FinTech

Ethio telecom advances digital future with Visa

Yesterday's Visa discussions focused on both the existing performance of remittance services and growing market potential.
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1:10
11 hours ago

Nigerian fintechs contribute $18 million to new tax initiative

This tax seeks to capitalise on the increasing expansion of electronic payments, which will exceed $619.70 billion in total transactions by 2024.
1:30

Safaricom sets aside $300m to upgrade M-PESA.

The telco says by the time it’s fully rolled out, there will be zero downtime for customers. Safety and security are always top priority..
2:20
Tuesday

Velmie delivers Sierra Leones’ first digital banking super app

The Vult platform integrates mobile money, card payments, banking services, and bill payments into one seamless and secure user experience, says the company.
1:40

Kenya police detain fintech hacker nabbed in $378K cyber heist

Kenyan authorities have detained a 26-year-old man accused of orchestrating a $378 000 cyber-crime against fintech company JamboPay.
1:40

AXIAN backs PayTic's $4m seed round to fuel fintech expansion

PayTic, founded in 2020, is transforming the payment operations sector by offering automated reconciliation solutions.
2:10
15 Apr

South Africa's Stitch gets $55m Series B funding

This follows their last round, a $25 million Series A Extension announced in October 2023, increasing their total funding to $107 million in under four years.
5:00

Why modernising cross-border payments is key to economic growth

What is required is a transition from outdated systems to fintech-enabled solutions designed to satisfy today's global trade demands.
1:20

Egyptian fintechs boost payments security with new card

The Basata Card aims to offer flexible and secure financial solutions to both merchants and individual consumers.
1:00

EFT Corp names Mike Smits as group MD

Smits' new role will focus on driving strategy and digital transformation collaboration in Kenya, the Democratic Republic of the Congo, and Ethiopia.
2:10

Financial inclusion not just a buzzword, says Mukuru boss

Bongani Zamchiya revealed he intends to promote the Mukuru Wallet among the company's three million Zimbabwean clientele.
2:40

Kenya seeks to regulate crypto with new Virtual Assets Bill

The legislation, which has been tabled by the country’s Treasury, is designed to bring comprehensive oversight to the country’s growing cryptocurrency ecosystem.