Pyypl works in numerous African and Middle Eastern countries, and it aims to transform and digitise financial services for 850 million underserved smartphone users.

Pyypl, a fintech company in the Middle East and Africa (MEA), has partnered with Visa to offer virtual and physical prepaid Visa cards through its mobile app.

This partnership aims to increase financial inclusion in the region by providing access to prepaid Visa cards in various markets. Local regulators have since approved the transaction.

Pyypl works in numerous African and Middle Eastern countries, and it aims to transform and digitise financial services for 850 million underserved smartphone users; the integration of Visa virtual cards will enable more access.

‘’With the support of local regulators, Pyypl is able to provide access to prepaid Visa cards in these markets, fast-tracking financial inclusion across the MEA region,’’ the fintech said in a statement.

Antti Arponen, CEO and co-founder of Pyypl, added: “’Working closely with Visa and local regulators in new markets, we are focused on growing Pyypl’s presence and contributing to advancing financial inclusion across the region.”

Hasan Kazmi, VP and head of strategic partnerships and ventures for CEMEA at Visa, commented: "We believe in empowering underbanked consumers by providing them with innovative, secure payment solutions. This not only gives them access to the digital economy but also helps them thrive in this increasingly digital age."