payments
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BUSINESS
DPO Group CEO Eran Feinstein announces his retirement
DPO Group (DPO) co-founder and CEO Eran Feinstein has announced his retirement from the company. His retirement comes just nine…
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News
Visa expands its digital payments with new office in DRC
Global payments company Visa has announced the establishment of local business operations in the Democratic Republic of Congo (DRC). DRC…
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Interviews
[Interview] Africa is central to our long-term growth strategy, says Visa CEO
AI Kelly is the Chairman and CEO of the global payments firm Visa. He joined Visa in October 2016 as Chief Executive Officer and…
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News
Visa announces grant to support women entrepreneurs in Africa
Global payments firm Visa has announced a grant in support of African women entrepreneurs. The African Women Impact Fund (AWIF)…
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News
Technology company Mara Group is seeking Kenyan blockchain developers
Pan-African technology company Mara group has announced plans to recruit Kenyan developers who will spearhead efforts to build a blockchain…
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News
Fintechs are set to transform cross-border payments in Africa, says Ukheshe Technologies
For centuries people have crossed borders to live, work, and trade. While cross-border payment systems are crucial for financial inclusion…
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News
M-Pesa Pay Bill Numbers now accept Airtel and Telkom mobile money payments
Telkom and Airtel customers in Kenya will now be able to now make direct mobile money payments to an M-PESA…
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News
Flutterwave appoints ex-Goldman Sachs MD Gurbhej Dhillon as new CTO
Flutterwave has announced the appointment of former Goldman Sachs’ Managing Director, Gurbhej Dhillon as its Chief Technology Officer (CTO). As…
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News
Absa Bank Kenya and Visa Launch a Money Remittance Service
Absa Bank and global payments company Visa have today launched a payment solution aimed at easing local and cross-border transactions.…
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News
Pesapal granted Payment System Operator license in Uganda
Pesapal has received a Payment System Operator license from the Bank of Uganda to operate in the country. According to…
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Startups
New App To Automatically Supervise Spending For Dependents Launched
Kenyan startup Empower Smart Limited has launched an automated Digital Escrow Supervised Payments app for Dependents. Dubbed “Super Pay” the…
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News
46% of SMEs in EEMEA earning more money than before the pandemic, Mastercard report
Data from Mastercard’s 2022 Borderless Payments Report has revealed two in five (46%) small and medium-sized businesses (SMEs) in Eastern…
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News
MFS Africa acquires US-based fintech Global Technology Partners
Digital payments network MFS Africa has announced it has reached an agreement to buy US-based tech company Global Technology Partners…
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News
Ugandan fintech startup Eversend rebrands, announces new features
Eversend, a Ugandan fintech startup providing cross-border money transfers for Africans and Africans in the diaspora has rebranded. The startup…
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News
Safaricom and Visa roll out virtual card for global payments via M-Pesa
Kenya’s leading telco Safaricom and payments leader Visa on Thursday launched a virtual payment card to enable users to make…
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Startups
Nigerian fintech startup Grey expands to Kenya to enable freelancers send and receive money from abroad
Over the last few years, there have been conversations around PayPal being unfriendly to its users, mainly freelancers in Africa.…
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BUSINESS
Safaricom to hide customer identity on Lipa Na M-Pesa
Safaricom is adopting a new model for its Lipa Na M-Pesa platform aimed at curbing leakage of personal information. Effective…
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News
Safaricom to launch M-pesa in Ethiopia after new law changes
There is a wave of transformation sweeping across the telecommunications sector in Ethiopia. It started with reforms effected by Prime…
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News
Mastercard and PesaLink sign MoU to drive payments sector digital transformation in Kenya
Integrated Payment Services Limited (IPSL) which runs the PesaLink payments ecosystem has signed a Memorandum of Understanding (MoU) with Mastercard…
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Startups
Flutterwave goes live in Tanzania
African fintech Flutterwave has received approval from the Bank of Tanzania (BoT) to launch its payment service in the country.…
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COLUMNS
The biggest fintech trends changing the face of payments in emerging markets
Last year saw an unprecedented rate of change in the financial sector, with huge growth in the use of digital…
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New Appointments
Vodacom subsidiary XLink appoints Thanusha Govender new Managing Director
XLink, a subsidiary of the Vodacom Group and provider of secure payment connectivity solutions, has appointed Thanusha Govender as its new Managing…
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News
Irish fintech Pipit Global and Cellulant extend partnership to 12 new African markets
International cash payments platform Pipit Global and Cellulant have extended their partnership agreement to now include eighteen countries in Sub-Saharan…
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News
Digital Payments in Kenya Grow Beyond Pandemic-Led Push, Cellulant
Digital payments have shifted from being a nice-to-have for businesses to a necessity as more consumers prefer digital platforms as…
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BUSINESS
Payment solutions provider Virtual Pay receives ISO 27001 certification
Virtual Pay, a leading payment solutions provider has been awarded the prestigious ISO 27001:2013 certification receiving accreditation for its Information…
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BUSINESS
Afreximbank, AfCFTA announce operational roll-out of Pan-African Payment and Settlement System
The African Export-Import Bank (Afreximbank) and AfCFTA Secretariat announced the operational roll-out of the Pan-African Payment and Settlement System (PAPSS),…
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News
Former Interswitch Sales Network Lead Karimi Ithau Appointed New Kenswitch Kenya Managing Director
Payments service provider Kenswitch Kenya has appointed Ms. Karimi Ithau as its new Managing Director. Ms. Karimu joins Kenswitch from Interswitch…
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BUSINESS
DPO Group’s DumaCard is Africa’s first B2B Virtual and Prepaid payment card
Africa’s leading Payment Service Provider (PSP) DPO Group has launched Africa’s first business to business payment card. DPO is calling…
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News
Tracom launches a payment solutions tech academy in Kenya
Payment solutions company Tracom Services Limited has launched a youth tech academy in Kenya. Dubbed Tracom Academy, the school’s will…
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