Velmie Powers Sierra Leone’s First Digital Banking Super App

Posted on by kara | 7210 Views | 11 min read
Velmie

Velmie, a leader in banking technology infrastructure, has successfully delivered the core platform behind Vult, Sierra Leone’s first digital financial super app. The launch marks a significant milestone in Velmie‘s strategic mission to accelerate digital transformation for African financial institutions. Deployed in partnership with Metro Cable, the country’s foremost fibre broadband provider, Vult is already

Cross Switch Solidifies Market Position with New Payment Licence in South Africa

Posted on by kara | 12691 Views | 14 min read

This article was originally published here. Cross Switch, a leading provider of innovative payment solutions, has reached a significant milestone by securing its own Third-Party Payment Processor (TPPP) licence. The TPPP, issued by the Payments Association of South Africa (PASA) and sponsored by Absa, is a regulatory status that strengthens Cross Switch’s position in the

TCB Joins Stanbic, Enters Ramani’s Marketplace for SMBs

Posted on by kara | 6607 Views | 17 min read
TCB

TCB has partnered strategically with Ramani, a leading African Y Combinator-backed supply chain financing platform, to enhance financial access for small and medium-sized businesses (SMBs). Tanzania Commercial Bank joins Ramani’s Financial Marketplace as its second capital partner to provide scalable supply chain financing to micro-distribution centres (MDCs) of leading Fast-Moving Consumer Goods brands such as

MFS Africa Raises $100M in Extended Series C

Posted on by kara | 7759 Views | 8 min read
MFS

MFS Africa, a Digital payments network, raised $100 million in equity and debt funding led by Admaius Capital Partners in an extended Series C, bringing the round’s total to $200 million. Additional investors included new backers Vitruvian Partners and AXA IM Alts, along with existing investors AfricInvest FIVE and CommerzVentures. Dare Okoudjou, founder and CEO

Global Payments to Acquire Worldpay and Divest Issuer Solutions

Posted on by kara | 9571 Views | 44 min read
Global Payments

Global Payments Inc., a leading worldwide provider of payment technology and software solutions, today announced definitive agreements to divest its Issuer Solutions business to FIS for $13.5 billion and acquire Worldpay from GTCR and FIS for a net purchase price of $22.7 billion, or total value of $24.25 billion including $1.55 billion of anticipated tax

UBA Launches Upgraded PoS Terminal & MONI App to Boost Payments

Posted on by kara | 6887 Views | 14 min read
UBA

UBA—United Bank for Africa Plc, Africa’s Global Bank, has unveiled its vastly improved Point of Sale (POS) terminal and the UBA MONI App to redefine the digital payment landscape and empower small and medium-scale enterprises across Africa. The upgraded platforms are part of the bank’s ongoing campaign, which has the theme Innovation for Progress: Empowering SMEs,

Apple Tokenisation Fuels Egypt’s Digital Payments Shift

Posted on by kara | 15484 Views | 39 min read

A market view from Norman Frankel, Chief Growth Officer following his recent market visit. Originally published here. For regular visitors to Egypt, Old Cairo rarely changes. Home to the bank’s headquarters for decades, the constant background noise of traffic, the hustle and bustle of trade, narrow streets steeped in history and culture, are in stark

TANGO Redefines Payment Experiences: Empowering Retail Innovation

Posted on by kara | 3093 Views | 25 min read
TANGO

Tango, an Innovative payment solution, is set to revolutionise the modern payment environment in the South African retail space, reports MoData. Darren Turnbull, CEO of MoData, says: “At major industry events we attend, such as the 2025 Absa Commercial Payments Summit and BankservAfrica Payments Conference 2025, we see a growing focus on financial inclusion and

Digital Transformation in South Africa: Leveraging Global Know-How to Deliver the Cities of the Future

Posted on by kara | 6432 Views | 30 min read
Digital transformation

Vulindlela Moyo, Client Director at O-CITY Digital transformation is reshaping economies across the globe, and South Africa is no exception. Payment solution providers, including automated fare collection solution providers, are spearheading the change by delivering world-class digital technologies to improve people’s daily lives. Popular apps like MyCiTi, Rea Vaya, and Uber exemplify the growing adoption of digital

Kazang Wins ABSA Award for ‘Most Disruptive Fintech Shaping Financial Inclusion Vision’

Posted on by kara | 6177 Views | 9 min read
Kazang

Kazang, the prepaid value-added services (VAS) and card acquiring business within JSE-listed fintech Lesaka Technologies, has been named as the ‘Most Disruptive Fintech Shaping Financial Inclusion Vision’ in the cash category at the Absa Commercial Payments Summit 2025. The award recognises fintech companies revolutionising access to financial services for unbanked and underbanked populations. The goal