payments
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News
Pesalink’s Fee Cuts Show Banks Are Chasing Everyday Transactions Again
Kenya’s banking industry has launched its most coordinated effort yet to reclaim a larger share of everyday digital payments, with…
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News
Ghana Revokes Fintech Startup Zeepay’s Licence Over Regulatory Breaches
The Bank of Ghana (BoG) has revoked the Dedicated Electronic Money Issuer (DEMI) licence of Zeepay Ghana Limited with immediate…
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Startups
Flutterwave Secures Strategic Investment From Circle Ventures
Flutterwave, Africa’s leading payments technology company, has announced a strategic investment from Circle Ventures, the corporate venture arm of Circle…
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News
Visa Unveils New Smartphone Payment Solutions for SMEs Across Emerging Markets
Visa is expanding its digital payments ecosystem with new capabilities for Visa Accept and Visa Direct, enabling small businesses to…
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News
The Battle to Control Africa’s Money: Mpesa Vs Banks Vs Fintech’s
Africa’s biggest battle is no longer taking place inside banks’ boardrooms or startup incubators; it’s unfolding every time one sends…
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News
PawaPay Hits Three Billion Transactions, Doubling Daily Payment Volumes
PawaPay has processed three billion successful mobile money transactions through its platform, underscoring the rapid growth of digital payments across…
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News
Visa Study Reveals That 89% of Kenyans Use AI in Shopping, With Trust Driving Checkout Behaviour
Visa has published its annual Stay Secure study in Kenya, highlighting how artificial intelligence and social commerce are reshaping digital…
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COLUMNS
How an Automated Payment Collection System Can Help Your Business
In the current hectic digital economy, accuracy and speed are important success parameters for a business. Among the most neglected,…
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News
Flutterwave and Tempo Partner to Accelerate Blockchain-Based Payments in Africa
Flutterwave has announced a strategic partnership with Tempo, a blockchain network focused on payments, to advance stablecoin-powered payments and settlements…
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News
Ethiopia’s EthioPay-IPS Hits 1 Million Daily Transactions
Ethiopia’s national payment switch, EthSwitch, has recorded a landmark milestone after its EthioPay-IPS platform surpassed one million transactions in a…
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News
Kenya’s Mobile Money Tax Plan Puts Digital Payment Growth Under Pressure
Kenya’s plan to impose new taxes on digital payment services is triggering concern across the banking and business sectors, with…
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TRENDING
Visa Introduces Apple Pay in Mauritius
Visa has introduced Apple Pay to its cardholders in Mauritius. The service is currently available to Mauritius Commercial Bank (MCB)…
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News
PayPal Brings Its Dollar-Backed Stablecoin to 70 Markets, Including Africa
PayPal has announced the rollout of its dollar-backed stablecoin, PayPal USD (PYUSD), to users across 70 markets worldwide, including markets…
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News
Uganda Fintech MAM Telecom Builds Out Payment Infrastructure Stack as It Eyes East African Expansion
Ugandan fintech infrastructure startup MAM Telecom Ltd is advancing a payment and settlement stack aimed at structural inefficiencies in Uganda’s…
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News
Mastercard and Yellow Card Partner to Accelerate Stablecoin Adoption Across EEMEA
Mastercard has partnered with Yellow Card to accelerate the adoption of stablecoin-enabled payments across Eastern Europe, the Middle East, and…
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News
Visa Expands Footprint with New Ethiopia Office
Visa, a global digital payments leader, has officially opened a new office in Addis Ababa. While the company has maintained…
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News
M-PESA GlobalPay Visa Card Crosses 316,000 Active Users in Kenya
The number of Kenyans actively using the M-PESA GlobalPay Virtual Visa Card jumped 62.1% in the year ended 31 March…
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News
Cross Switch Appoints Gillian Koinange as Head of Business Development, East Africa
Payments technology company Cross Switch has announced the appointment of Gillian Koinange as Head of Business Development, East Africa. The company…
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TRENDING
TechTrends Magazine Cover #2: Why East Africa’s Real Digital Work is Just Beginning
For years, the story of technology in Africa has been told through one lens: connectivity. Getting people online. Onboarding the…
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News
Africa’s Next Billion-Dollar Industry Isn’t AI, It’s Compliance
The loudest word at African tech conferences used to be growth. This year, it sounded more like proof. The conversation…
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COLUMNS
Sam Malonza | Why Trust Is Becoming Kenyan Fintech’s Most Important Currency
Kenya’s fintech sector is entering a more demanding chapter and the issue defining it is no longer simply innovation, speed…
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News
Visa Intelligent Authorization Now Available to Help Acquirers Upgrade Payment Infrastructure
Visa has rolled out Visa Intelligent Authorization in Kenya, a new feature on its Visa Acceptance Platform aimed at simplifying…
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COLUMNS
Prashant Byndoor | Why Kenya’s Payments Systems Are Under Pressure in 2026
Rising transaction volumes, tighter regulation and growing competition are placing new demands on banks and cooperative lenders across Kenya and…
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News
Pesalink Signals a New Phase for Kenya’s Digital Payments System
Kenya’s payments story has long been told through a single number: more than 90% of adults are financially included. It…
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News
Cellulant Appoints Darren Makarem as CFO to Drive African Payments Expansion
African payments technology company Cellulant has named Darren Makarem as its new Chief Financial Officer (CFO), bolstering its executive bench…
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News
Yango and Flutterwave Partner to Drive Cashless Payments in Zambia
Global tech firm Yango Group has announced a strategic partnership between its service platform, Yango, and Africa’s leading payment provider,…
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News
Grey Scales Global Business With New USD Payments Solutions
Grey, a provider of cross-border payment solutions, has significantly expanded its business banking ecosystem by launching a unified platform that…
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TRENDING
Africa Built Digital Payments. Crossing Borders Still Feels Hard
The conversation around African payments often begins with ambition. Integration, digital finance, continental trade. Yet the practical experience remains stubbornly…
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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.…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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.…
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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:…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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.…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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.…
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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.…
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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…
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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,…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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.…
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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…
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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…
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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…
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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…
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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…
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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…
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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)…
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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…
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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…
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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),…
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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…
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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…
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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…
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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…
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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,…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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),…
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