Paymentology Launches PayoCard to Expand Mobile-First Access to Card Services Across South Africa

Paymentology

Building on its strong presence in South Africa, Paymentology’s new plug-and-play solution, PayoCard, enables digital banks and fintechs to launch secure, self-service card experiences faster – supporting underserved customers and expanding access to digital payments Paymentology, the leading global issuer-processor, has launched a new mobile-first card management platform, PayoCard, to help digital banks and fintechs

Blu Penguin and Network International Power Ghana’s Mobile Money

Blu Penguin

Blu Penguin, a Ghana-based fintech and mobile money aggregator, has joined forces with Network International, a leading enabler of digital commerce across the Middle East and Africa, to bring mobile money capabilities to merchants across Ghana. This strategic collaboration integrates Blu Penguin’s mobile payment technology with Network’s N-Genius™ point-of-sale (POS) terminals, marking a significant step

MDP Boosts MEA Growth With BPC’s SmartVista Platform

SmartVista

MDP and BPC SmartVista collaboration continues to strengthen the company’s position as a payments leader across the Middle East and Africa. MDP, a long-standing leader in Africa’s card issuing and payment processing landscape, has significantly expanded its footprint across the Middle East and Africa (MEA) through its strategic partnership with global payments technology provider, BPC.

Cenfri Partners with Mojaloop to Support Payment Inclusion

Mojaloop

Mojaloop Foundation announced today that Cenfri, the South Africa-based independent think tank dedicated to enabling inclusive financial and economic growth, has joined its growing Global Partner Program. Cenfri’s expertise in market development, regulatory frameworks and policy design will further empower the Mojaloop Foundation’s mission to advance inclusive instant payment systems (IIPS) worldwide. “We are excited

PAPSS and Interstellar Launch African Currency Marketplace

PAPSS

PAPSS (Pan-African Payment and Settlement System), building on the successful rollout of its groundbreaking continental payment infrastructure, in strategic collaboration with Interstellar, a leading African deep-tech company, has announced the launch of the PAPSS African Currency Marketplace (PACM). The launch was announced on the sidelines of the 2025 Afreximbank Annual Meeting (AAM2025) held in Abuja

Wave Secures $137M Debt Round to Expand Mobile Money Services

Wave

Wave, a Senegal-based mobile money provider and one of Africa’s highest-valued startups, has secured US$137 million in debt financing to expand its mobile money operations and strengthen working capital across both existing and new markets. The round was led by Rand Merchant Bank (RMB), with participation from development finance institutions including British International Investment (BII),

Cross Switch Launches New Identity to Power Payments Across Emerging Markets

This article was originally published on the Cross Switch website here. Cross Switch, a global payment orchestration platform built for the unique needs of emerging markets, has unveiled a refreshed brand and newly redesigned website that reflect its continued growth and expanding presence across Africa and other high-growth regions. This announcement builds on recent momentum,

Network International and Magnati Secure Key Regulatory Approvals for Merger

Network

Network International, a leading fintech company in the Middle East and Africa (MEA), and Magnati, a leading provider of payment solutions in the UAE, today announced that they have received key regulatory approvals to merge into a single entity, owned by a Brookfield-led consortium. The merger process is expected to be completed during Q3, 2025.

Rizwan Shaikh Appointed Head of Services for Citi in the Middle East & Africa

Rizwan

Rizwan joins Services from Banking and has been with the firm for 27 years, working across Capital Markets and Corporate and Investment Banking. He most recently served as Head of Corporate Banking for MEA and has a history of securing landmark deals and driving strong revenues and returns for the business. He understands how to

Flutterwave Secures License to Power Payments in Senegal

Flutterwave

Flutterwave, Africa’s leading payments technology company, has recently secured a Payment Institution (PI) license from the Central Bank of West African States (BCEAO). With this license, Flutterwave is positioned to help businesses in Senegal scale by offering its full range of seamless digital payment services. It further demonstrates the company’s commitment to connecting Africa to