UnionPay International and Pesapal Partner to Boost Cross-Border Payments and Tourism in East Africa

Posted on by kara | 183 Views | 8 min read
UnionP

UnionPay International and Pesapal have announced a strategic partnership to expand UnionPay card acceptance across Pesapal’s Point-of-Sale (POS) merchant network. Launching initially in Tanzania followed by Rwanda, this collaboration significantly enhances payment convenience for international travellers while unlocking new commercial opportunities for local businesses. As the lead market for the rollout, Tanzania will see immediate

Abay Bank Launches Pre-Paid Visa Card for Seamless Global Payments

Posted on by kara | 1182 Views | 6 min read
Abay Bank

Abay Bank, in partnership with Visa Inc., a global leader in digital payments, has officially introduced the Abay Classic International Pre-Paid Visa Card, a service designed to empower customers, to make secure global payments without the need to carry cash. The vibrant launch ceremony, held at Abay Bank Headquarters in Addis Ababa, was graced by

Yellow Card Secures $40 Million in Strategic Equity Funding to Further Global Expansion

Posted on by kara | 1006 Views | 13 min read
Yellow Card

Yellow Card, a leading global stablecoin infrastructure provider, today announced the successful closing of a $40 million strategic funding round, with investment from SC Ventures by Standard Chartered, Sony Innovation Fund, Polychain Capital, Blockchain Capital, and additional strategic investors. The funding will scale Global USD Accounts, Yellow Card’s end-to-end dollar account for businesses, and expand

Stables and Access Bank South Africa partner to connect African trade to Asia with stablecoins

Posted on by kara | 1235 Views | 14 min read
Stables

Stables and Access Bank South Africa are partnering to explore a faster, cheaper way for African businesses to pay and get paid across Asia, settled in USDt. The partnership connects Access Bank’s customers to Stables’ payments network in Asia and MENA, targeting one of the slowest and most expensive corridors in global trade. It is

IFC Supports Expansion of Financing for Kenya’s Small Businesses through the First Catalytic First Loss Guarantee Transactions in Africa

Posted on by kara | 833 Views | 16 min read
IFC

IFC has committed its first transactions in Africa under the Catalytic First Loss Guarantee (CFLG) Program, unlocking a new pathway to finance for Kenya’s entrepreneurs. Through partnerships with 4G Capital, Equity Bank Kenya, and KCB Bank Kenya Limited, the initiative is expected to catalyze approximately $144.4 million equivalent in local currency lending to microenterprises, women-owned

Tyme Group’s GoTyme Bank Named Best Digital Bank for Consumers Across Its Markets by Euromoney

Posted on by kara | 3757 Views | 8 min read
Tyme Group

Tyme Group today announced that GoTyme Bank has been named Best Digital Bank for Consumers at the Euromoney Awards for Excellence 2026 across both its South Africa and the Philippines operations—making it the leading digital bank in all the markets in which it operates. The award follows another year of exceptional growth for Tyme Group,

Guinea Launches National Instant Payment Network

Posted on by kara | 2330 Views | 8 min read
Guine

Guinea has launched its first national instant payment system, introducing a single platform that allows participating financial institutions to exchange real time payments across the country. The system, called NimbaPay, is part of the government’s effort to modernize the financial sector and expand access to digital payments. The Central Bank of the Republic of Guinea

UnionPay Drives Cross-Border Interoperability and Digital Commerce Infrastructure at the 7th Africa Fintech Forum

Posted on by kara | 5387 Views | 14 min read
Union

UnionPay International has actively participated in the premier 7th Africa Fintech Forum, held at the Villa Rosa Kempinski Hotel in Nairobi, Kenya. The strategic move signals a major milestone in solidifying its brand equity and expanding its footprint within the pan-African fintech ecosystem, while simultaneously accelerating digital payment innovation and scaling cross-border financial rails. As

SACE and Bank of Africa Partner to Support Business Across Africa

Posted on by kara | 3139 Views | 14 min read
SACE

SACE, the Italian Export Credit Agency owned by the Ministry of Economy and Finance, and Bank of Africa, one of the leading banking groups on the African continent, have signed a cooperation agreement in Casablanca aimed at developing new financing and investment opportunities across Africa and supporting the participation of Italian companies and supply chains

eZi Remit Collaborates With Mastercard to Enhance Cross-Border Payments and Drive Financial Inclusion in South Africa

Posted on by kara | 5723 Views | 14 min read
eZi Remit

eZi Remit, a South African-based remittance fintech, has announced a strategic collaboration with Mastercard to enhance the speed, security, and accessibility of cross-border payments for eligible transactions. Powered by Mastercard Move, Mastercard’s portfolio of global money movement capabilities, eZi Remit’s solution is designed to enable South Africans to send money internationally with improved speed, transparency,