The Emergence of Payment Infrastructure in Africa: Trends and Future Developments – Traderoot Africa

Posted on by Staff Reporter | 3957 Views | 20 min read

The financial landscape in Africa is undergoing a transformative shift, thanks to the rapid advancement of fintech solutions. Among the key areas of innovation is the continent’s payment infrastructure, where fintech innovations are driving change and evolution at an exponential rate. For over two decades, Traderoot has played a pivotal role in reshaping the banking,

Meet Lula – An All-In-One Cash Flow Management Platform for SMEs.

Posted on by Staff Reporter | 8414 Views | 9 min read

South Africa’s leading SME-focused fintech, Lulalend, has evolved into Lula, a one-stop, cash-flow management and business banking solution. This rebranding marks a critical evolution from a funding provider to an ‘all in one cash flow management platform designed to simplify financial management for SMEs. “Guided by our core belief that SMEs are the lifeblood of

Paycorp Champions Financial Inclusion in South Africa with SARB Designation and Visa & MasterCard Principal Membership

Posted on by Staff Reporter | 177626 Views | 8 min read

Paycorp, a leading provider of payment solutions, has been licensed as a direct clearing system participant by the South African Reserve Bank (SARB). This means Paycorp can now acquire payment transactions directly into the National Payments System through BankServ Africa and internationally through its principal memberships with Visa and MasterCard. As an independent non-bank participant

What Should African Companies be Thinking About When Implementing Fintech? – Paystack

Posted on by Staff Reporter | 6347 Views | 23 min read

By Hayley Hopwood, Head of Revenue, Paystack Whether you realise it or not, there’s a good chance your company is using a financial technology (fintech) product. And even if by some slim chance it isn’t, chances are it will be in the near future. That’s as true in Africa as it is anywhere else in

AfCFTA Secretariat Partners with Zenith Bank Plc to create a One-Stop Online Trade Data Interface

Posted on by Staff Reporter | 9468 Views | 6 min read

In a significant move to bolster intra-African trade, the Secretariat of the African Continental Free Trade Area (AfCFTA) and Zenith Bank Plc have entered signed an MOU to develop a comprehensive online portal. This initiative aims to consolidate trade-related data and simplify business transactions across the continent, marking a pivotal step in making AfCFTA more

Ukheshe Partners with Diamond Trust Bank to Deliver BaaS in East Africa

Posted on by Staff Reporter | 82291 Views | 14 min read

Banking as a Service (BaaS) and embedded finance enabler Ukheshe has partnered with Diamond Trust Bank (DTB) to provide an innovative BaaS platform in East Africa. BaaS, the provision of banking products and services through third-party distributors, is expected to grow at a compound annual growth rate of a whopping 25% in some markets, and

Network International Delivers Strong H1 2023 Results Across MEA Markets

Posted on by Staff Reporter | 10223 Views | 16 min read

Network International Holdings Plc has announced its interim financial results for the half year ended 30 June 2023. The company reports good H1 2023 results with total revenue growing 19% in constant currency year-on-year (y.o.y.) demonstrating broad-based growth across all regions and business lines, with the total value of consumer payments processed with merchants across

Cultivating a Frictionless Payment Experience for Merchant Success

Posted on by Staff Reporter | 127198 Views | 18 min read

By Wesley Fetter, Product Manager at Ecentric Payment Systems In the world of business, especially within the e-commerce sphere, the adage ‘the customer is king’ has never rung truer. Today’s rapidly evolving digital landscape requires businesses to provide effortless, seamless, and most importantly, frictionless experiences to customers. Central to this is the payment process, which,

Airtel Africa and Mastercard Strengthens Partnership with Launch of New Remittance Transfer Service

Posted on by Staff Reporter | 77439 Views | 11 min read

Airtel Africa and Mastercard announced the launch of a new cross-border remittance service in partnership with Mastercard, which will enable Airtel subscribers across 14 African markets to send and receive money safely and securely, with speed and certainty. This innovative service will be rolled out in a phased approach to provide consumers with a seamless

Mike Kohlsdorf Appointed as CEO to Drive Next Phase of Growth for Transformed Company

Posted on by Staff Reporter | 8967 Views | 7 min read

Verifone, a leading global provider of payment solutions, announces that Mike Kohlsdorf has joined the company as CEO, succeeding Mike Pulli, who is stepping down after five years with the organization. Under Pulli’s leadership the Company went through a critical transformation from a provider of payment terminals and related legacy services to a modern FinTech