Cross Switch, a global provider of payment processing solutions, announces that Tim Davis, Global CEO, and Mark Chirnside, Global Chief Revenue Officer & CEO Africa, will be attending Pay360 in London next week. As one of the more significant gatherings in the payments industry, Pay360 provides a key platform for thought leaders, financial institutions, and
EFTCorp, a trusted partner in modern banking, was honoured with the ‘Outstanding Contribution to Fintech Enablement’ award at the 15th Africa Bank 4.0 Summit—West Africa, held in Accra, Ghana, from 26 to 27 February 2025. The award recognises EFTCorp’s role in advancing fintech innovation and expanding financial inclusion across Africa by providing cutting-edge payment solutions
KCB Bank, the largest financial institution in East Africa, has partnered with Compass Plus Technologies to strengthen its multi-currency offering by launching Kenya’s first platinum multi-currency prepaid card. This card will empower its customers with the flexibility and convenience to pay for goods and access funds across borders. The card allows users to load and
PayShap is leading the charge as South Africa’s real-time payments landscape transforms. Built on the Rapid Payments Programme (RPP) rails, PayShap has emerged as a key product driving digital transactions, fostering financial inclusion, and accelerating the country’s shift towards a digital economy. Since its launch on March 13, 2023, PayShap has seen phenomenal growth, with
iKhokha, a fintech company dedicated to fostering growth for South African small businesses amid challenging macroeconomic conditions, hosted its first iKhokha Elevate event in Durban on Wednesday, March 12. The event, which saw hundreds of merchants attend in person and thousands more join online, focused on discussing the challenges and successes of small businesses. It
RealPay has strengthened its African footprint through expanded partnerships with leading financial institutions. These collaborations leverage innovative technology to promote financial inclusion and drive seamless payment processes across multiple countries. For more information about RealPay, click here. Founded in 2003, RealPay has pioneered time-sensitive payment solutions throughout the continent, helping businesses of all sizes—from small
XPay, a fintech startup, has partnered with Huawei Cloud Services to upgrade digital payment systems for businesses in Egypt. The agreement will expand XPay’s digital payment infrastructure by integrating Huawei’s cloud technology. In the official press release, XPay representatives indicated that the firm’s recent results reflect the confidence businesses have shown in its scalable services.
Network International, a leading enabler of digital commerce across the Middle East and Africa (MEA), has been appointed as a Payment Processor and issuing partner for MTN Group Fintech, Africa’s leading mobile financial services provider. This partnership marks a significant extension of Network’s portfolio of issuer processing collaborations throughout the African continent. With a footprint
IFC and AWB Egypt (Attijariwafa Bank) announced a partnership to bolster the Bank’s capital position and help it deliver on its strategy to support small and medium-sized enterprises and the growth of climate finance in Egypt. This capital infusion will enhance AWB Egypt’s capacity to expand its lending activities. IFC’s $20 million Tier 2 qualifying
Affinity Africa secured $8 million in seed funding, with The London and Cambridge Technology team advising Backed VC on its lead investment. Other investors include Grazia Equity, Enza Capital, Launch Africa, Renew Capital, Finca International, Attijariwafa Ventures, ImpactAssets, and Eldon Capital. Affinity Africa is a Ghanaian fintech that provides banking products to the underserved and
Receive Regular news of the latest in payments straight to your inbox.
