to offer payments cards to fintechs in Kenya
Diamond Trust Bank (DTB) is partnering with Mastercard to provide payments cards to tech companies including fintechs in Kenya. The…
Read More » -
News
PesaPal to accept Airtel Money payments in Uganda
Nairobi-based fintech company PesaPal has partnered with Airtel Mobile Commerce Uganda Limited (AMCUL) and PesaPal Uganda to provide payment solutions…
Read More » -
News
Nigerian Agri-FinTech Tingo partners with Visa for secure cashless transactions
Nigerian Agri-FinTech company Tingo has partnered with Visa to launch digital payment offerings in Africa. In a statement, the companies…
Read More » -
Featured
Choosing the Right Payment Method for Your Online Betting Needs
Online betting is on the rise, and with it comes an ever-increasing variety of payment methods that customers can use…
Read More »